Reagan's economic policy were to reduce the growth of government spending, reduce the federal income tax and capital gains tax, reduce government regulation, and tighten the money supply in order to reduce inflation.
A guiding principle of the Articles was to preserve the independence and sovereignty of the states. The weak central government established by the Articles received only those powers which the former colonies had recognized as belonging to king and parliament.
Articles of Confederation - Establishing the Government
Each state had one vote.
Each state retained all powers not
expressly delegated to Congress.
Delegates to Congress were to be appointed by state legislatures.
States would not be deprived of western lands.
