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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.
Uploaded a work by President Ronald Reagan and various United States Government employees from National Archives - Ronald Reagan Library with UploadWizard File usage No pages on the English Wikipedia use this file (pages on other projects are not listed).
Listed below are executive orders numbered 12287-12667, signed by United States President Ronald Reagan (1981–1989). He signed 381 executive orders. [9] His executive orders are also listed on Wikisource, along with his presidential proclamations, national security decision directives and national security study directives. Signature of ...
President Ronald Reagan issued Executive Order 12608 on September 9, 1987 as part of a general clean-up of executive orders. One part of E.O. 12608 specifically revoked the section (paragraph 1(j)) that were added to E.O. 10289 by Executive Order 11110.
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 ...
Kyvig, David. ed. Reagan and the World (1990), scholarly essays on foreign policy; Levy, Peter B. Encyclopedia of the Reagan-Bush Years (1996), short articles; Martin, Bradford. The Other Eighties: A Secret History of America in the Age of Reagan (Hill & Wang; 2011) 242 pages; emphasis on efforts by the political left; Meacham, Jon.
Reagan understood free trade as including the use of tariffs to protect American jobs and industry against foreign competition. He imposed a temporary 100% tariff on Japanese electronics as well as other tariffs on a variety of industrial products, which resulted in some free market advocates criticizing his policies as protectionist in practice.