Reaganomics To what extent was Reaganomics effective in stimulating the economy and solving the nation's problems? Include positive and negative effects.

1
ReaganomicsTo what extent was Reaganomics
effective in stimulating the economy and solving
the nation's problems? Include positive and
negative effects.

• Luke M. Swomley

2
Pro

• Reduced Inflation
• 25 tax reduction
• Interest Rates fell

3
Pro

• Unemployment decreased
• Less government spending

4
Pro

• Economy increased by 1/3
• Corporate tax cuts set precedent for later
  presidents
• Income raised by 18

5
Con

• Debt nearly tripled
• Bank Failure

6
Con

• Trade deficit quadrupled
• Trade barriers enacted which hurt economy
• No new legislation on health, safety, environment

7
Conclusion

• raised income
• Lowest 20 prospered not suffered
• middle class shouldered the majority of the tax
  burden