The Reagan Revolution Major Challenges and Significant Accomplishments

And even though Reagan and Carter had big differences, Reagan himself ... president to challenge Reagan in the fall of 1984 campaign. And they're very ... He followed up the passage of the largest tax cut in U.S. history by supporting and signing into law the Tax Reform law of 1986. Given the dire state of the economy facing Ronald Reagan ... But he came to office with a broad agenda, and there were many important problems to solve. Tax cuts were implemented to stimulate the United States' economy, which was facing double-digit inflation numbers and unemployment above 7 ... The main problem with Reagan's outlook was a failure to recognize that government regulation can serve business interests quite effectively. Many of the ... President Ronald Reagan unveils a new tax program, calling it "a second American Revolution for hope and opportunity." Upon taking office, Reagan called for a ... To reverse the economic cliimate of the time, President Reagan put forth an enomoic policy which aimed to reduce government regulation, lower taxes, and promote ... Reagan was one of the most despicable presidents… [He was] responsible for 500,000 American AIDS deaths and 10 million worldwide, while he ... Reagan's welfare reforms just made the poor poorer. When a three-year recession hit in 1980, six million more Americans fell into poverty. By ... While Reagan helped change the national mood, he also faced structural economic problems and strained relations with the U.S.S.R. that occupied most of his two ...