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Reagans policies - reduction for all tax payers The impact...

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Running head: REAGAN'S POLICIES 1 Reagan's Policies HIS 135 November 16, 2011 Gaven Hodge
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REAGAN'S POLICIES 2 Reagan's Policies Reagan’s goal as president was to weaken big government spending. His budget was an instrument to reduce bureaucracy and undermine activist federal agencies in civil rights, environmental, poverty programs, and education. He wanted our government to be back to the size it was before the reforms of Kennedy, and Johnson. Reagan pushed during his first year as president his “supply side” legislation. The tax act would provide a 25% across the board
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Unformatted text preview: reduction for all tax payers. The impact of Reagans “supply side” economics was mixed; by 1982 a recession had pushed unemployment above 10 %. By the following year was a new beginning of an economic expansion that lasted throughout his presidency; all due to increased federal spending, and lowered interest rates with the added falling energy cost that improved productivity. By the end of his term as president he has created more than 14.5 million jobs for the American people....
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