Reaganomics The Legacy and Impact on American Economy

Presidential Power Ronald Reagan served as America's 40th president. Reagan managed to cut taxes, increase defense spending, negotiate a nuclear arms reduction ... The pillars of Reagan's economic policy included increasing defense spending, balancing the federal budget and slowing the growth of government spending, ... The Reagan presidency had a profound and lasting impact on the Republican Party and American politics more broadly. By championing a conservative, pro-business, ... In the depths of the 1981-1982 recession, Americans were far more displeased with their president and his policies than were their ... Ronald Wilson Reagan, the 40th President of the United States, remains a towering figure in American political history. Reagan made more than $22 billion in cuts to social welfare programs, including federal student loans and the Comprehensive Employment and ... “From humble roots, to Hollywood, to Sacramento, to Washington, President Ronald Reagan left a lasting impact on America,” said Secretary Acosta ... “[Reagan] transformed a sputtering U.S. economy into a rocket of growth that led to a generation of prosperity. He restored a neglected U.S. ... Reagan's domestic policies had a major impact on the American people and have had for many years. He followed up the passage of the largest tax cut in U.S. ... Ronald Reagan was inaugurated as the 40th President of the United States on January 20, 1981. His presidency marked a significant shift in ...