Download presentation
Presentation is loading. Please wait.
2
Productivity decreases Unemployment rate increases Inflation from 1.6% to 9% Interest rate increase Government Increased Role 1. Regulation increase 2. Money Supply increase
3
Reduce the Inflation rate 1. Federal Reserve reduced the rate of money growth 2. Followed by a decrease in interest rates Increase Economic Growth 1. Increased employment, spending, saving, and investment Reduced role of Federal Government and an enhanced role for State and Local Government
4
Cutting growth rate of Federal spending Reducing personal income tax rates Creating jobs by increasing the depreciation rate for business investment and equipment In cooperation with the Federal Reserve, making a new commitment to monetary policy that will restore a stable currency and healthy financial markets
5
Encouraging people to work, save, and invest more 1. Income tax cuts for 3 years 2. Cutting top tax bracket from %70 to %50 3. Tax cuts will put an end to making inflation profitable for federal government
6
By executive order all regulatory activity is subject to review by the Executive Office of the President President Reagan’s support for a gradual and less volatile reduction in the growth of the money supply to decrease inflationary pressures
7
Policies enacted have substantially reduced inflation Anti-inflationary policies have lowered the interest rates Policies that are in place should lead to a vigorous economic recovery in 1982 “The private sector works best when the Federal Government intervenes least”
Similar presentations
© 2024 SlidePlayer.com Inc.
All rights reserved.