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Ronald Regan increased spending on the military
Ronald Regan increased spending on the military
fiscal policies, like lower spending and higher taxes, that reduce economic growth
fiscal policies, like lower spending and higher taxes, that reduce economic growth
Low taxes and cutting government spending.
They increased defense spending and lowered taxes.
This policy varies per country, but it describes American conservativism and the Republican Party's (GOP) economic policies. An example would be the Mellon Economic Plan from the 1920s during the presidency of Calvin Coolidge.
Military Keynesianism is the position that the government should increase military spending in order to increase economic growth.
True
Yes. Government spending that is intended to stimulate growth in an economy and simultaneously lessen the suffering of individuals in times of economic crisis is known as "Keynesian" economic policy. Such policies are fiscal (as opposed to monetary) policies, and are also known as "expansionary" policies. The underlying tenet is that government spending can improve the economy by causing an increase in demand (a shift to the right on an economic supply and demand model).
increased military spending (novanet)
It Reduced military spending leaving the army and navy unprepared and weak