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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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- Winter '10