Ronald Reagan Administration Research Paper
Between the end of World War II and through the end of the 1960’s American’s enjoyed a time that was full of material comfort due to the power of the American industry production. You could look at it like a foot race. On the line you have places like, Germany, Britain, France, Italy, Russia, and Japan, going against the United States. Halfway through the race every country gets shot in the leg except the U.S. We still have two good legs and so we take the lead by a long shot. We start to feel bad so we help the other countries make it to the finish line while they help us in other ways. This meaning we provide them with the goods they need but for a good chunk of change. Places like Europe and Japan start to recover from World War II and the
…show more content…
For eight years families existing in the low to middle socioeconomic structure were watching a “pick me-up” movie while their future was being hijacked. Ronald Reagan rode in the lead car at the parade with the elite 1% while occasionally throwing confetti to the average people on the street. His policies eventually guaranteed fortunes for wall street elite while insuring the moderation of the lesser stature and Americans approved of his economic plan by a ratio of two to one! A tribute to his projection of impermanence, an actor with great communication skills not a genius. As democratic speaker of the house, Tip O’ Neill saw, a president wholly unfit to hold the …show more content…
He always had a folksey analogy to placate the lesser socio-economic structure and convince them to believe in the great life just around the corner. His economic policy speeches, and spin, that always played to the masses. Reaganomics could be described in the humorous but possibly conceived in reality, parody. The economy is like a pie divided into three pieces. The first half goes for corporate interests, the second half goes national defense, and the third half of the pie goes for social programs and
For eight years families existing in the low to middle socioeconomic structure were watching a “pick me-up” movie while their future was being hijacked. Ronald Reagan rode in the lead car at the parade with the elite 1% while occasionally throwing confetti to the average people on the street. His policies eventually guaranteed fortunes for wall street elite while insuring the moderation of the lesser stature and Americans approved of his economic plan by a ratio of two to one! A tribute to his projection of impermanence, an actor with great communication skills not a genius. As democratic speaker of the house, Tip O’ Neill saw, a president wholly unfit to hold the …show more content…
He always had a folksey analogy to placate the lesser socio-economic structure and convince them to believe in the great life just around the corner. His economic policy speeches, and spin, that always played to the masses. Reaganomics could be described in the humorous but possibly conceived in reality, parody. The economy is like a pie divided into three pieces. The first half goes for corporate interests, the second half goes national defense, and the third half of the pie goes for social programs and