WI: Walter Mondale wins in 1984?

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As I suggested, Reagan could make the mistake of dumping Volker.

Volcker's term wasn't up until August 1983. By then, the recovery was underway and it is really hard for me to see any plausible successor aborting it within a year, especially since unemployment was still high and inflation low. Even if for some reason a new Chairman wanted to raise interest rates at that time, I doubt that he could get the Board to back him.
 
What if Reagan Won the 1976 election beating ford and carter. He serves 2 terms 1977- 1985. Vice president Dole runs in 84 with Howard baker as his running mate and loses to 1976 democratic vice presidential nominee and Minnesota senator Walter Mondale and his Running Mate is Colorado Senator Gary Hart

President
39. Ronald Reagan January 20,1977- January 20, 1985 - California
40. Walter Mondale January 20, 1985- January 20, 1993 - Minnesota
Vice President
42. Bob Dole January 20,1977- January 20, 1985 - Kansas
43. Gary Hart January 20,1985- January 20, 1993 - Colorado
 
Let's say Reagan fires Volker and appoints Greenspan (or another supply side Ayn Rand believer) to the fed earlier. They respond to the economic problems (inflation, unemployment, etc...) the wrong way and the economy doesn't recover like it did OTL, nor is there a light at the end of the tunnel (signs that things are gonna get better) like there was for Obama in 2012 and Reagan goes into the election vulnerable. On top of that, Grenada goes bad and Reagan's debate performances in both debates are as bad as the first debate of OTL. Mondale/Dukakis beats Reagan/Bush by a close but respectable margin.

With inflation curbed and the economy in deep recession, of course Greenspan would ease up on interest rates, as Volcker did in OTL. There is absolutely nothing in Greenspan's record to indicate he believes in high interest rates at all times, and indeed he has been criticized for not raising interest rates in time to stop the dotcom bubble of the late 1990's or the housing bubble of the mid-2000's. And it's hard to see how Grenada can "go bad"; the "1,200 to 1,500 troops of the People's Revolutionary Army" https://en.wikipedia.org/wiki/People's_Revolutionary_Army_(Grenada) were hardly a match for the armed forces of the United States...
 
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