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Ronald Reagan

With Ronald Reagan came the model that many of today’s conservatives adhere to. This was a model that stood against liberal economic programs and sharply decreased the number of regulations imposed by federal agencies. Reagan’s tax cuts were popular, especially among the wealthy, as these cuts lowered the top personal tax bracket from 70 to 28 percent in seven years. On the flip side, government expenditures were not reduced, and the national debt soared. Evaluate these policies from “both sides of the aisle”. Is this how future governments should model their policies? Why or why not? 2 references is needed.

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