People don't even know why. That's how good the propaganda is today..
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I was looking at some other data and saw a lot of corrections around 2016. Go figure.

Americans according to Americans Pretty sure a lot of people had issue with Ronnie’s handling of AIDS and corporate tax cuts
Reagan's handlers opened the door to corporate raiding which was devastating to working people.
But is the Dow Jones Industrial Average over 50,000?
It is not
I might include Nixon on the graph too.
Why? He wasn't even a crook.
It started with Nixon, though (arguably before, but not in pop-psy). Reagan should be the point of convergence.
Good thing should go up post WW2. The fall at Reagan is correct though.