Description
In the 1980 presidential election, it appeared that the United States was ready for Ronald Reagan. In the previous two decades the country had seen turmoil, war, and economic troubles. As a candidate, Ronald Reagan promised to restore America's influence abroad, build the economy, and increase American's faith in the political system. Did he deliver on these promises? Consider the following questions when formulating your answer:
- What was Reaganomics and what was its impact on the national economy?
- What impact did Reaganomics have on the deficit?
Explanation & Answer
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Running Head: REAGANOMICS
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Student’s Name
Professor’s Name
University Name
Course Name
Date
REAGANOMICS
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Reaganomics
Reaganomics are the economic policies of Ronald Regan during his tenure as president.
Reaganomics are conservative economic policies aimed at attacking the recession in the 1980.
These policies called for tax cuts, decrease in social spending, deregulation of all domestic
markets, and increase in milit...
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