Ronald Reagan created policies which many say stimulated the economy

Ronald Reagan created policies which many say stimulated the economy

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Ronald Reagan created policies which many say stimulated the economy. Politically I have always heard that he was responsible for helping the rich get richer, and the poor get poorer. Ronald Reagan was responsible for solidifying the lines in the class boundaries seen everywhere today. During the two terms Ronald Reagan served he changed the rules for social security benefits, allowing receipt of benefits, based on amount paid in recipient’s lifetime. For many this lowered the amount of their monthly payments. Ronald Reagan cut the budget for many programs targeted at services for the poor. This lowered benefit amounts for many
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Unformatted text preview: receiving food stamps, cash assistance, wic, Medicaid free and reduced lunches, and section 8 housing. In reducing these benefits the ones who suffer the most have the least. Ronald Reagan approved a 100 billion dollar Increase in military spending. Most of this money was allocated to the programs enhancing the nuclear plan, which increased our chance for success in the event of a nuclear war, America would succeed. One of Ronald Reagans greatest accomplishments would have to be his lower unemployment rates, which lasted for any years....
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This note was uploaded on 10/03/2010 for the course AXIA COLLE All taught by Professor Unk during the Spring '10 term at University of Phoenix.

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