In the 1970’s the United States faced many new conflicts because of the Watergate scandal: stagflation, the Iranian hostage crisis, and defeat in Southeast Asia in 1975. People were suffering from the worst inflation crisis in American history and started to believe that they were stuck in a world of struggles and shortages. In 1980 Ronald Reagan, a Republican, ran for president and said he would revive the United States in a manner that Jimmy Carter could not match. When Reagan became President of the United States people began to regain their hope of a better nation.
Reagan stayed strong as he stated,”We must act today in order to preserve tomorrow.”(Document 1: 285) With this statement in mind he planned to restore America to where it should be and envisioned a drea
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Free enterprise allows markets and companies to become more competitive, does not limit people to what they can and cannot do, and again it encourages development while allowing companies to operate freely. He stated in his first inaugural address, “All must share in the productive work of this “new beginning” and all must share in the bounty of a revived economy. People can now do what they want to make an honest living and not have to suffer from high taxes and other problems due to the “old” government. In 1980 there were only 30 million individuals who invested in shares to help companies expand. As he started his term in office he promised Americans that taxes would be decreased. Finally, the men and women of America had something to strive for, something to look forward to, something to dream about, and it was all possible because they, obviously, made the right decision when they elected Ronald Reagan as President of the United States. This in turn would increase and encourage employment, bring more profits to companies, save more money, and reduce inflation. Doing so would slowly bring the nation out of debt by moderating government spending rather than burying itself in more debt. Another Reagan plan was to start spending cash that we had instead of borrowing money. ” (Document 1: 285) Everyone must work and everyone that does will share the same benefits.
When Reagan became president he knew what the country needed and he knew what the people wanted. 107 million people in the work force set a new record for our country.
This helped mainly middle-class people such as farmers, miners, factory workers, teachers, and anyone else who was concerned about a better life and an improved country, to support Reagan and their country.
Approximate Word count =
524
Approximate Pages =
2 (250 words per page double spaced)
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