The Cold War was a potential nuclear war fought between the Soviet Union and the United States. The president, when asked about the Soviet Union in interviews would refer to them as the “evil …show more content…
president in more than 50 years. Reagan’s philosophy was "Government is not the solution to our problem, government is the problem." (pg.1). When Raegan became president he inherited a double-digit inflation. In order to combat recession, Reagan aggressively cut income taxes from 70% to 28% for the top income tax rate, and from 48% to 34% for the corporate tax rate (pg.1). Reaganomics was introduced in which Reagan based his policies on the theory of supply side economics, which states that tax cuts encourage economic expansion enough to eventually broaden the tax base. In time, the increased revenue from a stronger economy offsets the initial revenue loss from the tax cuts. Reagan 's tax cuts worked because tax rates were so high in the early '80s that they were in the "Prohibitive Range," according to the Laffer Curve (Journal pg.1). Reagan was able to eliminate most of the Nixon-era price controls. Reagan removed controls on oil and gas, cable television and long-distance phone service, as well as interstate bus service and ocean shipping (pg.1). Raegan also expanded Medicare, and increased the payroll tax to insure the financial condition of Social …show more content…
At the heart of Reagan 's foreign policy was the prevention of communist expansion. When Ronald Reagan became president, he had a clear vision of what the nation should be and spelled out the direction he hoped it would take during his time as President. Reagan had a clear social, economic, and foreign policy agenda, and with political guile and personal persuasiveness he was able to achieve many of his goals. Ronald Reagan was a very good President. He believed in America and its citizens. Reagan stood his ground with Russia and demanded the end of the Berlin Wall. He did not cave in to the complaints by citizens that wanted more government assistance to take care of them, and think for them. He had values and lived by them. He loved his wife very much and was a good role model for all. America was strong and stood tall when he was President. In conclusion, President Ronald Reagan was one of the greatest presidents to have led this country. Though he is highly underrated, his actions and accomplishments as president show Americans that no president can compare nor surpass him. He survived an assassination attempt, took a hard line against labor unions, announced a new War on Drugs, and did many more outstanding things for