The Failure Of Reagan's Economic Policy

101 Words1 Pages
The policies of Reagan yet were rarely as radical, but when collected Reagan’s successes during his initial term as president had implied some slide of path, significantly of the policies of the public; above economic policies of the administration. The government started adjusting the rate of spending and taxing. Investment was being promoted rather than consumption, and corporations and the wealthy were being relieved of burdens and tax. The government had started to cease growth, and focused on reducing unnecessary and/or useless programs that were presumed as just wasting time. This new economic program then started to be described as Reaganomics.