Reaganomics
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High Quality Content by WIKIPEDIA articles! Reaganomics refers to the economic policies promoted by the U.S. President Ronald Reagan during the 1980s. In his stated intention to increase on domestic spending while lowering taxes, Reagan's approach was a departure from his immediate predecessors. Reagan succeeded with lower marginal tax rates in conjunction with simplified income tax codes, and continued deregulation. Prior to the Reagan Administration, the United States experienced a decade of economic stagnation and inflation, known as stagflation. Political pressure favored stimulus resulting in an expansion of the money supply.…mehr

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High Quality Content by WIKIPEDIA articles! Reaganomics refers to the economic policies promoted by the U.S. President Ronald Reagan during the 1980s. In his stated intention to increase on domestic spending while lowering taxes, Reagan's approach was a departure from his immediate predecessors. Reagan succeeded with lower marginal tax rates in conjunction with simplified income tax codes, and continued deregulation. Prior to the Reagan Administration, the United States experienced a decade of economic stagnation and inflation, known as stagflation. Political pressure favored stimulus resulting in an expansion of the money supply.