If I recall, one of the first things he did was change the tax code and cut taxes.
The sente was a large Repub majority and the house was a huge Rat majority.
Good luck with that approach today...
Reagan had a persuasive ability to often bring House Speaker Tip O'neill toward his political goals. However, O'neill snookered Reagan on amnesty for immigrants; naturally they made a deal and then the 'Rats reneged on their obligation.
Yes, changing the tax code to reduction raises revenues! We have known this for at least a century yet to say so to a Demo'Rat is like waving a red flag in front of an angry bull. They are not interested in raising the living standard of the middle class - DESPITE Hakeem Jeffries constantly posting on X that they are fighting for the middle class - they are interested in the (federal) government being the source of all things and capitalism is like a pandemic disease.
Reducing taxes and suffocating govt regulations and somehow increasing productivity could help with stagflation. Carol Roth says an AI miracle could improve productivity enough to help; I am a bit doubtful as that sort of increase in productivity often costs higher unemployment. 🤷♂️ The fast food industry in California is facing that dilemma right now. I suspect the fast food industry there is dead if the people don't wise up and get rid of their Demo'Rat autocratic oligarchy.