09-15-24 RSO News PM

What Reagan Brought to the Table...

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Quote to Live By

"Where does it all lead? What will become of us? These were our young questions, and young answers were revealed. It leads to each other. We become ourselves."

– Patti Smith, Just Kids

Forget Bidenomics, We Miss Reaganomics

Reagan was highly popular throughout most of his presidency, even after setbacks like the Iran-Contra affair. His ability to communicate with the public, using humor and optimism, helped maintain his appeal. By the end of his second term, his approval ratings were high, and he left office with a positive public perception.

Reagan's economic policies, often referred to as "Reaganomics," were based on supply-side economics. His administration focused on reducing taxes, government spending (except defense), and regulations while promoting free markets and privatization. This included the Economic Recovery Tax Act of 1981, which significantly lowered income taxes. Supporters argue that his policies spurred economic growth, reduced inflation, and helped create millions of jobs during the 1980s, though critics note that income inequality also rose.

Additionally, Reagan is often credited with restoring a sense of national pride and optimism after a difficult period in U.S. history, which included the Vietnam War, Watergate, and the economic stagnation of the 1970s. His communication skills earned him the nickname "The Great Communicator," as he was able to inspire and connect with many Americans through his speeches and public demeanor.

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