Ronald Reag A Beloved American President - 869 Words

Ronald Reagan was a beloved American president. However, he didn’t represent the prodigious archetype all citizens should follow. Reagan declared that the â€Å"government isn’t the solution to our problem† rather, â€Å"the government is the problem†. He decried that years of new deal-style tax- and- spend programs created a federal government that reminded him of a create who was all appetite at one end with no sense of responsibility on the other. In essence, he argues the government undermined one major sector of society. Under Johnson the welfare sector was booming. However, under Carter diplomacy was lacking as international crises got too out of hand for the dark-horse candidate to handle. Reagan pursued smaller government policies. He proposed a new federal budget that necessitated cuts of $35 billion, mostly on social programs like food stamps and federally funded job-training centers. Despite these cuts, increased military spending increased the national deficit. The second part of his economic program called for deep tax cuts amounting to 25% across-the-board reductions over a period of three years. His supply-side economics, though in theory made to aid all citizens by promising lower taxes that would increase government revenue because they would stimulate spending as a whole, didn’t aid all Americans. In fact, Reaganomics contributed to a greater disparity between the rich and the poor because the trickle-down effect only decreased taxes significantly for the rich and