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The arguments over the economic policies of the Reagan Administration will continue until sufficient time has elapsed for a consensus to be possible. In the meantime, it is necessary for contemporary scholars to record their opinions as a base for the consensus. Campagna has recorded his conclusions based on considerable research on Reagan Administration policies. He begins by describing what was planned by the government. From there, he discusses what actually happened, and devotes the remainder of the work to his opinion of what has been left with which the future must deal. Campagna concludes that the Reagan economic policies failed. He establishes a position for others to attack or defend in their own publications in the continuing argument.
"A report of the Urban Institute's Changing Domestic Priorities Project"--Page ii."URI 34200"--T.p. verso. Includes bibliographical references.
In this concise yet thorough history of America in the 1980s, Doug Rossinow takes the full measure of Ronald Reagan's presidency and the ideology of Reaganism. Believers in libertarian economics and a muscular foreign policy, Reaganite conservatives in the 1980s achieved impressive success in their efforts to transform American government, politics, and society, ushering in the political and social system Americans inhabit today. Rossinow links current trends in economic inequality to the policies and social developments of the Reagan era. He reckons with the racial politics of Reaganism and its debt to the backlash generated by the civil rights movement, as well as Reaganism's entanglement with the politics of crime and the rise of mass incarceration. Rossinow narrates the conflicts that rocked U.S. foreign policy toward Central America, and he explains the role of the recession during the early 1980s in the decline of manufacturing and the growth of a service economy. From the widening gender gap to the triumph of yuppies and rap music, from Reagan's tax cuts and military buildup to the celebrity of Michael Jackson and Madonna, from the era's Wall Street scandals to the successes of Bill Gates and Sam Walton, from the first "war on terror" to the end of the Cold War and the brink of America's first war with Iraq, this history, lively and readable yet sober and unsparing, gives readers vital perspective on a decade that dramatically altered the American landscape.
When Ronald Reagan took office, he was facing an economic downturn similar to the one our country is currently experiencing. Key members of Reagan’s staff prepared an Initial Actions Project, which takes every branch of government, including Congress, into consideration, and offers a clear and concise blueprint of how Reagan’s economic policies were achieved. As a model for President Obama, who is dealing with the daunting demands of a nation in turmoil, the significance of this report has never been more timely. History proves that President Reagan’s policies led to economic growth; will President Obama overturn this invaluable legacy? Only time—and history—will tell. Featuring a special Introduction by Arthur B. Laffer, who also worked in the Reagan White House, President Ronald Reagan’s Initial Actions Project puts the IAP action plan in perspective and provides valuable insight into the most important economic issues of our time.
Ronald Reagans legacy as president is nearly unparalleled in American history due to his domestic and foreign policy leadership. Reagans contrarian insistence on advocating limited government and supply-side economics drew much bipartisan criticism, causing the Great Communicator to take his argument that lowering taxes would encourage economic growth directly to the people. The result? Congress granted $750 billion in tax cuts in 1981. The Reagan Revolution had begun. By mid-1983, the nations economy was booming. On President Reagans first day in office, the Iran Hostage Crisis finally came to an end. Fifty-two American embassy personnel held hostage by a defiant Iran during the last four hundred-plus days of the Carter administration were freeda definite win for all Americans. But Reagan soon was widely criticized for insulting Russias leaders by calling the Soviet Union the evil empire. Later, Reagan was criticized at home and abroad for challenging Soviet premier Gorbachev to tear down the Berlin Wall. Reagans most criticized proposal of all, however, was his insistence on developing his Strategic Defense Initiative (SDI)space weapons to defend America from incoming Soviet nuclear missiles. Domestic critics dismissed his proposal as a Star Wars fantasy (but the Soviets feared SDI). By December 1991, it was clear that Reagans Star Wars fantasy helped cause the bankruptcy and total collapse of the Soviet Union, bringing a peaceful end to the decades-long Cold War.
"Reagan and the Economy" is the most comprehensive, authoritative, and up-to-date critique of Reaganomics, the revolutionary economic and political program of the 1980s whose effects are only beginning to be felt. In accessible, non-technical language, Michael J. Boskin describes the Reagan economic program as it was conceived and as it evolved over the first six years of the Reagan presidency, showing its place in the changing world of economic thought. His aim is to dispel the myths about Reaganomics by taking a hard look at the actual data and evaluating the performance of the economy. Many of his findings run counter to conventional wisdom. Boskin's greatest contribution is his analysis of "supply-side" economics, the new school of economic thinking that produced several tax cuts during the Reagan Presidency. He analyzes the effects of these policies in light of the economic conditions and alternatives available at the time, and finds the supply-side tax cuts to be partially successful. These findings form a comprehensive and accurate review of Reaganomics. "Reagan and the Economy" is essential to understanding the political and economic choices the nation will face in the coming years. -- From publisher's description.