To be completely honest, the current economic condition of the United States is not something enviable. But, if you look at the past, you will get a clearer picture of the economy as a whole. Today, we will take a look at the Ronald Regan administration, and try to look back at that crucial period of modern history. During Regan’s term, given that it was a difficult time as the cold war was at full swing, the recession in the United States was quite problematic. Many consider 1981 – 1982 to be the worst year of the recession. But, the Regan administration came up with some drastic policies to combat the situation and also took some unusual measures. For any student of economics and any economics savvy person, I believe this article holds a lot of value. This article is like a window into the past of US history of a very difficult time. I highly recommend the article to you, given you are interested in learning about the country’s economy. As you already know, in this intro part of the article, I cannot get into further details. But, I will point you in the right direction.
If you wish to learn more about this interesting topic, then you have come to the right place. At insider monkey’s blog page, we have put together the article titled “Reaganomics Facts: Good, Bad, Failed or Successful?” Just click the link to go to the full article’s location.
