Ronald Reagan came into the oval office after a bad economic term by Jimmy Carter. Jimmy Carter left the office with high inflation, unemployment and interest rates. One of Reagan’s biggest goals he had for his presidency was to save the economy. Many people labeled his economic policy “Reaganomics”. With many new policies comes doubt … Read more
Reagan’s first term was dominated by efforts to carry out his economic program–dubbed “Reaganomics” by the media–which consisted in part of large budget reductions in domestic programs and substantial tax cuts for individuals and businesses. The theory of supply-side economics–generating growth by stimulating a greater supply of goods and services, thereby increasing jobs–was a mainstay … Read more
Somewhere at sometime a philosopher once said, “The world is divided into two kinds of people: those who are skeptical of others until the others prove themselves, and those who assume that other people are good and decent unless proven otherwise. ” Ronald Reagan was one of those people who assumed that other people are … Read more
