1. Reagan’s Domestic policies Montel, Kate, Karrington, Elisicia, Pascale

2. What do you already know about Ronald Reagan?

3. Ronald Reagan Biography born in 1911 in Tampico illinois went to Eureka College from 1928 to 1932 in college he played football and acted in drama productions He used to be a sports announcer after graduating He played the role of George Gipp in the film Knute Rockne, All American 1940 he married actress jane Wyman

4. Ronald Reagan Biography he served in the army and was discharged in 1945 his first marriage ended in 1949 and in 1952, he married Nancy Davis he was elected governor in california in 1966 in 1980 he won the president elections and became the oldest president with the age of 70 years. He served two terms. 1994 he declared that he had Alzheimer reagan died in 2004 in bel Air, California

5. Domestic policies actions and results ●Reagan began his presidency with four major goals; revitalize the stagnant economy, lower taxes, balance the budget, and reduce the size and scope of the federal government. ●Reagan proposed various economic measures later called Reaganomics ●One of Reagan’s theories include the supply-side economics

6. Supply-side economics During the campaign of 1980 Ronald Reagan promised to fix the economic mess He proposed a 30% tax cut in his first three years of presidency but that would be for the higher income levels That theory was called supply-side economics. The basic idea was to relief the rich from paying so many taxes that they could invest more money and create new jobs and they actually gave a 25% tax cut.

7. What are your thoughts to this image? What would the results be?

8. Results of the last picture

9. Keynesian policies Keynesian policies were created by John Maynard Keynes and said that as an economy slowed down the government could speed up the economy by putting in money which creates demand. Created to stop more great depression and recessions when or before they start. Reagan and his administration practiced Keynesian policies despite wanting to shrink the government.

10. Social security Social Security is an income security program, designed primarily to provide financial support for senior citizens. It began as part of the New Deal At the time of Reagan’s presidency, the Social Security System was becoming financially unsound which introduced “third rail” of US Politics

11. “third rail” The “Third Rail” is a metaphor used in politics when a topic is so charged with importance to a significant part of the electorate that an elected official addressing the topic is taking a huge political risk, possibly leading to being voted out of office. In 1983, a significant problem facing the United States during the Reagan years was the Social Security System and was becoming financially unsound and was known as the “third rail”.

12. Noneconomic Issues The noneconomic issues that Reagan had to face weren’t directly dealing with money. It was more of a social issue such as labor relations. Most labor unions had opposed his election for fear that Reagan as president would work to enable business owners and enfeeble unions. Early in his presidency, 12,000 member of PATCO, the air traffic controllers union took action illegally by going on strike. Reagan fired those on strike and filled in the positions with those who didn’t and sent a message that his administration would be less friendly and encouraged corporations to negotiate from a position of power.

13. Regulations Reagan felt that another way to reduce the government was to reduce regulations. He felt that the government too, should be less involved in how people lived and worked. Reagan managed to deregulate rules regarding corporate mergers, effectively lessening government anti-monopoly efforts.

14. Montreal Protocol is an international treaty designed to protect the ozone layer by phasing out the production of numerous substances that are responsible for ozone depletion. In Ronald Reagan’s second term a question about the environment came up he was sceptical about spending a lot of money on the environment with the respect to the ozone layer Ronald reagan became an environmentalist hero. The US became the prime mover behind the Montreal Protocol, which required the phasing out of ozone-depleting chemicals.

15. What do you say about his statement after you know what his Domestic Policies were?

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