Checkpoint Reagans Economics

Checkpoint Reagans Economics - decreasing of margins to...

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Reagan’s policies as president had hindered and helped many. He started out with a soiled presidency term because of the trouble the country had gone through from all the liberation and wars. Reagan’s status as president had only one solution, he chose to stimulate the country by cutting taxes, and the mortgage rates being the higher rates at the time, he lowered the deficiency there too. He aimed to lower taxes and rates in a way that it would encourage spending and start the economy over again from the current recession. Reagan over inspired the cutting of taxes and
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Unformatted text preview: decreasing of margins to help make a middle class again. This continued so far that it created a huge budget deficit during his presidency that America spending did not stop and continued to occur until another near depression of current day. This did allot more spending from the country and showed America that it was okay to spend again after the recession....
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This note was uploaded on 03/06/2011 for the course HIS 135 taught by Professor Runyon during the Winter '10 term at University of Phoenix.

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