Ronald Reagan's Presidency Research Paper Example | Topics and Well Written Essays - 1500 words

Ronald Reagans Presidency - Research Paper ExampleHe changed his political views fromliberalto being aconservativespokesperson as a television host, touring the entire country (Reagan, Kiron, Annelise, and Martin 18). Hewas electedthe Californian Governor by a one million-vote margin. Hewas later re-electedin 1970. In 1980, Ronald Reagan win the Presidential nomination for Republican and opted forpreviousTexas congressional representative and the currentambassadorfor United Nations George Bush, as his running mate. Troubled by the running pompousness and theincarcerationof Americans in Iran for a year, the Americans voted in the Republican in to the presidency by a whopping 489 votes to President Jimmy Carters 49. On 20 January 1981, Reaganwas sworninto office. After just 69 days, hewas caughtby an assassins bullet nevertheless, he recoveredfastand returned to perform his duties. His popularity soared during the period of the sadincidencedue to hiswitand grace.During his tenure a s the 40th president of the United States, Reagan accomplished many achievements thatwill be rememberedforever in the American History books and the world at large. In 1988 during Reagans last year in office, the rate of inflation dropped to 4.4% as compared to 12.5% during Jimmy Carters last year in power in 1980. In addition, the rate of unemployment drastically dropped during Reagans administration from 7.5% to 5.4%, with theratereaching highs of 10.8% and 10.4% in 1982 and 1983 respectively (Schaller 36). Reagan oversaw the implementation of policies based on the economics of supply-sideand called for a free-market and liberal-classical philosophy. These policies aimed to reduce thelargetax cuts across the various sectors of the economy. During his regime, Reagan was also for the idea of takingbackthe U.S. to the era of the gold standard. Reagans