Why did Ronald Reagan wear a Nazi uniform?
He wore one as Johnny Hammond in the movie Desperate Journey in 1942.
Who did Nancy reagon grow up with?
Nancy Reagon grew up with either the JaneWymam or President Ronald Reagan.
What statement best describes how federalism changed as a result of Ronald Reagan's presidency?
State were allowed to take a more active role in their own affairs.
What did the presidential elections of 1984 and 1988 show about the mood of the country?
How did Reagan assure people that he had enough experience to be President?
He was a Natural Born citizen, he was of age, and several other reasons.
When was Ronald Reagans daughter born?
Which one Ronald Reagan had three daughters?
Maureen (1941-2001)
Christine (June 26, 1947 - June 27, 1947)
Patti (born October 21, 1952)
In what year were President Reagan and the pope shot?
The year was 1981.
President Ronald Reagan was shot at on March 30, 1981 by a lone gunman (John Hinckley, Jr.) and suffered an injury from a ricochet. The gunman was overwhelmed by security and taken into custody. He was found not guilty by reason of insanity but remains in psychiatric custody as of 2011.
Pope John Paul II was shot on May 13, 1981. His would-be assassin (Mehmet Ali Ağca, a Turkish gunman) hit the pope in the abdomen. Despite extreme blood loss, the pope would survive and make a nearly full recovery. The gunman was captured on site and sentenced to life in prison. He served 19 years in Italy and 10 years in Turkey on an earlier murder conviction, and was released in January, 2010.
What did Ronald Reagan do wrong?
He escalated the arms race to the point that the Russians died trying to keep up. Thus finally putting an end to the cold war. Nuclear arms numbers have been dropping since he accomplished this. The Debt we acquired during this time was due to a Democratically controlled Senate and Congress who attached everything under the sun to his legislation.
When did Ronald Reagan Graduate from college?
Ronald W. Reagan graduated from:
Dixon High School, Dixon, Illinois
Eureka College, Eureka, Illinois - 1932
Ronald Reagan - what did he do for fun?
Swimming Poltics horseback riding sports (golf and football) and acting
Where is information about Ronald Reagan?
Former US President, California Governor and Hollywood veteran Ronald Reagan is an intriguing subject even today. Information on Regan in all of these capacities, and more, is widely available through news and encyclopedia web sites. Additionally, the Ronald Reagan Presidential Foundation and Library in Simi Valley, California houses a wealth of Reagan information and artifacts.
Who starred in the movie bedtime before bonzo before becoming president?
Ronald Reagan was the movie star and Bonzo was one of his pictures.
Ronald reagans first secretaryof the state?
Alexander Haig from 1981 to 1982 and George Shultz from 1982 to 1989 were the Secretaries of State under Reagan.
Why was religious right upset with some of Reagan's Supreme Court appointments?
They ruled in favor of gay rights
What events happened during Ronald reagans presidency?
o Reaganomics- Reagan significantly focused on rebuilding the economy and getting it booming again.
o End of the Cold War
o War on Drugs- Reagan cracked down on drugs and created more laws against them.
"Reaganomics, or supply-side economics, is a highly politicized term, which can be interpreted many different ways. In brief, Reaganomics is based on two key ideas: lower taxes and smaller government. Or in Reagan's words "government is the problem."
A new school of thought gradually arose. It argued that the competitive nature of free markets (free of government regulation) made markets the best means to distribute economic resources. Businesses have to be innovative and create wealth to survive. This anti-government view saw businesses as the "goose that lays the golden eggs" and government regulation and taxes as "strangling the goose". Reagan partially agreed with this anti-government view and sought to stimulate the economy by lowering taxes, financed by borrowing. He argued that lowering taxes will revive the economy. When the economy revived, the increased tax revenues will be used to pay off the debt. Excluding military spending, he argued for broad cuts in government spending, which he viewed as a drain on the economy. Reagan raised military spending, however, as he saw defense as an integral government function, especially in regards to the Cold War.
While taxes were cut and thus endorsing that element of neoclassical theory, massive military spending in the Reagan era resulted in a massive budget deficit. The 1983 deficit reached $207.8 billion, equivalent to 6 percent of the economy, the highest level since the World War II era. This emphatic deficit spending violates neoclassical economic theory emphasis on a balanced budget. Absent this, private actors will rationally expect, as explained by the Ricardian equivalence, for taxes to increase sometime in the future to offset this deficit, and will end up saving enough to offset any increase in consumption resulting from government spending. Furthermore, deficit spending is problematic under neoclassical theory because even if the Federal Reserve lowers the federal funds rate to keep interest rates low and combat this "crowding out" effect, the rational public will see the lack of credibility with this merely fiscal-policy-reactionary monetary policy.
Reaganomics ultimately exists in two forms, actual historical experience and theory. The historical experience of Reaganomics is of increased defense spending and large federal deficits. But the theoretical Reaganomic initiative of smaller government and spending restraint was never implemented, due to a lack of political will.
The early Reagan tax cuts of August 1981 embodied Reagan's supply-side economics. Economist Robert J. Gordon writes in his textbook Macroeconomics (9th ed. 2003, p. 392) that this was "the most dramatic shift in fiscal policy of the postwar era not related to the financing of wars." The Tax Reform Act of 1986, which had broad bipartisan support, partly implemented the principles of supply-side economics in a more moderate way. It simplified the tax code and eliminated tax loopholes.
Part of what Reagan implemented was in fact not supply side economics, but rather his own version of Keynesianism. Reagan advocated initiating deep tax cuts and simultaneous increases in military spending, while at the same time claiming that the Federal deficit would be erased. Critics argued that while Keynesian economics promoted the idea of consumers (including the poorest) creating jobs by increasing the demand for goods and services, Reaganomics relied on giving more money to producers by giving tax cuts especially to the wealthiest citizens, who would then create jobs that would somehow find a demand. This type of economic theory has also been referred to derisively as "trickle-down economics."
The belief of Reaganomics that the tax cuts would more than pay for themselves was influenced by the Laffer curve, a theoretical taxation model that was particularly in vogue among some American conservatives during the 1970s. Laffer's model predicts that excessive tax rates actually reduce potential tax revenues, by lowering the incentive to produce. The rise, rather than fall, in government deficits during the Reagan era caused many to question the validity of the Laffer curve. In addition, although the Laffer curve was used to justify tax cuts, its main emphasis was on showing how to maximize government revenues through fiscal policy; because this conflicted with the aim of conservatives to reduce spending as well as revenues, the Laffer curve has more recently been deemphasized by conservatives in recent years. Nonetheless, Federal Government tax revenues did increase significantly following the tax cuts of the Reagan years; it was the dramatic increase in spending that produced the budget deficits of that era.
Before Reagan's election, Reaganomics was considered extreme by the liberal wing of the Republican Party. While running against Reagan for the Presidential nomination in 1980, George Bush had derided Reaganomics as "voodoo economics", a term that held currency long after the recession ended. Similarly, in 1976, Gerald Ford had severely criticized Reagan's proposal to turn back a large part of the Federal budget to the states. After the Reagan election, however, most Republicans endorsed Reaganomics, including Bush, who became Reagan's Vice President."
(Source: http://en.wikipedia.org/wiki/Reaganomics )
What breed was rex president reagans dog?
a king Charles spaniel, which is my favorite type of dog because it is the mini version of the springer spaniel,which is what pres. bush I, had
How did Ronald Reagan affect our lives?
The break-up of the Soviet Union ended the cold war , united Germany and set the soviet bloc nation free. Reagan was not the sole cause of this, but he had some effect. Reagan's supply-side economic theory is questionable theory but had a great deal of influence on US economic policy.
Why did President Reagan urge a massive military buildup?
Military spending provides jobs and is an economic benefit for those people who work at military bases and in the defense industry. A strong military gives the president options in negotiations with foreign powers. It may also prevent attacks .
What was the after effect of the Reagan doctrine?
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.
What was the most important event that happened during Ronald Reagan's time as president?
Reaganomics--Reagan cut the bureaucratic jobs. He cut government , he created over 40 million jobs, and he cut spending. He cut the level of personal income that would go to the feds from 50% or 60% to 26%. He cut taxes and this led to a record deficit.
* Deficit was mostly per congressional overspending.. Tax cut alone didnt do that
Start of the end of the cold war - glasnost with Russan leader
Trade treaty with Canada.
Bombing of Libya.
Iran- Contra Scandal- arms traded for hostages.
Invasion of Grenada
Dispute over US aid to Contra rebels in Nicaragua.