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Ronald Reagan was the 40th president of the United States. He served as president from 1981-1989.
Ronald Reagan was the 40th president of the United States. He served as president from 1981-1989.
Ronald Reagan is most well known for his economic plan known as "Reaganomics" which involved high interest rates and a 25% tax cut. This resulted in the biggest economic expansion to that point in history. By 1988 unemployment had fallen to 5.5% which was the lowest in 14 years. For context the unemployment rate as of March 2024 is 3.8%. Critics of "Reaganomics" referred to this strategy as "trickle down economics". It was nicknamed this because many people felt that this strategy had a food chain effect. Meaning the wealthy (top of the food chain) benefited the most. From there the benefits trickled down so by the time you reached the bottom of the food chain people were only slightly being benefited.
Ronald Reagan is most well known for his economic plan known as "Reaganomics" which involved high interest rates and a 25% tax cut. This resulted in the biggest economic expansion to that point in history. By 1988 unemployment had fallen to 5.5% which was the lowest in 14 years. For context the unemployment rate as of March 2024 is 3.8%. Critics of "Reaganomics" referred to this strategy as "trickle down economics". It was nicknamed this because many people felt that this strategy had a food chain effect. Meaning the wealthy (top of the food chain) benefited the most. From there the benefits trickled down so by the time you reached the bottom of the food chain people were only slightly being benefited.
On March 30th, 1981, there was an assassination attempt on president Ronald Reagan as he was leaving the Hilton Hotel in Washington D.C. John Hinkley Jr. fired his .22 caliber revolver at the president and his security team. Reagan was hit with a ricochet off of the limousine. He was then taken to the George Washington University Hospital. He stayed in the hospital for 13 days and then returned to the White House. John Hinkley Jr. was found not guilty by reason of mental insanity. Hinkley was fully released on June 15, 2022.
On March 30th, 1981, there was an assassination attempt on president Ronald Reagan as he was leaving the Hilton Hotel in Washington D.C. John Hinkley Jr. fired his .22 caliber revolver at the president and his security team. Reagan was hit with a ricochet off of the limousine. He was then taken to the George Washington University Hospital. He stayed in the hospital for 13 days and then returned to the White House. John Hinkley Jr. was found not guilty by reason of mental insanity. Hinkley was fully released on June 15, 2022.
Family Life
Family Life
On March 4th, 1952, Ronald Reagan married Nancy Davis. As the First Lady of the United States, Nancy Reagan started a special project focusing on drug awareness, titled "Just Say No" She traveled nearly 250,000 miles throughout the United States and several countries. She held a conference for the first ladies of several countries to highlight youth substance abuse. Nancy Reagan passed away on March 6th, 2016, from congestive heart failure.
On March 4th, 1952, Ronald Reagan married Nancy Davis. As the First Lady of the United States, Nancy Reagan started a special project focusing on drug awareness, titled "Just Say No" She traveled nearly 250,000 miles throughout the United States and several countries. She held a conference for the first ladies of several countries to highlight youth substance abuse. Nancy Reagan passed away on March 6th, 2016, from congestive heart failure.
The Reagan Children
The Reagan Children
Maureen Elizabeth Reagan
January 4th, 1941 - August 8th, 2001
Micheal Edward Reagan
March 18th, 1945
(79 years old)
Patricia Ann Reagan
October 21st, 1952
(71 years old)
Ronald Prescott Reagan
May 20th, 1958
(65 years old)
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