Reaganomics Essay

The word “Reaganomics” refers to the economic policies that were implemented by Ronald Reagen during his presidency in the 1980’s as an attempt to try and improve the economy in the United States. Prior to Reagan being signed into office, the United States economy was relatively stagnant, and the people had experienced a period of inflation as well as high unemployment rates. When Reagan won the presidency in the 1980s, he sought to fix these economic problems, which would later become known as reaganomics. Reagan believed the state of the economy at the time was a prominent and important issue, saying, “Idle industries have cast workers into unemployment, causing human misery and personal indignity. Those who do work are denied a fair return

Reagan had also believed in deregulation, as less involved government regulations on business within the United States would help promote business growth as well as new innovation. Reagan believed that deregulation would help the economy by creating new job opportunities as well as lower prices of goods and services, allowing more people to buy, and therefore more revenue for the businesses. Reagan had also used the Federal Reserve to promote movement in the economy by raising interest rates, with the goal of reducing inflation due to those interest rates. Reagan had also focused more on the federal budget, implementing money into areas that were looked over in previous years by different presidents. Reagan used some of this federal budget to increase military spending, most of it going into military training programs, defense programs, as well as contracts, allowing for the creation of more jobs in the

AIDS is a condition that is caused by a condition called HIV that attacks the immune system of people, making them weaker, vulnerable and decreasing their life expectancy. This disease is transmitted by certain bodily fluids and it has affected the infectants as well as their families and friends due to social stigmas and misunderstandings about AIDS. The epidemic had a big social impact within the United States, “When AIDS appeared in the early 1980s, most of its victims were gay men. For a time the disease was known as GRID—gay-related immune deficiency. The epidemic rekindled older pseudoscientific ideas about the inherently diseased nature of homosexual bodies.” (The American Yawp). This stigma surrounding AIDS and HIV had led to major discrimination against the gay community and had marginalized those living with the virus as people were scared of them and contracting the virus. There were so many misconceptions about HIV and AIDS, with many believing that only gays could get the disease, furthering the idea that it was a sin and god was punishing them, when in reality anyone could contract the disease, gay or not, and people wanted to fight against these stigmas, “I do my best to do as much as I can to dispel misconceptions about the disease. People don’t have to be afraid to be in the same room with us, people don’t have to be afraid to swim