Together, we not only cut the increase in government spending nearly in half, we brought about the largest tax reductions and the most sweeping changes in our tax structure since the beginning of this century. And because we indexed future taxes to the rate of inflation, we took away government’s built-in profit on inflation and its hidden incentive to grow larger at the expense of American workers.
Together, after 50 years of taking power away from the hands of the people in their States and local communities, we have started returning power and resources to them.
Together, we have cut the growth of new Federal regulations nearly in half. In 1981 there were 23,000 fewer pages in the Federal Register, which lists new regulations, than there were in 1980. By deregulating oil we’ve come closer to achieving energy independence and helped bring down the cost of gasoline and heating fuel….
No one pretends that the way ahead will be easy. In my Inaugural Address last year, I warned that the “ills we suffer have come upon us over several decades. They will not go away in days, weeks, or months, but they will go away… because we as Americans have the capacity now, as we’ve had it in the past, to do whatever needs to be done to preserve this last and greatest bastion of freedom.”
President Ronald Reagan’s State of the Union speech, 1982
The economy will face difficult moments in the months ahead. But the program for economic recovery that is in place will pull the economy out of its slump and put us on the road to prosperity and stable growth by the latter half of this year. And that is why I can report to you tonight that in the near future the state of the Union and the economy will be better — much better — if we summon the strength to continue on the course that we’ve charted.
1. Read the following excerpt above from President Ronald Reagan’s State of the Union speech in 1982. This speech was given after Reagan had been president for about a year. Then answer the question.
In a paragraph of 3–5 sentences, summarize how Reagan changed the role of government and evaluate whether his policies benefited the country. Give 2–3 specific examples of policies during the Reagan era that addressed the problems Reagan mentioned in his Inaugural Address.
2.In a paragraph of 3–5 sentences, explain how Reagan was able to avoid direct blame for the Iran-Contra affair?
3.In a paragraph of 3–5 sentences, identify the most important achievements of Bill Clinton’s administration and explain what limited him from achieving all of his goals. Provide 2–3 specific examples of his policies and their importance
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