ELI5: what exactly did Reagan era policies do the American economy and culture?

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ELI5: what exactly did Reagan era policies do the American economy and culture?

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  1. RickKassidy Avatar

    Reagan had two major economic effects. First, he started the process of undermining the middle class with massive tax cuts for the wealthy (trickle down economics) and union busting. Second, he massively increased spending on the military that exploded the deficit, increased the national debt, and fed even more money into the wealthy.

    Culturally, he gave the Evangelical Christians a voice in government for the first time. This launched the pro-life movement and much of what we now call MAGA.