Reagan's Budget Battles A Legacy of Fiscal Conservatism

At the beginning of Reagan's presidency the US was facing high inflation and high unemployment rates. Reagan's economic policies known as “reaganomics' ' ... There was more than enough blame to go around for each of these problems. Reagan resisted tax increases, and Congress resisted cuts in domestic spending. The ... When Ronald Reagan stepped down as president on January 20, 1989, he had served eight years. This itself is an extraordinary accomplishment; ... Ronald Reagan promised to take government off the backs of enterprising Americans. He told voters that government was not the solution to the nation's problems; ... When Reagan became president, problems with world trade, especially because of the rising price of oil, were having serious effects on America. Factories were ... In Ronald Reagan's first inaugural address, referring in 1981 to economic problems the nation faced at the time, he famously said that ... 4- During the Reagan presidency he faced a number of significant issues both domestically and abroad. One major domestic issue Reagan faced was the economy. The US during the Carter years faced a crisis of confidence. Americans were grappling with economic turmoil at home and a range of challenges to ... 00:05 – President Reagan begins his address, worst economic mess since the Great Depression ; 03:03 – People can't save money due to government ... Ronald Reagan becomes the next president. Page 3. 1970s Images. Page 4 ... When Reagan took office, the key problems facing the nation were rising ...