Rankings of Presidents Based on Domestic Policy and Foreign Policy

Reaganomics was economics policies which were propelled by United States President, Ronald Reagan during 1980s. These policies were based on fours pillars namely; reduction of the growth of government spending, reduction of income and capital gains marginal tax rates, reduction of government regulation of economy, and controlling of the money in supply so as to reduce inflation. Their basic aims were to lower taxes and create a leaner government. According to Reagan his decision was informed on stimulation of the economy taxes, financed by borrowing. Lowering taxes was aimed at reviving the economy, which in turn would see the increased tax revenues being used to offset the debts incurred (Niskanen

Ronald Reagan, President of the United States from 1981 through 1989, created economic policies throughout his presidency that aimed to pull the United States out of a recession. His policies, called Reaganomics, reduced government spending and reduced tax rates in order to foster economic growth. Reagan also appointed many conservative judges to the Supreme Court and federal courts in order to shift ideologies to the right. Because of this, Reagan was both underrated and overrated as a president.

    During Reagan’s presidency he took economics seriously. He made efforts to lower Government spending as well as regulation, taxes, and prosperity. He would lower government expenditure because it would create room to decrease taxation. By decreasing income revenue it created more money for people to spend which would stimulate the economy. Reagan fought hard for helping out the economy.

In addition, Reagan’s 1981 Program for Economic Recovery had four major policies, which are: to reduce the growth of government spending, reduce the marginal tax rates on income from labor and capital, reduce regulation, and to reduce inflation by controlling the growth of the money supply (Niskanen). Reagan’s Economic Recovery Program, also known as Reaganomics, was the most serious recession of the U.S. economic policy since Franklin D. Roosevelt’s New Deal (Niskanen). However, according to historian, Eric Foner, there have been many issues with Reaganomics since the new policies, rising stock prices, and deindustrialization inevitably resulted into the rise of economic inequality, also known as the second gilded age (Foner 832).

Lyndon B. Johnson had only served one term, but he surprisingly accomplished a lot during his only term. Johnson had the ability to pass the acts that Kennedy created during his time in office. Some of these accomplishments include: Medicare and Medicaid, Education acts, and the Civil Rights acts. In order to continue his war on poverty, he established Medicare and Medicaid to aid poor families and the elderly. To further help families in need, as well as children, Johnson passed education acts to fix and create more public schools in poor areas. Lastly, civil rights acts were passed to give better opportunities for blacks within the United States. While these acts were based on Kennedy's ideas, Johnson found the way to put them into place.

Apart from just education, he created several programs such as Head Start, food stamps, Work Study, Medicare, and Medicaid to challenge the “War on Poverty”. He also supported the liberal arts which led to the National Endowment for the Humanities and the National Endowment for the Arts. Lastly, he managed the first manned flight to the moon. LBJ was also known for this work in foreign policy.

Reagan had the same economic problems that his predecessor Jimmy Carter faced as president. One of these problems was very bad inflation in the economy.

Kennedy had adviced progressive taxation, anti-crime bills, the extension of social welfare, and more low-cost public housing. “He had also proposed new social programs such as medical care to the elderly, urban mass transit department of urban affairs regional development in Appalachia and federal aid to educate” (history.com). Though the department of urban affairs had been rejected and the major medical program for the elderly being shut down, he still was able to manage minimum wage for the community. Though his attempts to act taxes and broaden civil rights were watered down, he changes his attitude towards religion, He was the first Catholic president so he has loosen up to advance Jews into high government

Reagan implemented policies based on supply-side economics and advocated a classical liberal and laissez-faire philosophy, seeking to stimulate the economy with large, across-the-board tax cuts. Reagan’s outlook on economics was what he and the public called “Reaganomics”. “The blueprint for “Reaganomics,” was a sketched out supply-side approach to the economic, including massive cuts in income taxes, capital gains taxes, and corporate taxes,”(340). His platform advocated reducing tax rates to spur economic growth, controlling the money supply to reduce inflation, deregulation of the economy, and reducing government spending. Reagan's policies proposed that economic growth would occur when marginal tax rates were low enough to spur investment, which would then lead to increased economic growth, higher employment, and wages. Reagan’s beliefs on cutting taxes were supported by ideas of William Sumner who believed that the best equipped to win the struggle for existence was the American businessman, and concluded that taxes and regulations serve as dangers to his survival. Reagan believed strong nations were composed of people who were successful at expanding their empires and these strong nations would survive in the struggle for dominance.

He inherited a misery index (the sum of the inflation and unemployment rates) of 19.99%. Under Reaganomics, sixteen million new jobs were created, and helped fuel an economic boom that lasted two decades. At the same time, not only did he cut tax rates, but the Tax Reform Act of 1986 simplified the income-tax code by eliminating many tax shelters, reducing the number of deductions and tax brackets. After years of drowning in unemployment, high taxes, and a slow economy, America was finally looking up. Ultimately, one of the reasons Reagan was the best president was because of his attentive ears for the public.

Lyndon B. Johnson was the 36th President of the United States from the Democratic Party. He was a firm supporter of peace and equal rights of all citizens, and throughout his presidency he used his popularity to pass legislations protecting voting rights, the environment, fighting crime, preventing poverty, as well as improving education for all citizens no matter what race. His long-term objective as president was to “usher in a new way of life” (National 1) called the “Great Society”. The overall idea was to urge citizens to treat others equally no matter what race.

As President, Ronald Reagan encountered many significant events; from surviving an assassination attempt, to the space shuttle Challenger disaster. Perhaps the most significant event was the economic downturn. He came to office (much like President Obama) in the midst of an economic crisis; however, President Reagan was able to turn the economy around. How did he do this? In order to answer this question, you must first ask what the economy was like when he was sworn into office, how his policy changed from the prior administration’s policy, and how it contrasts our present economic policy.

Lyndon B. Johnson’s is a name that is rarely spoken today. He is a man whose legacy is often rarely given examination and emphasis by pre-college academia and in the public light except during anniversary oriented civil rights celebrations. His actions during his political career and during his presidency has produced long lasting social and civil rights reforms that have endured more than half a century later. These reforms have produced and have been the backbone of social support program since their inception. Social programs such as Medicare, Medicaid, equal

As Johnson campaigned in 1964 he challenged Americans to build a "Great Society". The main goal of the "Great Society" is to eliminate poverty and racial injustice. Some of the programs from the Great Society that are still around to this day our Medicare, Head Start, and Urban Renewal. The programs were designed to address education reform, racial discrimination, and health care for seniors

Johnson was raised in Texas with the experience of what it was like to live in poverty. With this background he created a goal to create a “Great Society” and this was a direct war on poverty itself in the nation. The first move Johnson made to combat poverty was the Economic Opportunity Act. This act added social programs such as Head Start, VISTA, work training programs, and Job Corps. Johnson created the Elementary and Secondary School Act in 1965 to direct money into the school systems that served children in poverty. This was furthered by the Equal Opportunity Act of 1968 to build a way for children from impoverished backgrounds to attain higher education. Another approach that Johnson took to combat poverty was in the medical field. Johnson