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The Reagan administration used the fiscal policy known as supply-side or "trickle-down" economics, which aimed to increase economic activities by increasing capital. To that end, tax cuts were made to the higher income brackets, and the capital gains tax was reduced. The plan was to collect more taxes through the increased production generated from capital investments.

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13y ago
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14y ago

The factors that led to Ronald Reagan's victory in 1980 were that he was an actor, long experience in the public eye, and because he was an effective candidate.

The conservation revolution of the early 1980s was caused because individuals needed more freedom from the heavy hand of Washington D.C.

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16y ago

Reagan followed the 1970s.

Nixon -Republican- was widely regarded as a conservative, but by today's standards he was a raving liberal. For example, Nixon dramatically improved relations with the Communist powers of Russia, ended the draft (my year) and instituted "title 9" which requires gender equality in College Sports.

Nixon resigned in disgrace over hiding some knowledge he had of the Watergate break-in (Nixon's first Vice President, Spiro Agnew, resigned in disgrace; he had taken 'bribes' as Governor of Maryland, his second, Nelson Rockefeller a former Governor of New York, died) and his third Vice President, Gerry Ford, former speaker of the house, succeeded him as President .

Ford - Rebublican - was immediately hit by the OPEC Oil Embargo and unwisely pardoned Nixon to refocus the nation on the crushing economic issue at hand. The economy went bad and there were hard feelings about letting Nixon off, and he was defeated by Jimmy Carter, former Governor of Georgia in the 1976 election.

Carter was religious, but ineffective as President. We had just suffered the resignation of a President, the loss of the Vietnam war, which we should never have been involved in (Kennedy and Johnson), gross inflation because of Vietnam and the worst economic disaster imaginable. (America has a few cultures, but the main one is the "North American Car Culture" wherein we identify ourselves culturally primarily through our automobiles and now we were waiting in lines to buy gas that wasn't there).

Carter wanted to be fair in international relations, but as a result, almost everything he touched went bad. He did sign the Camp David accords, but then there was the Iranian hostage crisis, where hundreds of Americans were held hostage for 400 days.

America was depressed. Not in the least due to Carter's unintended insinuation that America (the US) was not living up to its promise and that it was due to our weakness.

Reagan, former actor, divorced and former Governor of California succeeded Carter.

Reagan was a great communicator and great charismatic, and he took Carter's religious issue and turned it into a mainstream ideal. He won by converting the Conservative Southern Democrats to the Republican party. The hostages in Iran were released while Reagan made his inaugural speech and his Secretary of the Treasury, Don Regan converted US economic policy from fiscal (how much the Government spends) to monetary (how much money and money-like instruments are in circulation). Fiscal policy was like herding cats; Congress had to concur, and these two items, more than anything else, made the changes that answer your question:

Reagan played conservative but was unable to do much. The main conservative causes were Conservative causes were allowing religion back into schools and banning abortion, and neither of these were advanced until our current President, George W. Bush.

Reagan's style, his enthusiastic belief in America, his willingness to go 'all out' if America was threatened (read about the Panama Canal "It's ours, we built it and we're going to keep it" despite that we rented it from another sovereign country) and his policy of tough love with the Soviets made us feel good and led to the fall of Communism and the break-up of the Soviet Union.

Reagan's economic policies, monetary targets, softened the business cycle (growth and recession) and has led to very low unemployment even today.

Reagan was a great President. So was Clinton, Nixon and the our current President for sheparding us through the tech burst and the aftermath of 9/11. (President Bush is to blame for the mess in Iraq, but I think that history will show that no one else could have done better with Katrina; 90 thousand square miles of populated area was destroyed).

Of all Presidents since Kennedy, I think Reagan inherited the worst mess and gave his successor the best situation. Before Reagan, I voted for whoever had the best experience solving problems so that the future would be taken care of. I grew up watching America squander the great power we had inherited from World War two, and I wanted future thinking leaders.

After Reagan, I vote for charismatic leaders who have a history of hiring good advisers and listening to them. Its because I believe that the ability to convince and inspire confidence leads to the stability that allows long-term improvements.

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14y ago

the move toward using money

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Q: What factors led to the rise of the conservative movement and the election of Ronald Reagan to the presidency?
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