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To answer in a word, Deregulation. Reagan deregulated Savings and Loans enabling their managers to make billions of dollars. He ushered in the era of removing oversight of our entire financial system so that unshackled traders could derive hundreds of billions of dollars profit. He showed that an unregulated market will efficiently find ways to milk the system.

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15y ago
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6mo ago

The Ronald Reagan Administration implemented several positive changes. These include tax cuts to stimulate economic growth, deregulation to decrease government intervention in the economy, and a strong focus on national defense and foreign policy that contributed to the end of the Cold War. Reagan's policies also led to a decrease in inflation and unemployment rates.

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Q: What positive changes did the Ronald Reagan Administration make?
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