Therefore it would seem that the tax cuts and policy of Reaganomics worked very

Therefore it would seem that the tax cuts and policy

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Therefore, it would seem that the tax cuts and policy of Reaganomics worked very well in the 1980s; the economic growth experienced in that decade has yet to be matched. Regardless of one’s political affiliation, it is undeniable that tax cuts work and the economic policy of the Regan Administration should be implemented into our system now, during the present economic crisis. The implementation of tax cuts, both on income and corporations, provided working class Americans with the incentive to work and to achieve. No longer were people afraid of earning; the tax cuts prevented hard working Americans from being punished with onerous and unmitigated taxation. This era of economic growth restored a feeling of optimism in America, especially after the failures of the Carter Administration and the record setting unemployment rate of the late 1970s. Ronald Reagan’s policies, both foreign and domestic, made people proud to be Americans once again. During the 1980s, Americans were not being villainized and condemned, they were being praised. Reagan restored the feeling of confidence in America and brought forth a generation of strong, nationalistic Americans. Ronald Reagan was a success as President of the United States, not only because of his charisma and communication skills, nor simply because of his policies. Ronald Reagan was a success because the American people loved him. In 1984, during his campaign for a second term, the electorate illustrated their reverie for him and he won in the largest landslide victory ever recorded. He was unanimously re-elected in 49 of the 50 states (What Would Reagan Do?). His unprecedented victory astonished the world and many of his political detractors wondered how he could be so popular. Once again, the political philosopher Machiavelli offers insight into how a person should be a successful leader. Machiavelli wrote in 1513, “…he should inspire his citizens to follow their pursuits quietly, in trade and in agriculture and in every other pursuit of men, so that one person does not fear to adorn his possessions for fear that they be taken away from him, and another to open up a trade for fear of taxes” (Machiavelli 91). In essence, Reagan accomplished all of these aforementioned goals during his presidency. His policy of a strong national defense worked to make people feel comfortable and unafraid of a Communist attack, and his policy of Reaganomics allowed people to become entrepreneurs without a fear of being taxed out of business. For all practical purposes, Reagan epitomized the values of a good leader as prescribed by Niccolo Machiavelli; he restored the power and the faith to the people while simultaneously ruling under the facade of being a decisive and fearful leader when handling foreign threats. In the end, it is apparent that Ronald Reagan accomplished a great deal during his administration. His most important accomplishments stem from restoring optimism in Americans, the unmitigated growth of economic prosperity, and bringing an end to the Cold War.
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Many of his political opponents still work to destroy the successes of his administration and they blame him for being too demanding and too dangerous.
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  • Spring '10
  • BUSH
  • History, Cold War, The Prince, President Ronald Reagan, reagan administration

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