Republicans and Evangelics | Reaganomics

Give to help Chris make Truce Ronald Reagan’s economic policies, often referred to as “Reaganomics,” were based on supply-side economics. His administration focused on reducing the role of government in the economy by cutting taxes, especially for corporations and high-income individuals, with the belief that this would stimulate investment, job creation, and overall economic growth. The Economic Recovery Tax Act of 1981 was a cornerstone of this approach, slashing income tax rates across the board. Reagan also prioritized deregulation, aiming to reduce government oversight in industries such as banking, energy, and transportation, under the idea t...