The Damaging Ripple Effect of Reagan's Economic Decisions

the economy. “It's time to recognize that we've come to a turning point ... WHAT DID PRESIDENT REAGAN DO? Page 19. Advise the President 19. RONALD REAGAN. ment intervention only hurts the economy. They are theoretical and not ... What did Ronald Reagan do to the tax rate between 1981 and 1989? 2. What ... Reagan's economic legacy is mixed. On the one hand, tax reduction and a tightening of interest rates by the Federal Reserve led to a record period of peacetime ... Reagan's economic policies highlighted his long-standing dislike of high federal income taxes. Reagan embraced the theory of "supply side economics," feeling ... Between the beginning and the end of the Reagan presidency, the annual deficit almost tripled. So did the gross national debt -- from $995 billion to $2.9 ... The Reagan administration slashed the priime interest rate by more than half, from an unprecedented 21.5% in January 1981 to 10% in August 1988. This ... Reagan's economic policies are called Reaganomics. these policies are based on the theory of supply-side economics which says tax cuts encourage economic ... Free trade measures during the mid-1990s also constituted a tax-cut stimulus effect. Importantly, the Republican Congress forced Clinton into ... President, I thank you, and your country thanks you.” - President Ronald Reagan at the dedication ceremony for the Carter Presidential Center in ... As a domestic policy advisor to Ronald Reagan, Bruce Bartlett was one of the originators of Reaganomics, the supply-side economic theory that conservatives ...