Ronald Reagan will be remembered for the initiatives he set in motion with his anti-statist rhetoric, and for changing through such language the current of our politics almost as dramatically as that current was changed in 1932. Government spending growth rate slowed during Reagan's presidency, but spending levels never actually fell. What is the pass marks for inter 1st year sanskrit. Reaganomics helped lower tax rates, unemployment, reduce regulations, and end the 1981-1982 recession. Inflation was lowered through monetary policy. — Ronald Reagan in his recently published diaries, May 17, 1986. Ronald Reagan's presidency has been the most important in a half-century, perhaps in a century. The most popular of our modern presidents, he has in his virtues and personal style symbolized our national character, not necessarily as it is, but as we wish it to be. 2. 1. Reaganomics was effective in the 1980s because it lowered historically high taxes. How community needs impact on career choices. Did Ronald Reagan raise taxes? 3. Unanswered Questions. Origins: It is often the case that a piece of satire hits so .