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Reagan might take credit score for strengthening the economic system, however the big deficit marred his economic accomplishments. A champion of the rich and highly effective, Reagan needed to introduce a brand new economic program to the country that might reward these at the high of the financial ladder. Critics charged that his economic program took from the poor to complement the wealthy and that the nation he envisioned overlooked minorities, the disadvantaged, and the disabled.
Reagan and his supporters replied that economic incentives to the wealthy would “trickle down” to the rest of America, enriching everyone. Reagan sought to guard the nation and destroy communism at the similar time by increase the might of the American navy. He ordered over $1 trillion in new protection spending and proposed the development of a defense shield across the country, primarily based each on the bottom and in house, that would destroy any nuclear missiles launched in opposition to the United States. Reagan and his administration believed the protect would allow the nation to retaliate to a nuclear strike and win a nuclear war. From the start of his time in workplace, Reagan carried out international policy based on the belief that communism was the enemy and any enemy of communism was a good friend of the United States. It mattered little to Reagan or members of his administration if the groups or governments they supported were less than honorable. As long as they had been combating communism, the Reagan administration supplied the money and arms to do so.
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Congress substantially lowered revenue tax rates for individuals and corporations, but the economy didn’t grow rapidly enough to offset that lack of income. Primarily due to major increases in military spending, the federal deficit grew enormously by the top of the decade.