Examples Of Reaganomics

Ronald Reagan was the President of the United States from 1981-1989. He was consistently popular throughout his presidency. Before his presidency, Reagan was the 33rd Governor of California. President Reagan is most known for being president during the end of the Cold War with the Soviet Union. He also became famous for his economic policy called “Reaganomics” and for being a Hollywood movie star who became president. President Reagan’s term saw a restoration of prosperity at home, with the goal of achieving “peace through strength” aboard. A lot of events took place throughout the presidency of Ronald Reagan. The Iran Control Scandal was a political scandal in the United States that came to light in November of 1986. The senior Reagan administration

Reaganomics was also called supply-side economics. Reaganomics was based on the trickle-down theory. The idea is that with a lower tax burden and an increased investment, business can supply more, increasing employment and worker pay. Reagan had hopes to advance America’s growth and investment by reducing corporate tax rates and lowering federal tax rates for upper and middle income Americans. President Reagan’s policies resulted in the largest peacetime economic boom in American history and nearly 35 million more

One of his many qualities was his solid commitment to American values. These values include tolerance for risk, the sense of right and wrong, respect for and the sense of obligation to the community and compassion towards those less fortunate. Another one of his qualities was his political courage and integrity which was displayed throughout his presidency, especially during the threat of the air traffic controllers to walk off their jobs to oppose the Taft-Hartley Act. Ronald Raegan’s ability to inspire confidence and earn public support is his quality that made his presidency successful. He was a great communicator which made it easier for him to explain his policies to the people and inspire confidence in