The Economic Consequences of Reagan's Tax Cuts and Deregulation

The Lasting Impact of Supply-Side Economics ... The key to this awesome and unprecedented triumph was Reagan's dismantling of the confiscatory tax codes imposed ... This chapter discusses the global impact of Reaganomics. The United States became a net importer during Ronald Reagan's first term as a president. The ... 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 ... Ronald Reagan saw that reform might reduce government intervention in the economy and further lower tax rates. He convinced the Republicans to support ... Reagan endorsed the reduction in money growth initiated by the Federal Reserve in late 1979, a policy that led to both the severe 1982 recession and a large ... President Ronald Reagan's economic plan, known as 'Reaganomics,' was an attempt to stimulate the inert American economy of the 1970s through supply-side ... First, 20 million jobs were created, and the areas of finance and technology expanded over the 8 years thanks to greater economic flexibility. 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 ... 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 ... ... Ronald Reagan. Public approval of Carter declined as the U.S. was ... How much did the hostage crisis hurt Jimmy Carter? Though Carter ...