Preview

Interview History

Good Essays
Open Document
Open Document
981 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Interview History
Interview

Timany Jones

HIS/145

November 7, 2012
Thomas Dunford

Reagan Remembered Interview

I chose to interview one of my customers from work. His name is Nick Connors and he has always been very involved and interested in events that occur within the United States. I informed him I needed to conduct an interview about his recollections of Ronald Reagan and the 1980’s and he was more than happy help me out. The questions I asked him during our interview are as follows: Me: What do you remember about the economic policies during Ronald Reagan’s term in presidency? Nick: “To put it in a brief synopsis he was very much a capitalist. He believed in capitalist economics. It replaced the Keynesian economics. Reagan believed in a smaller government and that the more freedom that the private industry and practice had, the better off the country would be. Fewer governmental regulations would make the economy expand in business and employ more people, which would bring more taxes into the government. The tax base would be better.” Me: Tell me about the Principles of the New Right. Nick: “It is the conservative part of the Republican Party. I would interject that Reagan was not the brain of everything, but was a good organizer. He surrounded himself with high quality and smart people but also kept them under control. Reagan was also responsible for the tearing down wall between East and West Berlin. I do not remember anything being referred to the New Right, but it’s just an expansion of conservatism and good American thinking.” Me: What was the Iran Contra affair? Nick: Nick does not recall the Iran Contra affair. I did some research on it and found that the Iran Contra affair was a scandal involving some people from the Reagan Administration. It began in 1985, when President Ronal Reagan’s administration supplied weapons to Iran, a sworn enemy, in hopes of securing the release of American hostages held in Lebanon by



References: Iran Contra Affair. (n.d.). Retrieved November 5, 2012, from United States History: http://www.u-s-history.com/pages/h1889.html

You May Also Find These Documents Helpful

  • Good Essays

    2. The film notes the Reagan era as a dividing line between the rise of the "middle class" and its current decline. What policies did Reagan usher in and why? What were the results?…

    • 1124 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Reaganomics Economic. Reagan plans to fix the economic problems. Cost of taxes, government size, and certain control over businesses. To use deregulation so people had more money.…

    • 190 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Reagan had much more success in implementing his taxation policy than he did reducing spending. As mentioned earlier, during Reagan’s presidency the top federal marginal tax rate was reduced from 70 % to 28 %. Furthermore, the corporate tax rate was reduced from 48 % to 34 %. Individual tax brackets were Individual tax brackets were also indexed for inflation. Reagan didn’t just cut taxes, however.…

    • 191 Words
    • 1 Page
    Good Essays
  • Good Essays

    Ronald Regan begins his first term of presidency in 1981, Regan who took charge of the white house was facing a country with a deteriorating economy. Regan had a clear plan in mind in reconstructing past policies in order to improve the current state of the country by executing “Reaganomics”. Reaganomics is an economic policy that reduces taxes on the upper-income brackets that would boost the investment and economic growth. Under this policy, it has not only controlled the inflation but has brought in a greater number of investors which certainly created more jobs for the people hence a higher employment rate in the country. Although, policies in the Great Society spending has cut down, however, policies such as Social Security and Medicare…

    • 153 Words
    • 1 Page
    Good Essays
  • Good Essays

    During Reagan’s presidency from 1981-1989, he was able to accomplish many things such as boosting the economy, strengthening national defense, and reducing the power of the federal government. When the economy was in its worst recession since the Great Depression, Reagan decided to cut taxes and government spending on social programs; however the tax cuts mostly helped the rich and cutting welfare hurt the poor. On the other hand, his deregulation, domestic spending restraint, and tax cuts helped lead to an economic boom that lasted two decades. Reagan was still able to eliminate many deductions and exempt millions of people with low incomes. He was also able to slow the pace of inflation. The supply-side economics…

    • 305 Words
    • 2 Pages
    Good Essays
  • Good Essays

    According to Ronald Reagan Presidential Foundation and Library, “When Ronald Reagan took the oath of office as America’s 40th President on January 20, 1981, the country was experiencing some of bleakest economic times since the Depression. Taxes were high, unemployment was high, interest rates were high and the national spirit was low.” Reagan’s Economic Recovery Tax Act was the first major legislation passed in his first term as the President of the United States. It was passed in 1981 and is also known as ERTA. This law lowered income tax rates and allowed for the expensing of depreciable assets. The tax act also greatly helped small businesses and individuals. They benefited from special tax treatment, accelerated capital recovery, and being allowed to merge. ERTA is most known for its large reduction in personal income tax rates across the board (Schein, 2015). Reagan’s Economic Recovery Tax Act was supposed to create jobs by reducing tax rates, therefore restoring the incentive to create jobs for people. It was supposed to help improve the economy by reducing individual income tax rates, helping small businesses thrive and allowing them to save money, and creating jobs though those reduced tax rates.…

    • 605 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Reagan was particularly beleaguered when unemployment rose to a staggering 9.5%. He dreaded that he would not be re-elected. Presidents Reagan’s goal was to execute economic policy dubbed ‘Reaganomics’. This policy aimed at stimulating America’s economy through tax credits, accelerated depreciation, and tax cuts. Reagan’s core catalyst to attain this goal was the enactment of the ERTA (Economic recovery Tax Act) in 1981. The ERTA brought in phased-in cuts in marginal duty levels that were extensive. ERTA, however, was a too far bridge and failed despondently creating huge budget deficits as well as weakening America’s economy. This resulted in an economic slump that lasted through the better part of 1982. Luckily, Reagan saw the fault, and with enactment of TEFRA (Tax Equity and Fiscal Responsibility Act) in late 1982. America’s economy embarked on a path to recovery. TEFRA acted as ERTA’s remedy. In fact, it came to be known as the most extensive peacetime tax rise to be ever enacted in the history of America. Ironically, Reagan, a Republican, had signed the bill. TEFRA began presumably the most considerable bull series in the economic history of America. This cycle lasted for close to half a decade. Reagan deserves much of the credit for endorsing TEFRA and particularly, for its great economic outcome. However, few people recognize that it was Peter Stark, a Democrat, who backed TEFRA. Worth noting is the fact that Reagan played a very instrumental role by joining forces with fellow Democrats. The TEFRA perhaps explains why Reagan was reelected for a second…

    • 1412 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Reagan has also improved the relationship with the Soviet Union in his second term in office. President Reagan’s conservative leading set a base for the upcoming president – President George Herbert Walker Bush.…

    • 511 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The 1984 presidential election of Ronald Reagan brought upon numerous exceptional and dubious policies to the U.S. economy. A considerable lot of these approaches, including Reaganomics still influence our economy in general and are still significant points of open deliberations today.…

    • 1502 Words
    • 7 Pages
    Good Essays
  • Better Essays

    “How do you tell a Communist? Well, it's someone who reads Marx and Lenin. And how do you tell an anti-Communist? It's someone who understands Marx and Lenin.” Ronald Wilson Reagan was the 40th President of The United States and 33rd Governor of California. Reagan represented the conservative Republican Party. Before his political career, Reagan acted in over 50 Hollywood films. As a child, he agreed with the Democratic Party, but as he grew older, he became a Republican. Reagan ran three times to become President of the Republican Party, and the third time, 1980, he won both the nomination and presidential elections. During his presidency, he cut taxes and increased the money spent on defense. While he was a President, the whole country experienced an economic upswing, which is mainly the reason why he was re-elected in 1984. Reagan strongly opposed the spread of communism and he tried to defeat the Soviet Union by speeding up the arms race. During his second term, he started to become closer with the Soviet Premier Mihail Gorbatšov. Even though he was known as optimistic,…

    • 992 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    The 1980s had many influences to make it one of the decades with the most changes and inventions. There were lots of new technology and inventions. One of the biggest influences on the 1980s in politics was Ronald Reagan. Some people say he is the greatest president the United States has ever had. Ronald Reagan was an expert at turning the economy around, having one of the best foreign policies, and he gave American’s hope and made them more patriotic for the first in decades.…

    • 489 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Another significant factor of Ronald Reagan’s first, few months in office was his firm, forceful opposition to communism. Reagan’s administration also created a policy called the “Reagan Doctrine” that aimed to reduce the influence of the…

    • 681 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Reaganomics In The 1980's

    • 1442 Words
    • 6 Pages

    Unemployment exceeded to ten percent , this was the lowest it had been in forty years. With Reagan already in office he knew that there must be a change in the early 80s. He knew that if he corrected United States economic problem that he would have the trust of the citizen for the election of 1984. At the end of 1982 the United States was flourishing once again, the economy was promising due to the new economic system of Reaganomics. Incumbent Ronald Reagan believed that the United States become very strong due to Reaganomics. Between the years of 1983-1990 the economy grew because it was parallel population growth. The census of 1984-1990 shows that we’ve had the most growth on the west coast. Having twenty percent more people than we had in the previous census, all but three states had a population growth. The principles of Reaganomics was to lower taxes and increase the spending money towards our military. Now that taxes are lowered the United States no longer provided any social programs. There were pros and cons with this new economic system, the economy was doing substantially well while our social problems worsen. An example of a social problem would be the drug rate. Approximately thirty seven percent of the population over the age twelve had used an illegal drug at least once. The drug rates grew due to the…

    • 1442 Words
    • 6 Pages
    Good Essays
  • Good Essays

    AP Gov 1

    • 1730 Words
    • 4 Pages

    Watching the rise of Lyndon B. Johnson, the Great Retailer, House Speaker Tip O’Neill spent a great deal of his time trying to answer the LBJ question, “How’d he get there?” How did Ronald Reagan get the appeal of the public’s eye? The Answer, it was not another form of being the Great Retailer, focusing on the ones you get to know. “No, Ronald Reagan is a man of the media: the Great Wholesaler … he was positioning himself with enormous science, establishing himself in the public mind not as an aloof head of government but as the man next door. Every action was designed to make him appear close to the people and distant from the government.” This was just another form of political positioning. This is when a person decides to make him/herself important and choosing where they stand no matter what role they’ve been placed in. So, Johnson did not place himself in the role of presidency, but as the role of Ronald Reagan. Ronald Reagan simply refused to be seen as a part of the government’s problems or mistakes, but more so as just another commoner with a better position in society.…

    • 1730 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Reagan was one of the more prominent conservative presidents since he was one of the first representations of the ideals that come with conservatism. One of the main ideals that conservatives have is that they are opposed to high taxes and the transfer of money and wealth since they believe that it takes power away and lowers their standing in the world. During one of Ronald Reagan’s address to the public he explains his idea and purpose for his new bill, “our purpose was to provide incentive for the individual, incentives for business to encourage production and hiring of the unemployed, and to free up money for investment” (Doc 3). During his speech Reagan made a pledge to the people that he would reduce government spending, income taxes…

    • 143 Words
    • 1 Page
    Good Essays

Related Topics