During his administration, President Reagan introduced the Trickle-down Economics, also known as Reaganomics, with the objective of reducing taxes on bussiness. In the short term, only bussines men were benefited by this policy. However, because of this tax reduction, companies had more money to invest in their bussines by opening more factories, for example, and, eventually, creating more jobs for the people in the US. Therefore, the whole US society was benefited by Reagan's policies.
