If you look at a chart of recession history, we’re due, so what’s the big deal. Recessions are normal events, that’s why they generally happen about every 8-10 years. Reagan had two in 4 years.
https://www.bing.com/search?q=chart+of+recessions+since+1980&cvid=9f2a9b4674934ee7b17d13123caf1e60&aqs=edge.5.69i57j0l8.12455j0j1&pglt=299&FORM=ANNTA1&PC=DCTS
Reagan had one. The other one was Carter, 1980.