American History question (Reaganomics)
Were the effects of Reagan’s economic policies positive or negative? Explain your answer using specific examples to support your points.
looking for an answer in about 125 or so words
Back in the year 1981 President Reagan signed a legislation that would define the vision he had for the US economy. This time saw the introduction of the Economic Recovery Tax Act which was also being referred to as the Kemp-Roth Bill. This bill entailed tax cuts for many individuals and companies and from that time the government’s involvement in the economy and markets got minimized. The tax cuts displayed positive…