1. Reawakening The Giant
When Ronald Reagan entered office, the American economy was in a state of decline. Economists were doubting the American system of free enterprise, and some thought Russia's command economy was the answer. ... In 1981 the country entered "The Era of Reaganomics" and experienced the longest era of economic expansion in peace-time ever-for any country in the history of the world.2 This paper will show how the Reagan Administration's policies affected the economy of the 1980's. ... Edwin Meese said of Reagan and the tax cut, "I am certain the tax reduction program would no...
- Word Count: 3958
- Approx Pages: 16
- Has Bibliography
- Grade Level: High School