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Unformatted text preview: economy; businesses expanded. People started to buy more, as their spendable income increased. These policies were so effective that twenty years later, America was still reaping the benefits. Another one of Reagan’s policies led to economic prosperity; he increased military spending. This policy not only created a large amount of jobs, but it contributed to the bankruptcy of the Soviet Union. More jobs leads to more spending, and that helps the economy. There was also a decrease in governmental spending in social programs which led to a decreased governmental deficit. The conservative politics of President Reagan greatly helped America’s economy. He used tax cuts, increased military spending, and cutting social programs to help boost the economy. We are still reaping the benefits of some of these changes. Unfortunately other Presidents chose to change these proven politics which has led to a loss of economical benefits that this nation once experienced....
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This note was uploaded on 12/12/2010 for the course HIS 135 taught by Professor Runyon during the Spring '10 term at University of Phoenix.
- Spring '10