The Legacy of Reaganomics PDF Download

Author: Charles R. Hulten
Publisher: The Urban Insitute
ISBN: 9780877663454
Category : Biography & Autobiography
Languages : en
Pages : 286

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Author: Anandi P. Sahu
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 306

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Book Description
The eight years of the Reagan administration have left an indelible imprint on U.S. economic policy. Although the term Reaganomics is employed by both the general public and academic economists, there is still no consensus as to what the overall impact of Reaganomics has been for the country. This work, a wide-ranging collection of essays and commentaries, analyzes the empirical evidence that comprises the Reagan economic legacy. By detailing that legacy's successes, such as low unemployment and economic growth, and its negative effects, including unprecedented deficits and regulatory chaos, the editors provide some tentative conclusions as to whether the Reagan years produced an economic miracle or paved the way for economic disaster. The volume concentrates on the first level of economic impacts, covering the issues of supply-side economics, the regulatory environment, monetary policy, and foreign trade. Under each topic, groups of essays and commentaries present alternative interpretations of the Reagan legacy. Tax policy and business fixed investment, the effects of supply-side policies on labor supply, tax reform and deregulation are addressed in the supply-side section; interest rates and monetary policy objectives and realizations comprise the monetary policy section; and trade policy, trade deficit, and exchange rates are discussed in the international trade section. A final essay offers an alternate view of the Reagan legacy that attempts to synthesize the divergent theories. This work will be an important new resource for courses in economics and political science, as well as a worthy addition to college, university, and public libraries.

Author: Will Bunch
Publisher: Simon and Schuster
ISBN: 9781416597728
Category : Political Science
Languages : en
Pages : 288

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In this provocative new book, award-winning political journalist Will Bunch unravels the story of how a right-wing cabal hijacked the mixed legacy of Ronald Reagan, a personally popular but hugely divisive 1980s president, and turned him into a bronze icon to revive their fading ideology. They succeeded to the point where all the GOP candidates for president in 2008 scurried to claim his mantle, no matter how preposterous the fit. With clear eyes and an ever-present wit, Bunch reveals the truth about the Ronald Reagan legacy, including the following: Despite the idolatry of the last fifteen years, Reagan's average popularity as president was only, well, average, lower than that of a half-dozen modern presidents. More important, while he was in office, a majority of Americans opposed most of his policies and by 1988 felt strongly that the nation was on the wrong track. Reagan's 1981 tax cut, weighted heavily toward the rich, did not cause the economic recovery of the 1980s. It was fueled instead by dropping oil prices, the normal business cycle, and the tight fiscal policies of the chairman of the Federal Reserve appointed by Jimmy Carter. Reagan's tax cut did, however, help usher in the deregulated modern era of CEO and Wall Street greed. Most historians agree that Reagan's waste-ridden military buildup didn't actually "win the Cold War." And Reagan mythmakers ignore his real contributions -- his willingness to talk to his Soviet adversaries, his genuine desire to eliminate nuclear weapons, and the surprising role of a "liberal" Hollywood-produced TV movie. George H. W. Bush's and Bill Clinton's rolling back of Reaganomics during the 1990s spurred a decade of peace and prosperity as well as the reactionary campaign to pump up the myth of Ronald Reagan and restore right-wing hegemony over Washington. This effort has led to war, bankrupt energy policies, and coming generations of debt. With masterful insight, Bunch exposes this dangerous effort to reshape America's future by rewriting its past. As the Obama administration charts its course, he argues, it should do so unencumbered by the dead weight of misplaced and unearned reverence.

Author: Charles F. Stone
Publisher: The Urban Insitute
ISBN: 9780877663720
Category : Business & Economics
Languages : en
Pages : 140

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Publisher:
ISBN:
Category :
Languages : en
Pages :

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During Reagan's first term he appointment Sandra Day O'Conner to the Supreme Court, the first woman to hold the position. He also instated his supply-side economic theories sometimes called "The Trickle Down Theory"

Author: Edward A. Downe
Publisher:
ISBN:
Category : Keynesian economics
Languages : en
Pages : 26

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Author: Simon Bolz
Publisher: GRIN Verlag
ISBN: 3638903710
Category : Political Science
Languages : en
Pages : 29

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Seminar paper from the year 2006 in the subject Politics - International Politics - Region: USA, grade: 1,0, New School for Social Research (Political Sience), course: Crises & Continuities in 20th Century American Political Development, 14 entries in the bibliography, language: English, abstract: This paper will focus on domestic policies introduced and tried to be introduced by the Reagan administration between 1980 and 1988, their success, and their consequences. The focus will be on taxation policies and retrenchment policies in government spending, particularly looking at the welfare state. First, the historical background and economic legacy of the 1960s and 1970s will be outlined in order to then analyze policies in the 1980s. A systematic three-step analysis will examine the goals, the actual measures, and the effects of policies within the fields of analysis. A concluding assessment will hopefully contribute to a clearer understanding of this important political era.

Author: Carl Lowe
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 196

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Examining the theoretical underpinning of Reaganomics and the New Federalism, the first section looks at the history of its implementations during President Reagan's first two years in office, focusing on how Reagan's economic theories adapted to the political realities. Section II describes the ways in which Reagan has come into conflict with Federal regulations and the Federal payroll. Section III deals with the effects of the new policies on different socio-economic groups. The last section discusses the future of Reaganomics.

Author: Frank Ackerman
Publisher: South End Press
ISBN: 9780896081413
Category : Business & Economics
Languages : en
Pages : 188

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The best guide yet to the practical aims and consequences of Reaganomics.--Philadelphia Enquirer

Author: Stefano di Lorenzo
Publisher: Independently Published
ISBN: 9781973163299
Category :
Languages : en
Pages : 103

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Many years have passed but even among the most informed of us there is very little agreement about the accomplishments and failures of Ronald Reagan's economic policies. Politicians, commentators and common voters alike have been arguing about their efficacy and their legacy ever since the inception. The controversy often seems to reflect people's political and ideological stands, rather than a sober analysis of the facts. People on the left of the political spectrum are persuaded that Reagan's economic policies ended up shamelessly favoring the haves versus the have-nots, while "Reaganomics" and "supply-side economics" became bywords for "trickle-down economics", giving more to the rich, cutting welfare for the poor and leaving them to their own devices. Moreover, in this view, Reagan contributed to a large dismantling of the American industrial base, leaving many jobless and hitting hard on blue collar workers and the middle class. This aspect in particular received renewed attention during Donald Trump's successful presidential campaign: interestingly, now it was a "right wing" President who was favouring blue collar jobs, while liberals appeared to have lost any interest whatsoever in working class jobs and increasingly regarded them as outdated and unworthy of the XXI century. For people on the right, Reagan has achieved almost a cult status, more than any other President in living memory. These Republicans argue that Reagan's supply-side revolution revitalized the American economy after a lost decade in the seventies, putting the country back on the path to growth, making fiscal policy more business friendly and reducing the menacing power of the government to affect people's economic decisions. But Reagan was many things to many different people.