Ronald Reagan Vs Woodrow Wilson Essay

Reaganomics was economics policies which were propelled by United States President, Ronald Reagan during 1980s. These policies were based on fours pillars namely; reduction of the growth of government spending, reduction of income and capital gains marginal tax rates, reduction of government regulation of economy, and controlling of the money in supply so as to reduce inflation. Their basic aims were to lower taxes and create a leaner government. According to Reagan his decision was informed on stimulation of the economy taxes, financed by borrowing. Lowering taxes was aimed at reviving the economy, which in turn would see the increased tax revenues being used to offset the debts incurred (Niskanen

Ronald Reagan, President of the United States from 1981 through 1989, created economic policies throughout his presidency that aimed to pull the United States out of a recession. His policies, called Reaganomics, reduced government spending and reduced tax rates in order to foster economic growth. Reagan also appointed many conservative judges to the Supreme Court and federal courts in order to shift ideologies to the right. Because of this, Reagan was both underrated and overrated as a president.

Reagan really focused on improving the economy during his presidency, with a plan he called Reaganomics, or supply side economics. The main parts of this plan were cuts on taxes and budgets, and monetary policy. Also, he wanted to reduce government regulation on businesses. He thought that these and increasing defense expenditures would heighten economic efficiency. Reagan managed to cut taxes by twenty five percent in three years. However, the plans did not work out at first, causing a recession that some call “The Great Inflation.” The national debt heightened substantially, and the rate of unemployment reached up to eleven percent. Despite these negative outcomes, the economy experienced a sudden growth and prosperity in 1983, which was

Conte & Karr (2001) report the economic growth of the 1980’s in the United States sees President Regan cutting taxes and slashing social programs. President Reagan also

While Reagan was in office the economy grew, inflation lessened, employment increased, and national defense was strengthened. He helped the economy by cutting taxes and government expenses. In 1984, Reagan won a second term due to his brilliance in his first. At the end of his presidency the nation had the longest period of peacetime prosperity without recession or depression.

For the audience he gives them examples of how government interference hurts Americans and also allusions to past times such as the revolution and how the founding fathers did not want a big government. He shares that he has “an uncomfortable feeling that this prosperity isn’t something on which we base our hopes the future.” Reagan’s ability to connect with his audience was rare and unlike many of his colleagues. Whether the topics he spoke on were always relevant to that of the listener, it did not always matter.

Before Ronald Reagan became president, there was a lot of hostility between the federal government and working labor (Foner 831). In Reagan’s inauguration address, he states, “We are a nation that has a government – not the other way around. And this makes us special among the nations of the Earth. Our government has no power expect that granted it by the people. It is time to check and reverse the growth of government, which shows signs of having grown beyond the consent of the governed.” He also clears up any misunderstandings by saying, “It’s not my intention to do away with government. It is rather to make it work with us, not over us; but by our side, not ride on our backs. Government can and must provide opportunity, not smother it;

Ronald Regan was the president of the United States in the 1980s before John Hinckley shot him dead to impress actor Jodie Foster. He made some domestic and foreign policies that were successful and others were a major failure in his reign. One of the major policies that were a success during his tenure was the tax cuts of the 1981. He signed this Act on August, which were a major reduction in the domestic expenditure, as well as the Economic Recovery Act of 19981. The Act was designed to reduce the domestic expenditure amounting to 3 billion. He wrote a letter to the Speaker of the House to propose the supplemental appropriations as well as the amendments on 10 March that year.

When Ronald Reagan became the president of the United States in 1980, he took on the worst economic mess since the Great Depression. The United States was involved with the Cold War with the Soviet Union, mortgage rates were two and a half times that of the amount in 1960 (15.4%), seven million Americans were unemployed, the national debt was $934 billion dollars, and tax rates skyrocketed as high as seventy percent (Reagan, “The State of the Nation’s Economy” 290). Reagan’s predecessor Jimmy Carter planned to fix this dreadful economy of the 1970s with a tax increase of fifty billion dollars, whereas Reagan knew that the best way to fix the economy was with tax decreases. Under the Reaganomics program, “tax rates were to be cut by thirty percent. Tax revenues were to be reduced by forty-four billion dollars in 1982 and eventually result in a $500 billion reduction over the next five years. Never before in the history of the nation had a president proposed reducing taxes by so much for such a long period of time” (Wilson 25). Reagan’s tax cuts involved a greater decrease for the wealthy, but everyone else also received massive tax relief. Reagan’s idea was that when the

What does it take to stand up against politicians? To fight for what you believe in and what you think would benefit the United States of America? It takes courage. Ronald Reagan has that courage, not only did he stay true to his beliefs and ideas, he accomplished them within his presidency. He believed people should be less dependent on their government. Reagan asked citizens to "Begin an era of national renewal" during his inaugural address. He also declared, "Government is not the solution to our problem, government is the problem." These were not popular ideas among some politicians, but that did not sway the USA's fortieth president.

Reagan implemented policies based on supply-side economics and advocated a classical liberal and laissez-faire philosophy, seeking to stimulate the economy with large, across-the-board tax cuts. Reagan’s outlook on economics was what he and the public called “Reaganomics”. “The blueprint for “Reaganomics,” was a sketched out supply-side approach to the economic, including massive cuts in income taxes, capital gains taxes, and corporate taxes,”(340). His platform advocated reducing tax rates to spur economic growth, controlling the money supply to reduce inflation, deregulation of the economy, and reducing government spending. Reagan's policies proposed that economic growth would occur when marginal tax rates were low enough to spur investment, which would then lead to increased economic growth, higher employment, and wages. Reagan’s beliefs on cutting taxes were supported by ideas of William Sumner who believed that the best equipped to win the struggle for existence was the American businessman, and concluded that taxes and regulations serve as dangers to his survival. Reagan believed strong nations were composed of people who were successful at expanding their empires and these strong nations would survive in the struggle for dominance.

Woodrow Wilson and Theodore Roosevelt were two of America’s great presidents. This is why I feel that both men were equally important in what they did and said they would do. Both in their own ways have added a little of what makes this country what it is today. Both had their own beliefs of how reform, empowerment of the people and foreign policy should be accomplished. As president, the main goal was to do what they felt best for the American people. In doing so, how different could they really be?

A third similarity between these two fine presidents would be their terrific speaking ability. Both men were absolutely terrific orators. They were passionate about the issues and got involved in all affairs. They were speakers who could motivate a crowd, everybody listened when Teddy or Woodrow spoke. Some presidents are the type to not really care all that much. And just have people write out speeches for them, but T.R. and Woodrow really cared about what they were saying. Both men had a special quality about them that was brought out in the way they presented themselves and spoke. It was easy for the average American to relate to these men.

As President, Ronald Reagan encountered many significant events; from surviving an assassination attempt, to the space shuttle Challenger disaster. Perhaps the most significant event was the economic downturn. He came to office (much like President Obama) in the midst of an economic crisis; however, President Reagan was able to turn the economy around. How did he do this? In order to answer this question, you must first ask what the economy was like when he was sworn into office, how his policy changed from the prior administration’s policy, and how it contrasts our present economic policy.

Reagan, during his administration fought to decrease the far-reaching policies of the federal government. He increased defense spending, social security payments and tax cuts, causing less money to be spent on grant-in-aid programs. The trend set by Reagan has been carried on throughout the more recent administrations. The role of the state and