Ronald Wilson REAGAN
1981 - January 20 - Ronald Reagan (1911-2004) beomes 40th President of the United States

Ronald Reagan, the 40th President of the United States, served from 1981 to 1989. His presidency was marked by significant changes in American politics and policy, often described under the umbrella term "Reaganomics." This economic strategy focused on tax cuts, deregulation, and reduced government spending to stimulate economic growth. Reagan also increased defense spending, which contributed to the end of the Cold War by exerting pressure on the Soviet Union. His administration saw major events such as the Strategic Defense Initiative, tax reform, and the Iran-Contra affair. Domestically, Reagan's policies led to a period of economic growth but also increased national debt and income inequality. His presidency left a lasting impact on the conservative movement and American politics.


January 20, 1981

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