THE RISE OF POLITICAL CONSERVATISM 1980 1992
REAGANOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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“ ____ Government is not the solution to our problem, government is the problem.”
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“ ____ The Soviet Union is the source of our current problem, and they will be dealt with.”
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“ ____ Illegal immigration is the source of our problem, and we should build a wall to stop it.”
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“ ____ Discrimination and Nativism are the sources of our current problem, and we will open our doors to all immigrants.”
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Detailed explanation-1: -He believed in federalism and free markets, passed policies to encourage development of private business, and routinely criticized and defunded the public sector. Despite his support for limited government, he greatly accelerated the nation’s War on Drugs.
Detailed explanation-2: -The pillars of Reagan’s economic policy included increasing defense spending, balancing the federal budget and slowing the growth of government spending, reducing the federal income tax and capital gains tax, reducing government regulation, and tightening the money supply in order to reduce inflation.
Detailed explanation-3: -In his speech, “A Time for Choosing", Reagan stressed the need for smaller government. The speech raised 1 million dollars for Goldwater and is considered the event that launched Reagan’s political career.
Detailed explanation-4: -The first inauguration of Ronald Reagan as the 40th president of the United States was held on Tuesday, January 20, 1981, at the West Front of the United States Capitol in Washington, D.C. This was the first inauguration to be held on the building’s west side.