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Decades of Corporate Greed

Decades of Corporate Greed. Introduction. Reagonomics – what is it? The two sides – what do they each believe?. Social Composition – One Side. Homelessness increased Crime increased Low income housing availability decreased Jobs losses for unskilled or low-skilled workers

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Decades of Corporate Greed

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  1. Decades of Corporate Greed

  2. Introduction Reagonomics – what is it? The two sides – what do they each believe?

  3. Social Composition – One Side • Homelessness increased • Crime increased • Low income housing availability decreased • Jobs losses for unskilled or low-skilled workers • Lack of health care • Increased hunger

  4. Social Composition – The other side • 18 million new jobs • Unemployment down • Social welfare payments increased

  5. Economic Composition • Corporate contributions increased • Helped economic expansion • Inflation and interest rates were low • Economy grew

  6. Political Composition • Congress didn’t follow Reagan’s budget proposal • Congress over spent • Figures didn’t accurately show what Reagan wanted to do

  7. Effect Reagan had on the 80s political climate • Left side – desperately hated Reagan • People – fully supported him • Division among the two parties

  8. Conclusion • Positive and negative results • Applied in other countries • Not as negative on social as initially thought • Popular worldwide

  9. References A BUM RAP. Richmond Times: http://proquest.umi.com/pqdlink?did=616012221&sid=1&Fmt=3&clientId=2606&RQT=309&VName=PQD Facts say Reaganomics worked. Times – Picayune:  http://proquest.umi.com/pqdlink?did=70233825&sid=4&Fmt=3&clientId=2606&RQT=309&VName=PQD

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