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Reagan's economic policies made the economy soar. Inflation and unemployment went down and the GDP went up. He recasted traditional American conservatism. He was a great public figure for the people to look up to. He laid the basis for modern day conservatism. "Government is not the solution to our problem," Reagan declared in his first inaugural address. "Government is the problem."9 This was merely the first and most famous of the many Reaganite assertions that have since become widely shared American assumptions about how the world works: Government is the problem. The free market solves problems better than politicians can. Lower taxes create economic growth. Welfare perpetuates poverty. Peace is only attainable through military strength. America is always a force for good in the world, its enemies an "Evil Empire." These are the core assumptions of the Reagan Revolution; these are the core assumptions that continue to shape our world.

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10y ago
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14y ago

Re-unification of Germany and the fall of the Soviet Union.

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Q: What was the after effect of the Reagan doctrine?
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