January 19, 2015
The Reagan years were they overrated or was he underrated as the 40th President of the United States. This report will cover the agendas and accomplishments of Reagan during his tenure as President. Starting from the Hostages coming home to the supply side economy and how he was able to conclude the cold war. Were the actions of President Reagan underappreciated or was he glorified for actions taken while performing the duties of his position.
The students set their hostages free on January 21, 1981, 444 days after the crisis began and just hours after President Ronald Reagan delivered his inaugural address ("U.S. History", 2015). The main point here …show more content…
By theory, this would stimulated the economy and created more jobs. As a result, inflation and higher interest rates cause the dollar to rise internationally which slowed down exporting. Importing increased which helped stabilize the economy, but must of that was used to upgrade the military with supplies. As a result, the national debt rose from one to three trillion during President Reagan's reign. President Reagan should have not lowered taxes if he was going to spend trillions on military upgrades.
In conclusion to Reagan tenure as President, It would be hard to say that he was underrated as a President and more fitting to state overrated. Supply side was a plan that looked good because he promoted lower taxes and this would allow for a stable economy but in theory the next generations to come have inherited this debt, and it actually leaves them in a horrible position. Now presidents in the future have to play devil's advocate because they cannot lower taxes as Reagan did because of this high spending spree. We cannot blame presidents for being the villain on raising taxes because they have inherited an enormous national debt. So I feel that President Reagan is responsible taxes being raised to this day because of him accumulating an enormous debt. The upgrading of the Military was an evident and right choice by President Reagan because it did aid in the ending of the cold war. The problem is