What were some of the effects of Reaganomics?

1 Answer
Sim W.
Jun 6, 2017

Unemployment decreased but inequalities widened

Explanation:

During the Reagan years the country knew a form of recovery which is seen as an effect of "trickle down" economics by those who support Reagan, nevertheless it is criticized for widening the gap between the rich and the poor. Some claim that the recovery occurred after the 1985 oil countershock and therefore that Reagan is not responsible for it.

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