A+Reagan+Primer

 =Ronald Reagan Presidency=

= = ==Overview ==


Ronald Reagan was the 40th president of the United States. He was born on February 6, 1911, to Nelle and John Reagan in Tampico, Illinois. In college he studied economics and sociology. After college he became a sports announcer and soon became a film actor casting in 53 films. In 1966 he was elected Governor of California and re-elected in 1970. Reagan won the presidential election in 1980 with Busch as his vice president. He had many great accomplishments during his presidency, but his economic policy was his greatest.



Central Issue
 Before Reagan took office, America was experiencing its lowest  economic times since the Depression. Immediately taking office, he laid out his plan to help the economy. Within 69 days in office, he dodged a near -fatal assassination attempt. After his recovery, his popularity grew drastically. His overall plan was to cut taxes for the middle income taxpayers, control and decrease government spending, and to get out of the way of the free market economy and let it prosper on its own. In 1981, he established the Economic Income Tax Act which decreased individual income tax and created incentives for small business and savings. His views of economics grew so popular that foreign counties sought his ideas; his theory was known as Reaganomics. ==== 


Over Ronald Reagan’s eight years in office he created 20 million new jobs. Inflation rates dropped from 13.5% to 4.1%. Unemployment dropped from 7.6% to 5.5%. Some other things he did were to try to reduce crime, help fight HIV/AIDS, and increase the military budget. He also reduced tensions between Russia by having multiple summits with its leader. Ronald Reagan died June 5, 2004. 