The Reagan Deficit A Legacy of Economic Growth and Debt

Reagan engineered a significant increase in U.S. defense spending designed to modernize existing forces and achieve technological advances the Soviet Union ... The National Drug. Policy Board now oversees major ... considered in the formulation and implementation of policies by. Executive departments and ... In 1981, the president signed into law significant cuts in government spending and tax rates. Reagan's “historic” turnaround cut the projected spending of the ... Reagan's strategy in dealing with the Soviet Union and ending the Cold War involved reviving the U.S. economy, restoring American self- ... Reagan's staunch anti-communism and deep distrust of the Soviet Union permeated his foreign policy. Convinced that the Soviets were seeking military superiority ... Reagan inherited a struggling economy and embarked upon radical solutions to turn around American economic decline. Important measures included a reduction ... As Reagan claimed in his address 'Our military strength is a prerequisite to peace.'Footnote As such, the president requested that the other major NATO members ... The foreign policy of Ronald Reagan was focused on defeating communism in the Soviet Union and preventing the spread of communism. At a campaign rally in 1976, Ronald Reagan introduced the welfare queen into the public conversation about poverty. “She used 80 names, 30 ... In order to address the deficit problem, Reagan backed away from strict supply-side theories to support a $98.3 billion tax increase in 1982. By early 1983 the ...