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Ronald Reagan Inaugural Address Analysis

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In Ronald Reagan's inaugural address, one of his greatest points was about how the United States was living outside of the national budget. Ronald Reagan had a dream for the future generations and had a mind to value the future, instead of being primarily focused on living in the present. Reagan believed that the United States could only live beyond its means by borrowing for a limited time before it began to become a problem. He believed in a reality that the economic problems the United States had brought upon itself would not be fixed in milestones, but in inches, not in days, but in years. Ronald Reagan believed that the people built the government, not that the government built the people. He was quick to come to the resolution that government is the problem in America. …show more content…

He believed that too many Americans were out of work, and to fix this, he believed in putting all Americans to work. To fix the economy, Ronald Reagan wanted to free Americans from the fear of living costs. Without the fear of sudden economic collapse, he believed that more would go to work to search for a new life in an improved and steady economy. His theory was that if he could get all the American people to work, then the United States would experience a flourishing economy. Ronald Reagan believed that the government was too large and smothering opportunity, rather than fostering productivity. To help more companies open, providing more jobs and economic growth, Reagan proposed removing the regulations that slowed companies from getting started. Ronald Reagan believed that in past presidential administrations, industry had been stifled, and industry needed to be revived in America by reducing government control and lightening the taxes on the

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The Pros And Cons Of Ronald Reagan's Tax Cuts

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Tax relief for the rich would allow them to spend and invest their money. This spending would fuel the economy and create new jobs. Reagan believed that these tax cuts would ultimately generate more revenue for the federal government. Congress was not as confident as Reagan, but they did approved a 25 percent

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Ronald Reaganomics Pros And Cons

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The 1980s economic policies put in place by President Ronald Reagan are referred to as Reaganomics. This prioritized raising military spending, lowering taxes, and simplifying government regulations. Reaganomics' proponents contend that because it increased economic growth and decreased inflation, it was advantageous for the US. It was thought that lowering taxes, particularly for the wealthy, would encourage investment and eventually strengthen the economy as a whole. Furthermore, it was believed that the focus on deregulation would encourage innovation and competitiveness in the free market.

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Although many people doubted this economic move, Reagan knew best, and that the Economic Recovery Tax Act did nothing but buff the economy and government budgets. Many people say that “economic growth has begun to take off”. Reagan Foundation He showed that he could improve the country by doing this, he listened to himself and knew what was best for America and he followed through. He didn’t lie about what he was going to do for the country, like many other presidents

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Reagan was trying to make sure that the Active State could exist without suffocating the economy or stopping business from operating at maximum efficiency. He was the balance between the of the Progressive Democrats/Republicans and the Roaring 20s Conservatives, and only wanted an Active State was lean, mean and

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Compare And Contrast Ronald Reagan And Bill Clinton

854 Words | 4 Pages

Unemployment rates began to increase. Over time, Reagan had increased taxes 11 times, mainly on the middle class. When Reagan had left office, he had tripled the national debt of United States. This had affected the United States and led to several issues later on. This is the reason Reaganomics had both aided some and destroyed others.

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Controversies Surrounding The Reagan Administration

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These policies were there to create economic growth, reduce inflation, and create more jobs. “the Reagan policy mix worked as advertised to slow the growth in the supply of money while increasing the demand for it. As a result, inflation collapsed, interest rates fell, and economic growth revived. ”(Kemp) Additionally,

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Reagan was able to cut government funding by 25% to support the US economy. Reagan believed with government imposing less taxes the economy would benefit because the US citizen would be making more money. Reagan discusses his idea for reform to try to improve the economy in his inaugural address. “This Administration’s objective will be a healthy, vigorous, growing economy that provides equal opportunities for all Americans, with no barriers born of bigotry or discrimination. Putting America back to work means putting all Americans back to work.

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He did this to reduce the money spent so that we would be able to benefit from it. Reagan did make a lot of changes that really helped the people better their money problems.

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Ronald Reagan Inaugural Address Analysis

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In addition, the unreasonable tax price kept the nation “…from maintaining full productivity” (325). Reagan stated that “We must act today in order to preserve tomorrow” (325). He proposed that the best way to solve the financial dilemma was to put all Americans into the workforce and “…reawaken this industrial giant…” (326). Furthermore, Reagan planned to end the financial crisis by “…removing the roadblocks that…slowed the economy and reduced productivity” (326).

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Reagan’s style of speech was the small smirks and smiles he’d give. He often smiled at the points that regarded the courage and greatness of America as his audience cheered with agreement (“2nd”). The crowd specifically cheered to the statement, “By 1980, we knew it was time to renew our faith, to strive with all our strength toward the ultimate in individual freedom consistent with an orderly society. We believed then and now there are no limits to growth and human progress when men and women are free to follow their dreams.” (“President”).

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These policies encouraged entrepreneurship, reduced government spending, and cut federal taxes to twenty-five percent. After a period of turmoil, “Reaganomics” improved the economy and restored America to its “rightful place in the world.” Once more, Americans

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Reagan sets America on a higher level than any other country when he says, “Freedom and the dignity of the individual have been more available and assured here than in any other place on earth.” He then goes on to add, “We will again be the exemplar of freedom and a beacon of hope for those who do not now have freedom.” These hopeful words such as freedom and dignity set America apart from the rest of the world. Ronald Reagan is tactfully creating a sense of nationalism and unification in his audience, giving them a sense of pride. People want to preserve and remake America in this way, because believing that we have more freedom and more opportunities than others, makes us

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Reagan's Minimum Wage

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He believed that it was not the place of the federal government to tell companies how much they should pay their workers. Along with this, Reagan thought that companies would naturally raise their wages in order to keep their employees from going to other employers with higher wages. Competition between corporations would cause the salary of civilians to go up and the minimum wage would be irrelevant. Theoretically, this may work, but it failed and not create a safety net for citizens. Some workers would have no choice but to work minimum wage and this amount of money is barely possible, if not impossible, to live on.

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Ronald Reagan Inaugural Speech Analysis

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As mentioned previously, Ronald Reagan already challenged the status quo when he called for significant changes to the country. Rather it be changing and reducing taxes through fixing the tax code, increasing military spending, etc., we’re able to see this. It is without surprise that many people considered candidate Reagan’s ideas “radical” during the 1980 campaign, since the vast majority of political ideas and platforms largely contained a more liberal philosophy. In his first speech as president in his inaugural address, President Reagan swatted the vast increase in the government’s role in the past two decades. Rather than have the government attempt to solve all of our problems, the government is the cause for all our problems that America currently faces.

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