The Long-Term Consequences of Reagan's Economic Policies

Reagan and his advisers, particularly Baker, made the economy their first priority from the outset. They were helped in this when Iran released the Americans ... Reagan was the 40th US president. In 1981, the US faced stagflation and recession. To alter the course of the US economy, Reagan implemented a ... President Ronald Reagan's economic plan, known as 'Reaganomics,' was an attempt to stimulate the inert American economy of the 1970s through supply-side ... President, I thank you, and your country thanks you.” - President Ronald Reagan at the dedication ceremony for the Carter Presidential Center in ... hurt by the Reagan proposals for cuts in foodstamps, welfare, school ... trying to send President Ronald Reagan a message: They want jobs - not tax ... Reaganomics significantly stimulated economic growth, reduced unemployment, and curbed inflation in the US during the 1980s. Almost every issue in America, from political to economic, from social to financial, can be traced back to Ronald Reagan. Reagan did nothing good that benefited everyday Americans but the top. ... This benefited the top 0.001% but in the sam time Ronald Reagan ... increased wealth inequality · an increase in corporate bankruptcies · inadequate tax cuts · increased government spending ... In January 1981 Ronald Reagan took office as President after defeating the incumbent Jimmy Carter the previous November ... economy of overburdensome ...