{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Reaganomics - caught in tedious jobs He then implemented...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
HIS/135 Morgen Rogers Tonia Stoneman Reaganomics Ronald Reagan was elected in 1980. His Hollywood past and good looks got him in the door. His economics policies were not very prosperous for our nation. Reagan wanted to increase military power. He wanted us to be the true superpower. His military ambition caused a great national deficit. He also cut taxes to the wealthy and he cut the budgets for the middle and lower class. This caused the United States society to split. Unemployment rates were up and many people that were employed were
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: caught in tedious jobs. He then implemented the Economic Tax Act which reduced taxes by twenty five percent. This increased industry. It also brought more jobs for the wealthy blue collar workers. It allowed many jobs to be sent to other countries like Mexico. His increased spending for the military was mostly for expensive nuclear weapons increased the national deficit to $400 billion. This was the greatest deficit yet....
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern