The Hidden Truths How Reagan's Policies Exacerbated Economic Inequality

Reaganomics significantly stimulated economic growth, reduced unemployment, and curbed inflation in the US during the 1980s. 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 ... The result has been unprecedented government debt. Reagan has tripled the Gross Federal Debt, from $900 billion to $2.7 trillion. Ford and ... 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 ... ... Ronald Reagan. Public approval of Carter declined as the U.S. was ... How much did the hostage crisis hurt Jimmy Carter? Though Carter ... He claimed an undue tax burden, excessive government regulation, and massive social spending programs hampered growth. Reagan proposed a phased 30% tax cut for ... Reagan's economic policies were nicknamed Reaganomics · They were based on supply-side economics which prioritized tax cuts · Reaganomics reduced ... Almost every issue in America, from political to economic, from social to financial, can be traced back to Ronald Reagan. BARRETT, GAMBLING wrrH HISTORY: RONALD REAGAN IN THE WHITE HOUSE 67 (1983). ... revolutionary impact of the Reagan economic program, needs to be specified. Many Americans credit Reagan with reducing the size of government. In reality, he increased government spending, cut taxes and turned the United ...