Ronald Reagan s Accomplishments And Accomplishments

AA35 Dr. Reese English 102 October 13, 2017 Ronald Reagan Era From Hollywood to the White House, Ronald Reagan has always been a public favorite, especially among presidential history. Many people view him as an iconic political figure, who made bold decisions as part of his leadership. Reagan has been credited with numerous feats and failures, such as, reducing the poverty rate by cutting taxes and increasing defense spending, negotiating a nuclear arms reduction agreement with the Soviets to bring a quicker end to the Cold War, and by delivering weapons to terrorists. However, behind his Hollywood smile, and his ravishing ways, many people oppose the opinion of Reagan’s bold leadership decisions. Reagan was a very prominent and bold†¦show more content†¦By the end of 1984, poverty line earnings escalated to a staggering $10,609. Reagan had indeed accomplished his goal and ultimately helped benefit the United States of America economically. Although many people have a very positive outlook and perspective on Ronald Reagan’s bold motives, he was a risk-taker and many people disagreed with his plan of actions. Despite lowering the poverty rates, the Reagan Administration set records for budget deficits. After scrutinizing President Carter for acquiring a $50 billion deficit, Reagan’s personal deficits exceeded $200 billion. He quadrupled the national debt in only a matter of eight years. Even though many Republicans blamed Congress for the deficits, all eight of the budgets Congress passed had less spending and smaller deficits than the budgets proposed by Reagan. James Tobin had this to say about Reagan’s leadership: â€Å"The awful truth is that Reaganomics was a fraud from the beginning. The moral of it’s failures and of it’s legacies is that a nation pays a heavy price when it entrusts its government and economy to simplistic ideologues—however smooth their performances on t elevision. (James Tobin, 1988, pg. 103) Despite bringing poverty rates down, Reagan managed to increase the nation’s deficit by an all-time. Opposed to his bold decision-making, his standards of taking risks counteracted his main objective of decreasing the nation’s poverty. Reagan’s boldShow MoreRelatedRonald Reagan s Accomplishments And Accomplishments1514 Words   |  7 PagesAA35 Dr. Reese English 102 30 October 2017 Ronald Reagan Era From Hollywood to the White House, Ronald Reagan has always been a public favorite, especially among presidential history. Many people view him as an iconic political figure, who made bold decisions as part of his leadership. 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