Question

Read the following excerpt 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.
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.

Answer 1

Answer:

The N.Y. Times in the 90´s: ´The country is suffering a hangover from the mergers, rampant speculation, overbuilding, heavy borrowing and irresponsable government fiscal policy in the 80´s.¨

Explanation:

As Reagan makes clear in his speech his focus was on reducing government costs on one side and tax reductions on the other. The tax reductions sirved only the wealthy part of the nation.

Reducing costs had of course a tremendous social impact. But also in some cases it worked contraproductive: as the leaks in the Chicago underground tunnels were not fixed (estimated costs $ 10.000) in the 80´s ,due to the saving obsession of the government,  the net effect was that in the 90´s the costs of repairing them rose to almost a billion.