Search results
Results from the WOW.Com Content Network
Milton Friedman, the monetarist economist who was an intellectual architect of free-market policies, was a primary influence on Reagan. [4] When Reagan took office, the country faced the highest rate of inflation since 1947 (average annual rate of 13.5% in 1980), and interest rates as high as 13% (the Fed funds rate in December 1980).
Reagan gives a televised address from the Oval Office, outlining his plan for tax reductions in July 1981.. Reaganomics (/ r eɪ ɡ ə ˈ n ɒ m ɪ k s / ⓘ; a portmanteau of Reagan and economics attributed to Paul Harvey), [1] or Reaganism, were the neoliberal [2] [3] [4] economic policies promoted by U.S. President Ronald Reagan during the 1980s.
Reagan was more controversial during his time than he is today, he explained, because some policies like aggressive tax cuts and military spending made people uneasy. Over time, assessments of his ...
Presidential Task Force on the Arts and Humanities September 30, 1981 40 12326: Central Intelligence Agency Retirement and Disability System September 30, 1981 41 12327: Exemption for Fort Allen October 1, 1981 42 12328: Federal employees contracting or trading with Indians October 8, 1981 43 12329: President's Task Force on Private Sector ...
As previously reported by GOBankingRates, Bidenomics has generally outperformed Reaganomics in terms of GDP growth and unemployment (so far), while Reaganomics holds the edge in terms of inflation ...
British Prime Minister Margaret Thatcher allowed the US Air Force to use Britain's air bases to launch the attack, on the justification that the UK was supporting America's right to self-defense under Article 51 of the United Nations Charter. Reagan told a national audience, "When our citizens are attacked or abused anywhere in the world on the ...
Reagan's former budget director, championed Reagan's tax cuts at first, but only a few years later sided with liberal critics that "supply-side economics" is "trickle-down" [43] [44] Political opponents of the Reagan administration soon seized on this language to brand the administration as caring only about the wealthy.
Use the editor menu to change your font, font color, add hyperlinks, images and more. 1. Launch AOL Desktop Gold. 2. Sign on with your username and password. 3. Click the Write icon at the top of the window. 4. Click a button or its drop-down arrow (from left to right): • Select a font. • Change font size. • Bold font. • Italicize font.