Obama has increased the national debt more than any president ever by quite a bit. That pretty much implies increasing the "deficit" more than any president ever, also.
Reagan may have been worse on a percentage basis; if I recall properly, the national debt approximately doubled during his tenure, and Obama has "only" increased it by about 1.5x. Of course, he's done it in only one term; if he get elected again, he's well on track to beat Reagan by the time he's done, and in terms of the actual dollar amount, he's already far ahead of Reagan.
Reaganomics was the name given to Reagan's idea that revenue would be increased if taxes were lowered so that people had more more to spend, thus stimulating the economy.
Ronald Reagan was known to be very fond of jelly bean and jellybelly was his favorite brand, Blueberry flavored jellybellys were created for his inauguration.Over a ton (2000 lbs) were consumed during these festivities! For more info, go to the related link.
False - Because Americans buy so much abroad the us experienced and eever increasing trade deficit. In other words it consistently spent more on foreign imports than it earned by selling exports. This imbalance increased five fold between 1980 -1990
You need to answer this prompt. We don't know what passage you were given and we don't do homework. Your teacher is looking for your critical thinking skills and how well you understood the lesson.
Barrak Hussein Obama has added more debt then all other U S Presidents combined
Ronald Reagan
Ronald Reagan had a long career as a movie actor before he was president.
No, Ronald Reagan did not die while he was serving as President of the United States. He served two terms as president from 1981 to 1989. Reagan died on June 5, 2004, more than a decade after he left office.
ronald reagan
The war of Grenada may be more accurately called the "Invasion of Grenada". It occurred in 1983, during the presidency of Ronald Reagan.
Reaganomics was the name given to Reagan's idea that revenue would be increased if taxes were lowered so that people had more more to spend, thus stimulating the economy.
The president's role in foreign policy has increased due to factors such as the rise of global interdependence, the growth of executive power, and the need for decisive action in response to international crises. The presidency is seen as better equipped to represent the nation's interests on the world stage and negotiate with foreign leaders.
Do you mean his early years as President, or his early childhood? Ronald Reagan was an actor. He became president in 1981-1989. He was the first to divorce his wife. (for more detales go to Google)
Ronald Reagan
if a government spends more money than it brings in, it has a deficit
This has never happened in the United States. Only one president, Ronald Reagan was ever divorced and his divorce occured more than 30 years before he ran for president.
The hope was that lower taxes would stimulate business expansion, resulting in more jobs and more income, thus increasing revenue even at the lower rate. He also hoped to cut expenditures .