President+Regan's+Goal+and+Administration+Renfroe

Reaganomics:
 *  Also known as "Supply-side Economics"
 * Reaganomics was the most serious attempt to change the course of U.S. economic policy of any administration since the New Deal.
 * Program for Economic recovery had 4 main goals:
 * reduce the growth of government spending
 * reduce the marginal tax rates on income from both labor and capital[[image:Ronald_Reagan.jpg width="266" height="200" align="right"]]
 * reduce regulation
 * reduce inflation by controlling the growth of the money supply
 * Goals of the major policy changes:
 * increase saving and investment
 * increase economic growth
 * balance the budget
 * restore healthy financial markets
 * reduce inflation and interest rates
 * Most of the effects of these policies were favorable even though not exactly what the administration predicted and hoped.
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(255, 71, 0);">Other economic conditions improved along with these policies:
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(255, 71, 0);">unemployment rate decreased
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(255, 71, 0);">inflation rate decreased
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(255, 71, 0);">rate of new business formation increased
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(255, 71, 0);">Largest achievements of Reaganomics:
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(255, 71, 0);">sharp reduction in marginal taxes and inflation

<span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 150%; color: rgb(0, 128, 0);"> New Rights: <span style="color: rgb(0, 0, 255); font-family: 'Trebuchet MS'; font-size: 17px; line-height: 25px;"> <span style="color: rgb(128, 0, 128); font-size: 20px; line-height: 29px;">Iran Hostage Crisis:
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(0, 0, 255);">Reassembling the Republican party in the South
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(0, 0, 255);">Evangelical Protestantism
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(0, 0, 255);">Rev. Pat Robertson
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(0, 0, 255);">Moral Majority:
 * <span style="color: rgb(0, 0, 255); font-family: 'Trebuchet MS'; font-size: 17px; line-height: 25px;">Government should have a say in what people should and should not think is morally correct
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(0, 0, 255);">anti-homosexuality
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(0, 0, 255);">anti-abortion
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(0, 0, 255);">anti-gay
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(0, 0, 255);">Neoconservatism
 * <span style="font-family: 'Trebuchet MS', Helvetica, sans-serif; font-size: 130%; color: rgb(0, 0, 255);">wanted the United States government to be more focused on itself instead of foreign affairs
 * <span style="font-size: 130%; font-family: 'Trebuchet MS', Helvetica, sans-serif; color: rgb(0, 0, 255);">wanted lower taxes and lower government spending
 * <span style="color: rgb(0, 0, 255); font-family: 'Trebuchet MS'; font-size: 17px; line-height: 25px;">agreed with Reaganomics
 * <span style="font-size: 150%; color: rgb(255, 71, 0); font-family: 'Trebuchet MS', Helvetica, sans-serif;">crisis between Iran and the United States
 * <span style="color: rgb(255, 71, 0); font-family: 'Trebuchet MS'; font-size: 20px; line-height: 29px;">66 Americans were held hostage for 444 days (Nov 4, 1979 - Jan 20, 1981)
 * <span style="color: rgb(255, 71, 0); font-family: 'Trebuchet MS'; font-size: 20px; line-height: 29px;">Islamic military men took over the U.S. embassy in search of support for the Iranian Revolution

Works Cited:

http://www.jimmycarterlibrary.org/documents/hostages.html

http://www.andrew.cmu.edu/course/79-204/Reagan.html

http://www.econlib.org/library/Enc1/Reaganomics.html

http://www.lewrockwell.com/north/north180.html

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