At the end of his second year, (remember the Reagan recession?) Reagan's approval rating was 41 percent; after the Iran-Contra scandal was revealed, Reagan's approval rating stood at 46 percent. His approval rating for his entire presidency was lower than Kennedy's, Eisenhower's and even Johnson's, and at times he was one of the most unpopular presidents in recent history.
In 1982, the Congressional Budget Office found that taxpayers earning under $10,000 lost an average of $240 from Reagan's 1981 tax cuts, while those earning more than $80,000 gained an average of $15,130. By that fall, the jobless rate hit 10.1 percent-the worst in 42 years, and a year later 11.9 million were out of work. In 1983, the country's poverty rate rose to 15 percent, the highest level since the mid-'60s.
One of his most famous assertions was, "Trees cause more pollution than automobiles do." In 1985, Reagan praised the P.W. Botha's apartheid regime of South Africa for eliminating segregation.
2007-08-18
13:23:03
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15 answers
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asked by
Richard V
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