RONALD REAGAN My Sources are Reaganfoundation.org, Ronaldreagan.com, Biography.com, and a book: Ronald Reagan: How an Ordinary Man Became an Extraordinary Leader. For my research, I decided to write about Ronald Reagan, who was the 40 th President of the United States. Ronald Reagan was a controversial figure, with failures and successes. I want to show how he was, indeed, successful in leaving his legacy in economics. During the 1980s, a time when the country was not doing well and was in a recession, he boosted up society’s confidence and restored the economy somewhat, at least far more than what economist expected. The term Reaganomics was named after him, which involves policies based on the belief that lower tax rates would stimulate the economy. He was able to gain this type of success through his communication skills, for which he was given the title of the great communicator; he used humor and storytelling in his speeches so this allowed him to gain American’s confidence. His
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