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The media had a big hand in Reagan being elected over Carter. Every newscast every night had a clock on the number of days the US hostages were held by the Iranians. This was a constant reminder on what was perceived as Carter's failure. So much so, that Reagan sent George Scholtz, to Iran to make a deal for them to keep the hostages until after the election. Which was the begining of Iran-Contra. Anyway, that was the real reason.
Yep. Perception shapes reality for most unfortunately. For all his actual failings however. He was ridiculously better than everyone after him.
Well let's just overlook all that because
https://en.m.wikipedia.org/wiki/1980_October_Surprise_theory