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What was "Reaganomics"? What were its achievements and shortcomings?Reagan's presidency was almost ended as soon as it began. In March, a would-be assassin shot the president as he departed a Washington hotel. Although critically wounded, Reagan recovered.As president, Reagan proved remarkably persuasive and successful in his dealings with Congress. He won passage of his controversial tax cuts, even though both the House of Representatives and the Senate had Democratic majorities. Reagan also won approval for increased military spending. By 1985, military spending had risen to $295 billion, double the 1980 amount. Within the first two years of his presidency, he had delivered on two of his three major promises. His administration also began reducing environmental protections and other laws and regulations that Reagan considered impediments to American prosperity.Initially, Reaganomics produced a recession (a slowdown of economic productivity) and an unemployment rate above 10 percent. Reagan's critics claimed that they had been right all along about the flaws in supply side theory. By 1983, however, the economy began growing, allowing Reagan to claim that he had been right all along about the wisdom of cutting taxes on wealthy Americans and corporations. The critics still had an at least two important arguments against Reaganomics. First, they argued that while some Americans achieved impressive prosperity in the 1980s, the gap between wealthy and poor Americans grew. Secondly, they charged that instead of balancing the federal budget, Reagan's combination of tax cuts and increased military spending drove the government deeper into debt.Reagan had honed his public speaking skills as a broadcaster, actor, corporate spokesman, and politician. He was known for his articulate, smooth style as a campaigner, and he was sometimes called the "Great Communicator". Americans also termed Reagan the "Teflon President" (a reference to cookware coated with a smooth plastic seal, to which food does not stick) because his popularity seemed not to suffer even when his policies were unsuccessful.
The counter-reform at Trent solidified Catholic belief for the next 400 years. In a short but well written essay explain why the reformers at Trent adopted this method of reform in
1) Which is an example of a president's maintain a consistent position before and after election to office? A) Jefferson's defense of the constitutionality of the Louisiana Purchas
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Why did slavery become deeply rooted in Chesapeake ad Southern colonies? What factors led to Africans becoming chattel slaves rather than indentured servants?
Of the following, which one best identifies the reason President Andrew Johnson was impeached? A. vetoing the Civil Rights Act of 1866 B. refusing to support the 13th Amenment C
What factors explain the popularity of Marxism among Latin American intellectuals in the 1900s?
Compare and contrast the nature of european-native american relations and conflicts in new france and new england in the seventeenth century?
All of the following were part of the Homestead Steel lockout except : a) the shooting of plant's manager b) a major gun battle between armed guards and strikers c) a failed attemp
I am having a hard time understanding what Thomas Paine meant or felt when he wrote Common sense in 1776
1. spain continued to allow americans to use the mississippi river after the revolution True or False 2. the new York city riots were caused by a. economic fears b. pent up ange
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