Reagan made famous what he called the "economy pie." The economic pie represented the entire American economy. Reagan criticized government for taxing productive Americans to pay for every slice of pie that the government took and then used in ever more inefficient ways. All of this slicing left less of the economic pie for ordinary, taxpaying Americans who were earning their piece of the pie the old-fashioned way--with hard work.
Instead of following that failed mode, Reagan believed that we grew the economy--and increased the size of the pie--by helping the unproductive become productive.
He said: "The weakness in this country for too many years has been our insistence of carving an ever-increasing number of slices from a shrinking economic pie. Our policies have concentrated on rationing scarcity rather than creating plenty."
Instead of fighting over who gets the last piece of shrinking economic pie, let's help America produce a bigger pie so that everyone will have a chance to be better off.
Source: Last Line of Defense, by Ken Cuccinelli, p.226-228 , Feb 12, 2013
Doubled the national debt from $1 trillion to $2 trillion
One can imagine what Reagan would think of the spend-happy and micromanagerial "elite" in Washington today. When Reagan was elected in 1980, most Americans could look to a future in which their children would live better than their parents, and the national debt was less than a trillion dollars.
Reagan might have been criticized often for
Related Documents: Research Paper On The Economic Pie
immigrant. Illegal immigration has always been a part of our country, but it had not been a major negative issue until recently. Over 200 years ago, in 1795, the Naturalization Act restricted citizenship to “free white persons” who lived in the United States for a minimum of five years and cut all ties with their former country. To this day, we are still facing predominant immigration issues. In our factories and large companies, there are illegal immigrants working for lower wages than our citizens…
progressive era through the great depression had many turning points none more important than World War I (WWI) and Black Tuesday. These two events had tremendous impacts not only on US politics, economy, society and culture; they impacted them globally as well. Without these particular historical events the American/global landscape would be exceedingly different. Some believe WWI started a chain reaction that would lead to the Great Depression and eventually World War II. There were a few notable…
During this time you see the expansion of nationalism within the United States. It started mainly in the 1816 shortly before Monroe took office, and lasted until the end of his Presidency in the year of 1824. Before the “era of good feelings” there were certain events taking place that will lead up to this era. The first of these is the acquired land of the Louisiana Purchase from the French. Through this the United States was able to double its land. The gained independence from this purchase…
country has seen some of the most dramatic changes in technology, the economy, and global dominance to ever occur in America’s history. Times were good during the 1920s as the economy was booming and unemployment was low. However, the market was being overinflated and the pace of economic growth could not be sustained and in 1929 the stock market started dropping significantly. The entire country turned into a panic and the whole economy was being dragged down while unemployment skyrocketed. During the…
APUSH To what extent was late nineteenth-century and early twentieth-century United States expansionism a continuation of past United States expansionism and to what extent was it a departure? Throughout the history of the United States, America had a desire to expand its boundaries. The United States acquired most of it's land during the nineteenth and early twentieth century with a brief break during the Civil War and Reconstruction. However, the way America went about graining new lands…
Delia Higgins 6/24/13 HIS204: American History Since 1865 Instructor: Kimberly Hornback The economy The Economy What I thought was amazing is what I knew was wrong. The economy in general is really bad no matter how you look at. I choose the economy as my topic because I knew it was something that I can relate to. I knew that every event that I choose in some way I could kind of relate to it. No matter what year it is the economy is the economy. The events that I choose to talk about in…
force and 8% of legislators, senior officials and managers, according to the United Nations Statistics Division. Qatar has the region's second highest percentage of women in higher education -- 63% of the university population, and 93% literacy among women. However, women make up just 12% of the labor force and only 7% of legislators, senior officials and managers, the same statistics show. In Europe and the United States, women also make up the majority of university graduates -- 60% according to…
intensified, and guns drawn as United States Border Patrol Agents raid a number of warehouses south of San Diego. Seventeen tons of marijuana and over four hundred yards of four foot by three-foot tunnels twenty feet underground were discovered. With dangers ranging from illegal narcotics to terrorists penetrating the border, the demand for defense along the border has increased dramatically. An average fifty billion dollars worth of illegal drugs enter the United States, making up to sixty-three percent…
Overseas Position Paper 3/7/13 What is offshoring? Offshoring is when a company moves its production overseas. Work is sometimes offshored in order to cut labor expenses. Other times, work is offshored for strategic reasons for such reasons as to enter new markets or to skirt regulations that prevent specific activities domestically. “During the last three decades, domestic manufacturing employment of U.S.-based multinational corporations have fallen steadily between 1982 and 1999, and foreign manufacturing…
After WWI, people returned home with a new enthusiasm and optimistic views. The “American Dream” became a reality for many people because of their luck with the Stock Market. This became a time of prosperity and confidence. Women gained more and more rights, many incredible inventions were created, like the airplane, and most importantly, the war was finally over. But with the return home many problems started to arise, although, no one could have predicted that so many would lose more than they…