Ronald Reagan Research Paper

1966 Words8 Pages
In the early 1980s, the American people elected Ronald Reagan as President of the United States of America. Many people claim that Reagan was one of the greatest presidents of all time, while others believe that the country would have been much better off had Reagan never been elected. Regardless of their political preferences, it is undeniable that Ronald Reagan changed the world in the 1980s and his work as president will be forever remembered in the countless books of history. Ronald Reagan ran as a Republican and was the absolute type of a conservative. He worked to bring forth the ideal of conservatism in America and successfully captured and isolated that belief in the presidency. As president, Reagan worked to bring the ideal…show more content…
When he left office in 1989, the economy was breaking records and benefitting from the longest period of peacetime prosperity without recession or depression (Ronald Reagan). People were making money in America and thanks to Reagan’s tax cuts; they were able to keep more of what they earned. The Reagan Administration began an economic policy that became identified as “Reaganomics” or trickle-down economics. Reaganomics was the belief that tax cuts for the rich, middle class, and poor would work to stimulate the economy. If the rich had more money, they would create more businesses and opportunity, the middle class would then be able to become business owners, and higher the poor. It is a social hierarchy of job creation and the nation experienced 96 months of peacetime economic growth (Limbaugh, “Told You So” 122). In 1990, George H.W. Bush disbanded the policy of Reaganomics and the 96 months of economic growth ended almost immediately. Many historians, to this day, view the 1980s as a decade of greed where the rich got richer and the poor got poorer. They also discredit the policy of Reaganomics because they do not believe the rich paid their fair share of taxes. Nevertheless, economic figures are illustrative of how much the rich truly pay in taxes. It seems that the top 1% of income earners pay nearly…show more content…
Ronald Reagan was a success because the American people loved him. In 1984, during his campaign for a second term, the electorate illustrated their reverie for him and he won in the largest landslide victory ever recorded. He was unanimously re-elected in 49 of the 50 states (What Would Reagan Do?). His unprecedented victory astonished the world and many of his political detractors wondered how he could be so popular. Once again, the political philosopher Machiavelli offers insight into how a person should be a successful leader. Machiavelli wrote in 1513, “…he should inspire his citizens to follow their pursuits quietly, in trade and in agriculture and in every other pursuit of men, so that one person does not fear to adorn his possessions for fear that they be taken away from him, and another to open up a trade for fear of taxes” (Machiavelli 91). In essence, Reagan accomplished all of these aforementioned goals during his presidency. His policy of a strong national defense worked to make people feel comfortable and unafraid of a Communist attack, and his policy of Reaganomics allowed people to become entrepreneurs without a fear of being taxed out of business. For all practical purposes, Reagan epitomized the values of a good leader as prescribed by Niccolo Machiavelli; he restored the power and
Open Document