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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.
Major examples of what critics have called "trickle-down economics" in the US include the Reagan tax cuts, [5] the Bush tax cuts, [6] and the Trump tax cuts. [7] Major UK examples include Margaret Thatcher 's economic policies in the 1980s and Liz Truss 's mini-budget tax cuts of 2022 , [ 8 ] which was an attempt to revive such Thatcherite ...
Ronald Wilson Reagan [a] (February 6, 1911 – June 5, 2004) was an American politician and actor who served as the 40th president of the United States from 1981 to 1989. He was a member of the Republican Party and became an important figure in the American conservative movement.
That didn’t happen during the final two years of Reagan’s first term — in fact, it was quite the opposite. The U.S. economy grew by 4.6% in 1983 and another 7.2% in 1984.
He co-founded The Heritage Foundation, the Free Congress Foundation, and the American Legislative Exchange Council, and coined the term "moral majority," co-founding an organization of the same name in 1979 with Jerry Falwell. [5] He was also a Melkite Catholic deacon.
The Reagan era or the Age of Reagan is a periodization of recent American history used by historians and political observers to emphasize that the conservative "Reagan Revolution" led by President Ronald Reagan in domestic and foreign policy had a lasting impact. It overlaps with what political scientists call the Sixth Party System ...
Stockman's influence within the Reagan Administration was weakened after the Atlantic Monthly magazine published the infamous 18,246-word article, "The Education of David Stockman", [7] in its December 1981 issue, based on lengthy interviews Stockman gave to reporter William Greider. Reagan and Stockman in the Oval Office, 1981
In most cases, the names are "one-off" Latinized forms produced by adding the genitive endings -ii or -i for a man, -ae for a woman, or -orum in plural, to a family name, thereby creating a Latinized form. For example, a name such as Macrochelys temminckii notionally represents a latinization of the family name of Coenraad Jacob Temminck to ...