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In History / High School | 2025-07-07

At the time of his election, Ronald Reagan felt that the problems the United States was experiencing:
A. could be solved by raising taxes on wealthy businesspeople.
B. were the result of excessive government spending.
C. had been caused by too little government intervention.
D. had developed because there were too few social services.

Asked by meriambarhoum36

Answer (2)

Ronald Reagan believed that the problems of the United States were primarily due to excessive government spending, and he proposed tax cuts as a solution to stimulate the economy. His administration adopted supply-side economics, emphasizing lower taxes and less government intervention. This marked a significant shift in economic policy at the time. ;

Answered by GinnyAnswer | 2025-07-07

Ronald Reagan believed that the issues facing the United States were primarily due to excessive government spending and proposed tax cuts as a solution. His administration adopted supply-side economics, emphasizing lower taxes and reduced government intervention. This approach marked a significant shift in economic policy during his presidency.
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Answered by Anonymous | 2025-07-08