Question

(close reading) according to reagan, what effects did economic policies have?

Answer 1

According to Reagan, economic policies could cause war and a rise in inflation which would result in the economy collapsing. Despite those opinions, he claims that it did more help than harm by bringing about the longest peacetime expansion in the history of the country. For instance, real family income up, the poverty rate dropped, entrepreneurship boomed, and new technologies boomed.