Portal:Conservatism/Selected article/1
Ronald Reagan (1911–2004) was the 40th president of the United States from 1981 to 1989, after having a career as governor of California and in Hollywood.
Early in his presidency, Reagan implemented sweeping new political and economic initiatives. His supply-side economic policies, dubbed "Reaganomics", advocated reducing tax rates to spur economic growth, controlling the money supply to reduce inflation, deregulation of the economy, and reducing government spending. In his first term he survived an assassination attempt, took a hard line stance against labor unions, and ordered the 1983 invasion of Grenada. The next year, he was reelected in a landslide. His second term was primarily marked by foreign matters, including the 1986 bombing of Libya, and the revelation of the Iran–Contra affair, and the end of the Cold War.