Reaction Paper On Reaganomics
Sputnik
Sputnik 1 was a Russian communications satellite launched in October of 1957. As the first earth-orbiting satellite, it scared the nation, as it indicated that the Russians were more advanced than we were and could possibly therefore hit us with missiles as well. The launch led to an increase in military funding and the formation of NASA in 1958, as well as the NDEA the same year.
Tindall, George Brown, and David Emory Shi. America: A Narrative History. Ninth ed. Vol. Two. New York: W.W. Norton & Company, 2013. 1293-1294
Reaganomics
Reaganomics was and/or is a term coined for supply-side or trickle down economic theory as espoused by Ronald Reagan in 1980. At its most basic, it appeals to those who are rich or think they are one …show more content…
The sale of arms was in an effort to affect the release of hostages held in Lebanon. The sales went against the adamant exclamations of Reagan that he would never negotiate with terrorists. It was not the first instance of Republican hypocrisy and certainly would not be the last. Nor would the administration look any better when it was also found that the funds gained by the administrations arms sales were being funneled to rebel factions- Contras- in Nicaragua by the treasonous and surprisingly forgetful Marine Oliver North from his lair in the basement of the White …show more content…
He loosened centralized economic control and planning functions and censorship. He also sought out trade agreements and political alliances with the West and attempted to relieve the Soviet economy’s dependence and slavish adherence to ever growing budget at the cost of the country’s infrastructure.
Tindall, George Brown, and David Emory Shi. America: A Narrative History. Ninth ed. Vol. Two. New York: W.W. Norton & Company, 2013. 1440
Henry Kissinger
Henry Kissinger, Richard Nixon’s national security advisor and later the secretary of state, was a German born political scientist. Harvard educated, confident, and well respected, he came to dominate and control the diplomatic landscape of Nixon’s administration. While well respected, he was also considered egotistical and disdainful of the wars and conflicts he supported, which included any and all of them, from then to today. Tindall, George Brown, and David Emory Shi. America: A Narrative History. Ninth ed. Vol. Two. New York: W.W. Norton & Company, 2013. 1368-1369, 1381-1384,
Sputnik 1 was a Russian communications satellite launched in October of 1957. As the first earth-orbiting satellite, it scared the nation, as it indicated that the Russians were more advanced than we were and could possibly therefore hit us with missiles as well. The launch led to an increase in military funding and the formation of NASA in 1958, as well as the NDEA the same year.
Tindall, George Brown, and David Emory Shi. America: A Narrative History. Ninth ed. Vol. Two. New York: W.W. Norton & Company, 2013. 1293-1294
Reaganomics
Reaganomics was and/or is a term coined for supply-side or trickle down economic theory as espoused by Ronald Reagan in 1980. At its most basic, it appeals to those who are rich or think they are one …show more content…
The sale of arms was in an effort to affect the release of hostages held in Lebanon. The sales went against the adamant exclamations of Reagan that he would never negotiate with terrorists. It was not the first instance of Republican hypocrisy and certainly would not be the last. Nor would the administration look any better when it was also found that the funds gained by the administrations arms sales were being funneled to rebel factions- Contras- in Nicaragua by the treasonous and surprisingly forgetful Marine Oliver North from his lair in the basement of the White …show more content…
He loosened centralized economic control and planning functions and censorship. He also sought out trade agreements and political alliances with the West and attempted to relieve the Soviet economy’s dependence and slavish adherence to ever growing budget at the cost of the country’s infrastructure.
Tindall, George Brown, and David Emory Shi. America: A Narrative History. Ninth ed. Vol. Two. New York: W.W. Norton & Company, 2013. 1440
Henry Kissinger
Henry Kissinger, Richard Nixon’s national security advisor and later the secretary of state, was a German born political scientist. Harvard educated, confident, and well respected, he came to dominate and control the diplomatic landscape of Nixon’s administration. While well respected, he was also considered egotistical and disdainful of the wars and conflicts he supported, which included any and all of them, from then to today. Tindall, George Brown, and David Emory Shi. America: A Narrative History. Ninth ed. Vol. Two. New York: W.W. Norton & Company, 2013. 1368-1369, 1381-1384,