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Posts Tagged ‘Reaganomics’

On March 8, 1983, at the annual meeting of the National Association of Evangelicals, President Ronald Reagan spoke of the Soviet Union as an “evil empire.” What was his strategy? Convinced that socialism would lose any head to head competition with capitalism, he chose to take an aggressive approach to Soviet communism and one essential component of his strategy was to strengthen the American military and economy. (more…)

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Democratic commentators wrote of Republicans “determined to commit political suicide” in choosing conservative Ronald Reagan as their leader. Actually, Reagan had little support from Republican eastern elites, many favoring George Bush who called the supply-side approach “voodoo economics.” But Reagan was popular with the grass roots and he won the Republican nomination. These Americans wanted someone with genuine conservative convictions. (more…)

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