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“I see an American economy and an America on the mend”, said President Reagan. 1982 was the USA's best inflation fighting year in a decade. Consumer prices rose only about 4.5 percent last year, the lowest since 1973's 3.4 percent. Reagan wants a simpler USA income tax, still following his campaign promises. The votes are not all in when it comes to some critical issues of President Reagan's original campaign; vetoing liberal causes; building popular support for the deep cuts in non-defense spending essential to fight inflation; encourage productivity; and hold down unemployment and high interest rates. Conservatives and liberals criticize him for opposite stances but time will tell if the outstanding positive trends will accentuate and boost Ronald Reagan's deserved upswing in popularity. Our President is looking younger and better than when he took office and that gives him an A+ in correct diet, exercise and endurance. End of the Second year report card. |
