HIS-135 WK7 CP1 - his politics at a conservative level he...

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Reagan’s Economics CheckPoint Jose Gonzalez Axia College of University of Phoenix 1
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Reagan’s Economics CheckPoint President Ronald Reagan policies were some what simply and easy for most common people to understand, which might have been what he was intending to happen. His intent was to decrease taxes on the American people, which would leave them with more money; more money which the people would spend and in turn further the economy. Although, this was much more easier said than done, because he tried to make it to the point where people understood their taxes and seemed fair to them. But, to keep
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Unformatted text preview: his politics at a conservative level he would have to broaden taxes in order to increase of government spend as it had not been since his plans went into actions. This involved a tax “clean up” act which curbed loopholes, preferences, and exceptions which some have been using to play less taxes overall. Despite the stimulation Reagan added to the economy he also converted the nations debt from $700 billion to $3 trillion. It was as President Reagan stated himself the "greatest disappointment" of his presidency. 2...
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