Economic policies of Ronald Regean Essay Example | Topics and Well Written Essays - 750 words

Economic policies of Ronald Regean - Essay Example budget deficit, crisis in the loans and savings markets, etc.) were deemed inconsequential or a consequence of the fact that the Democrats were at the time in charge of the Congress. In contrast, the Democrats maintain that the beneficial economic changes that took place in the 1980s were not a consequence of Reagans policies, whereas any negative alteration was a result of his failed measures. At the time when Ronald Reagan entered office, the American economy was facing one of the highest rates of inflation since 1947. Reagan supported income tax cuts and reductions in social welfare spending, and he focused on reviving the economy, which was suffering a high rate of inflation combined with an economic recession. His fiscal policies are generally referred to as "Reaganomics". As a result of the tax reductions taken and the increase in the defense-related expenditure (consequence of the ongoing Cold War), a great economic growth and expansion was observed together with an improvement of the job market. While these factors made President Reagan very popular among the general population, a fraction of economic experts criticized his measures as too liberal. And they were right: in order to cover federal budget deficits complicated by increased spending by Congress and by the fact that Reagan never submitted a balanced budget to Congress, the US borrowed heavily both domestically and abroad. The deficits in the budget soon became evident creating enormous increases in the national debt, which tripled from $1 to $3 trillion (circa 40% of the domestic gross product, the highest level since 1963); the country owed more to others than it was owed. Similarly, federal tax receipts doubled from $130.2 to $263.7 billion. In order to alleviate the situation, he appointed the Greenspan Commission, which resolved the crisis through a series of reforms which included, for example, increases in the payroll tax. He also reformed the Social

Answer the question to 2 page essay Example | Topics and Well Written Essays - 500 words

Answer the question to 2 page - Essay Example Interaction between the general public and disabled should not be a taboo based on false perceptions. The first perception for a person with a disability is these people need extra help or assistance from the public. Many in the general public will help a disabled person when asked, but feel pity or disgust. Disabled individuals will ask for help, but generally have a plan for the day. People with disabilities do not wake up and go out in public to depend on assistance from random people. For example, an individual in a wheelchair will have a van that is wheelchair accessible, or even a car that can be driven with hand controls. These people can get in and out of their cars and into their chairs with or without help. If help is needed a paid caregiver, or family member might help. It is rare that a person in a wheelchair will wait in their car to approach the public for assistance. Normally people with disabilities have canes, wheelchairs, service dogs, and other means to help them navigate in public. For an individual that is disabled, they are used to their disability. For example , if a person without a disability does not have a car, but need a ride to work, they plan that ride with family or friends. Disabled people do the same when help is needed. They plan around their disability. The perception of a person can be cured of their disability in order to fix them is a popular one. This can be a helpful approach, but can overlook the needs of the disabled at the moment. For example, a deaf person might benefit from new surgeries. That is a good goal for doctors, but the general public should not wait for this to happen. In order to interact with the deaf individual, the public needs to accept the situation in the here and now. If the disabled person does not feel valued unless being ‘fixed’, then the disability can be depressing and debilitating. Hearing individuals can learn to sign, or learn to look at a deaf