Reagan's Economic Blunders How His Policies Damaged America

Did the amount of taxes extracted from the American people by the federal government go up or down during the Reagan years? The facts are that federal tax ... Reagan's approval ratings dropped as deficits increased, interest rates rose as high as 20 percent, unemployment reached 10 percent, even higher for minorities, ... Rather, he believed the ERA was the wrong way to guarantee gender equality and that it would actually hurt women. In his convention speech, he explained that ... The Reagan Administration began the destruction of America which has continued right up until today. The administration of Donald Trump has ... So, early in his administration, Reagan pushed through a package of massive tax cuts, and the economy got better. Unemployment dropped from 11 ... 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 ... He got his tax overhaul and the top marginal tax rate plunged to 50%. By the time he left office in 1988 it was down to 28%. It has not gotten ... 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 ... the Reagan administration. It ... "Earnings Mobility: Permanent Change or Transitory. Fluctuations?" Review of Economics and Smrisrics, 1982, in press. Where those regulations were aimed at the greedy, they now penetrated to most Americans lives. Thus, Americans in some ways were displaced by 1980 from the ...