Reagan's Deregulation Disaster Unleashing Corporate Greed

Elected in 1980 and inaugurated in 1981, one of Ronald Reagan's main goals was to restore America's faltering economy. Inflation was the top concern for ... The result has been unprecedented government debt. Reagan has tripled the Gross Federal Debt, from $900 billion to $2.7 trillion. Ford and ... The federal debt was about half what it is today, measured as a share of the economy. The Reagan tax cut was huge. The top rate fell from 70 ... When President Reagan took office in 1981 the top marginal personal income tax rate was 70 percent. We have retreated a bit from the low tax rates of ... Reagan's deficit spending did not only affect that period of time, it created a tolerance for deficit spending that will continue to affect the economy for many ... Reaganomics did ignite one of the longest and strongest periods of economic growth in the US. The result of tax cuts depended on how fast the economy was ... Many things that Ronald Reagan did were very important for this country, but Reaganomics had some major problems. For one thing, it created a ... ... impacts the economy. 4 min read. Research. July 23, 2020 February 23, 2024 ... Did 1986 Tax Reform Hurt Affordable Housing? Improving cost recovery for ... The Reagan administration advocated supply-side economics, arguing that tax cuts and reduced government spending would increase investment by ... tax. Both during his campaign and after taking office, President Ronald Reagan stated ... way in the economy. This level of military expenditure threatens ...