Reagan's Impact on America A Lasting Legacy

The pillars of Reagan's economic policy included increasing defense spending, balancing the federal budget and slowing the growth of government spending, ... Yet their greatest implication is that of a nation less well prepared to handle a severe energy shortage. The Administration believes this is not a problem, ... In the 1980s, a new conservatism arose in social, economic and political life, characterized by the policies of US President Ronald Reagan and UK Prime ... In his reign, these tax cuts lowered the marginal tax rates from 78% to a mere 28%. For those unaware, a marginal tax rate is the additional ... Reagan strongly believed that American ingenuity could conquer technological obstacles. This belief is what drove his pursuit of SDI, despite ... Ultimately, by striving to end the nuclear arms race and avoid Armageddon, he contributed to the dynamics that led to the dissolution of the ... President Reagan's policies sparked a major debate about the role of government. He favored less government intervention, promoting free enterprise and ... “Millions of Americans today have had to tighten their belts because of the economic conditions,”. President Reagan said in a news conference, “and it's time ... Perhaps Reagan's greatest contribution to our political discourse today was his unflinching belief in immigration as a source of American ... Indeed, by pledging U.S. power and legitimacy to defeating communism in Latin America, Reagan tapped into a deep tradition of asserting U.S. ...