Who Is Ronald Reagan
Ronald Wilson Reagan is the former governor of California, a former Hollywood actor, but he will most be remembered as the 40th President of the United States of America. Ronald Reagan is the most underrated President in the history of this great country. His contributions to the growth of the United States economy throughout his two terms in office are un-matched. He successfully curbed inflation and reduced government spending, ended the Cold War, fought hard against the war on drugs, and successfully survived several assassination attempts.
Ending the Cold War
The Cold War was a state of political and military tension after World War II between powers in the Western Bloc and powers in the Eastern Bloc. The cold was started in 1947 and lasted until its official ending in 1991. It was referred to as the “Cold War” because instead of using actual weapons the two sides used verbal weapons in the form of information and threats.
Enter Ronald Reagan, 40th President of the United States. Reagan was determined to end the Cold War and therefore introduced what would become known as the Reagan Doctrine. The Reagan Doctrine took the United States cold war plan into Third World Countries and provided military and economic support to various dictatorships in these countries to help aid the resistance of any revolutionary movement. He also armed oppositional armies so that they may rise up against any pro-Soviet government. The outcome of all of Reagan’s efforts was an unprecedented decline in communism throughout Eastern and Central Europe. Reagans Economic Policies Reagan’s economic policies are known as Reaganomics. His economic policies were based on the supply side economics theory. The supply side economics theory states that tax cuts embolden economic growth that ultimately broadens the tax base. The increased revenue from