To call Reagan's second term a failure is ridiculous. He had problems with Iran Contra but probably could have been reelected in 88 (as might Clinton have been in 2000)
I'd say Reagan's term was a failure. He retreated on taxes, Iran-Contra, and basically slept through the term. I love the guy but the truth is his second term was largely a failure.
Yeah, but you have to accomplish something to be a good President in both terms. The second term, as I recall, he put in a tax 'compromise' that was really a tax increase.
I like Reagan, too, but I don't remember his second term being really productive for conservatives. Certainly not like the first two years were.