Ronald Reagan's Cognitive Flexibility

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

Ronald Reagan was a child of the Great Depression who grew up with traditional family values. During his adulthood, Reagan supported Roosevelt, and in fact voted for him four times. Ronald Reagan can be compared to Franklin Roosevelt in many aspects beginning with the successes that each had as president. Both were conservatives who entered the presidential office hoping to make changes in policies and taxes, as well as changes in public attitude towards American progress, strength, and growth. Reagan entered office during the depression of the seventies and shortcomings of Jimmy Carter, much like Roosevelt rose out of the Great Depression and self-defeating endeavors of Herbert Hoover (Sloan, 2008). Prior to becoming recognized as great presidents, each would serve as governors

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

    During Reagan’s presidency he took economics seriously. He made efforts to lower Government spending as well as regulation, taxes, and prosperity. He would lower government expenditure because it would create room to decrease taxation. By decreasing income revenue it created more money for people to spend which would stimulate the economy. Reagan fought hard for helping out the economy.

Reagan was just elected president, but that did not mean he did not have a lot of work ahead of him. As soon as he got elected, he had to deal with the collapsing economy. In 1980, the rate of inflation reached 13.5 percent,

Throughout his farewell address, President Reagan showcased some wonderful improvements to our nation of freedom. He referred to two triumphs in his speech, economic recovery and morale. He had an underlining theme in this section of his speech. It was a theme of common sense, and we had seen these two great triumphs because of our common sense! In regards to the economy he said, "when you put a big tax on something, the people will produce less of it. So we cut the people 's tax rates, and the people produced more than ever before." Then he used a simile of a plant being cut back and growing back healthy to describe the economy. In regards to morale, he mentioned that peace could only become reality when we were seen as strong and powerful. The result of these two triumphs was not only a changed nation, but a changed world. Unfortunately, the increase in the pride of America from within and globally was fairly short lived as described by blogger Jennifer Mercieca, "Reagan succeeded in improving

Reagan revolution has developed over time and it continues to resonate today. Reagan inherited an economy that was ailing and characterized by high unemployment rate, budget deficits, and a small trade surplus. Reagan engaged in major tax cuts and also increased armament-spending factors that contributed to the turnaround of America’s economic situation. This turnaround significantly contributed to the current shape of the economy. However, Reagan’s economic policies of tax cuts, monetarism, retrenchment, and budget deficits have had several negative

Imagine, being the President of the United States of America, you are in charge of everything in the nation, being responsible for the well-being of your country. And imagine being on the verge of nuclear war with the Soviet Union and only having six minutes to decide whether or not civilization as we know it could continue. This is the type of stress Ronald Reagan was under almost every day of his eight year presidency.

Ronald Reagan is a different kind of conservative compared to the conservatives of the roaring twenties because he brought up the fact that the government had trouble balancing their budget and they were spending money they did not have to spend. And he also brought up that the reliance of policy elites to prescribe social solutions. He thought that the percentage of GDP that the government was taking from the economy was worrisome. Reagan did his best to fix government spending. During his presidency, the recession ended.

From 1981 to 1989, Ronald Reagan was a great leader for America. Least Importantly, Reagan campaigned very hard to become president. Reagan Worked hard and didn’t give up. During one of his debates, Reagan appeared tired and very confused. Many papers stated that Reagan was too old for presidency. Although the press used his age against him, he said, “I am not going to exploit for political purposes my opponents youth and inexperience” (Kent 72). One fact that gave Reagan an advantage was that he was going to deny Mondale’s pledge to raise tax to pay for new government programs. Furthermore, Reagan was good because he wanted to help the government and economy for the people. According to Kent, Reagan cut tax rates for the people by 25%.Throughout

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.

A brief recession in 1980, a short period of growth, were both followed by sustained recession in July of 1981 to November of 1982. In a may poll almost half of Americans said Reagans administrative economic policies would make all of their family financial problems better by 8%. 37% said that Reagans policies would make all of the family finances worse than they already had been. In September of 1982, a year later, the unemployment was at a rate of 10.1%. Americans were not pleased one bit with the state of the economy.

His significant strategy needs were expanding military spending, cutting charges, decreasing government spending, and confining elected controls. Reagan trusted that diminishing the part of the administration would prompt expanded monetary development, which thus would prompt higher incomes that would help pay down the national obligation. Working with Congressman Jack Kemp, the Reagan organization presented a noteworthy tax reduction charge that won the help of enough Republicans and moderate Democrats to pass the two places of Congress. In August 1981, Reagan marked the Economic Recovery Tax Act of 1981, which instituted a 27% no matter how you look at it government salary tax break more than three years, and additionally a different bill that lessened elected spending, particularly in hostile to destitution

In Reagan’s first term he grew the military by increasing weapons and troops exponentially (Ronald Reagan Biography). Reagan had tax cuts across the board to help fuel the economic boom. This plan now known as Reaganomics created over 16 million new jobs in America. Even though it created many jobs it is still debated whether or not it is a good plan that we should use in Government today. Reagan also created the Tax Reform Act of 1986. This act simplified the income tax code by getting rid of tax shelters, lowering the number of deductions, and tax brackets. When members of the federal air traffic controllers union (PATCO) went on strike, Reagan called it a “peril to national safety” (Top 10 Reagan Achievements | Human Events). He threatened