The Reagan Revolution A Transformative Era

Implementing a series of economic policies dubbed “Reaganomics,” the president sought to stimulate the economy while shrinking the size of the federal ... His role was important, albeit not as important as Mikhail Gorbachev's. But his significance stemmed less from the arms buildup and ideological ... This severely reduced the amount of money the federal government was getting from taxation. At the same time, Reagan introduced cuts in welfare spending valued ... Reaganomics is a popular terminology referring to the economic policies curated by the former president of the United States Ronald Regan. A proponent of "New Federalism," President Reagan wanted to adjust the roles of Federal and State governments to give the States greater ... President Reagan instituted tax cuts, decreased social spending, increased military spending, and implemented market deregulation. Reaganomics was influenced by ... President Reagan had run a campaign that focused on his desire to tackle three challenges: the economic morass the nation was in, diplomatic ... Once he became president, Reagan gave highest priority to implementing his economic program, known as Reaganomics. The president believed he could encourage ... Explore Reagan's economic policy, emphasizing lower taxes, deregulation, and free-market capitalism. Discover the impact on U.S. growth and prosperity. Indeed, by pledging U.S. power and legitimacy to defeating communism in Latin America, Reagan tapped into a deep tradition of asserting U.S. ...