OUTLINEHIS135WK7PowerPoint - Negative Outcomes of...

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Decade of Comported Greed By: Tracy Gaither Decade of Corporate Greed Increased spending and lower taxes roots the economy to boom. Know as the Decade of Corporate Greed, in the 80’s the period was an great boom and recession the beginning of the 80’s. “Reaganomics” had hand in the boom and what various individuals pondered “Corporate Greed.” Social and Economic Composition Increased Government Spending More jobs Lower taxes These were the benefits that Reaganomics produced elevating poverty. The Political Climate Numerous individuals were fond of Reagan’s new policies system plus the tax act. Because of this several citizens voted for similar minded people and became solid supporters.
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Unformatted text preview: Negative Outcomes of Reaganomics Poverty levels increased Only certain individuals benefited from the system The national debt increased Some social programs were cut Conclusion Less taxes meant more spending by people and really increased tax dollars for our government. Big corporations benefited from consumer spending also less taxes thus permitted rapid growth. Reaganomics was mainly good for large corporations and the wealthy. References His/135 reading Ch. 32 Sperry, P. (2010) Reagan Economics www.heritage.org June 1,2011...
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OUTLINEHIS135WK7PowerPoint - Negative Outcomes of...

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