Wednesday, May 18, 2016
Rich Homie Reagan
Reagan seemed to be a fearless leader, yet there was an ominous threat that would forever be there for him to deal with; The soviet union. Reaganomics was a system put into place and based off of Reagan and all of his policies, this system was mainly reliant on the removal of government influence from the economic and business world. He saw that if the government, which also included him, was too involved in the way that the business' are trying to run themselves, then it would only cause a decrease in revenue. By using this system, yes there would be more money for the industries, however, this would only encourage the businesses to infringe upon human rights and manipulate their workers as there are no laws that legally bind them to be fair and help their employees out. So while yes more money would be generated by these corporations, the people whom work underneath them would be crushed by their unlawful practices, which with Reaganomics, would be encouraged as long as profit is made.
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Swagmaster Pye
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This is a really well written summary! I like that you included an analysis of the effects of Reaganomics as well. Good job!
ReplyDeleteYAAAASSSS love it amazing!!! Really good summary of Reaganomics and how it would change the economic system. Did Reaganomics ever get put into place, or was it just an idea?
ReplyDeleteLoved the summary of Reaganomics. The inclusion of the effects and analysis of those effects were very helpful to read. What aspects of Reaganomics do you believe could be beneficial in our society today?
ReplyDeleteSwag master you absolutely murdered this post homegirl. Love the info on Reagan's Economic policy just as everyone above said. Its helpful to have that summary and a reminder for the final. I always forget about the people who worked for the industries at the time.
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