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Reagan plan sparks debate over high hope and risk
The Reagan economic program aims to accelerate growth, cut inflation in half by 1983, and lower unemployment, financed by budget cuts and tax reductions. Critics warn it may worsen inflation or push up interest rates if deficits rise, while supply side theory argues faster growth can curb inflation with strict money control.
MENTIONED IN THIS ARTICLE
Washington
Ronald Reagan
Reagan
Walter Heller
Kennedy
Johnson
Murray Weidenbaum
Federal Reserve Board
U.S
Norman Ture
Treasury
Ture
Heller
Barry Bosworth
Federal Reserve