Ronald Reagan's Enduring Legacy Shaping the Modern United States

He had become frustrated at his inability to secure the release of the seven American hostages being held by Iranian terrorists in Lebanon. As president, Reagan ... It was Ronald Reagan's happiness, his optimism, his enjoyment of life and his undying belief in the inherent goodness and spirit of the American people that got ... America, responsible for one fifth of global GDP in 1980, produced one third of global GDP in 2003. That is Ronald Reagan's legacy. The Lasting Impact of Supply ... ... in the short and long term. We recognize that Members of Congress on ... of the United States. Others would say there were other acts. But I always ... Ronald Reagan figured that if you cut taxes on companies and the very wealthy and reduced regulations on business, they would invest more, the economy would ... When President Reagan took office, he promised to rebuild the nation's defenses, restore economic growth, and trim the size of the federal government. He was able to capture the political capital of an unsettled national mood and, in the process, helped set an agenda and policies that would affect his ... Reagan later explained in his memoirs that his support of tax cuts came from personal experience as a highly paid actor in Hollywood in the 1950s who had to pay ... Reagan's economic legacy is mixed. On the one hand, tax reduction and a tightening of interest rates by the Federal Reserve led to a record period of peacetime ... As U.S. President, Reagan reduced government spending in a host of areas like public housing and food stamps. However, his administration was a ...