Reaganomics and Its Effect on Minority Groups

1519 Words Nov 14th, 2014 7 Pages
The most noteworthy component of Ronald Reagan’s two terms as leader of the free world are the laws, regulations, and policies passed under his two terms as President of the United States. These regulations soon became known as “Reaganomics”, a term that is still used today to describe these policies. Hidden underneath the manufactured depiction of Reaganomics policies by mass media lies a controversial observation: these policies may have created a permanent shift in American society which, as a result, disenfranchised minorities since they went into effect over thirty years ago. This particular idea or theory is exceptionally contradictory and has been distorted by not only various media outlets but by subsequent pro-Reaganomics …show more content…
The income received by the top 5% of highest incomes increased by 5%. This also increased the income wage gap between races (primarily white and black) and the wage gap between social classes (middle class and wealthy) as the number of Americans below the poverty line increased by more than 2 million. Despite its successes on the American economical structure and more significantly, its benefits for the rich, Reaganomics jeopardized the welfare of Americans of the lower class as Reagan’s administration cut 60% of funding towards social programs that primarily assisted mothers, children, and minorities like Social Security, Medicaid, Food Stamps, and federal education programs. The administration also proved to be detrimental to the citizens in the urban area with budget cuts to federal legal services for the poor as well as decreased funding for public transportation and the eliminated anti-poverty programs such as the Community Development Block program. When Reagan first came into office, city budgets used over 20 percent of federal funding but towards 1988, it decreased to 6 percent. The results of these cuts were so destructive that many inner city schools, public libraries, hospital/clinics, police and fire departments were forced to close down indefinitely.
With thirty percent of African Americans below the poverty line, these spending cuts sparked the onset of several implications for African American family life, such as the halving of the housing and
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