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Inflation and Interest
When Reagan entered 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 Dec. 1980)., Which was considered the nation's principal economic problems at the time.-Domestic- -
Reagans main policy
The foreign policy of the Ronald Reagan administration was the foreign policy of the United States from 1981 to 1989. It was characterized by a strategy of "peace through strength" followed by a warming of relations with the Soviet Union. -Foreign- -
Reaganomics
Reagan sought to stimulate the economy with large, across-the-board tax cuts ,the expansionary fiscal policies soon became known as "Reaganomics"-Domestic- -
Reagans policies
1.reduce marginal tax rates on income from labor and capital;
2.reduce regulation;
3.control the money supply to reduce inflation.
4.reduce the growth of government spending
(these were all of reagans policies also known as the 4 pillars)-Domestic- -
TV
During Reagans time in the office he gave a televised address from the Oval Office, outlining his plan for Tax Reduction Legislation to help those understand what he wanted to do
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All was for naught with communism
Reagan predicted that Communism would collapse: "I believe that communism is another sad, bizarre chapter in human history whose — last pages even now are being written."-Foreign- -
The Soviets in Reagan's mind
Reagan's militant rhetoric inspired dissidents in the Soviet Empire, but also startled allies and alarmed critics. In a famous address to the National Association of Evangelicals he called the Soviet Union an "evil empire" that would be consigned to the "ash heap of history." -
Allittle to get alot
As part of the policies that became known as the "Reagan Doctrine", the United States also offered financial and logistics support to the anti-communist opposition in central Europe and took an increasingly hard line against socialist and communist governments in Afghanistan, Angola, and Nicaragua.-Foreign- -
Cold War
One of Reagan's more controversial proposals was the Strategic Defense Initiative (SDI). Reagan believed this defense shield could make nuclear war impossible,( but the unlikelihood that the technology could ever work led opponents to dub SDI "Star Wars.").-Foreign- -
Effects of Reagens doing
Inflation was reduced by more than ten percentage points, reaching a low of 1.9% annual average inflation in 1986. (which led to many big companies spending more and the creationof more jobs).-Domestic-