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2 October, 03:33

What did reganomics dos do

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  1. 2 October, 06:23
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    Reaganomics was the popular term for President Ronald Reagan's economic policies. Reaganomics promised to slash government spending and taxes to end stagflation.

    Explanation:

    Reagan believed in lower taxes on the middle class to stimulate spending and lower taxes on businesses so they can have the incentive to reinvest their money in capital expenditures to grow businesses and stimulate the overall economy.
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