Ronald Reagan

Born: 6 February 1911
Dead: 5 June 2004
In: Bel Air, Los Angeles, California, Stati Uniti


Short description:

He was an American politician who served as the 40th president of the United States from 1981 to 1989.
Prior to his presidency, he was a Hollywood actor and union leader before serving as the 33rd governor of California from 1967 to 1975.
Soon after taking office, Reagan began implementing sweeping new political and economic initiatives.
His supply-side economic policies, dubbed "Reaganomics", advocated tax rate reduction to spur economic growth, economic deregulation, and reduction in government spending.
In his first term he survived an assassination attempt, spurred the War on Drugs, and fought public sector labor.
Over his two terms, the economy saw a reduction of inflation from 12.5% to 4.4%, and an average annual growth of real GDP of 3.4%.
Reagan enacted cuts in domestic discretionary spending, cut taxes, and increased military spending which contributed to increased federal outlays overall, even after adjustment for inflation.
Foreign affairs dominated his second term, including ending the Cold War, the bombing of Libya, the Iran–Iraq War, and the Iran–Contra affair.
In June 1987, four years after he publicly described the Soviet Union as an "evil empire", Reagan challenged Soviet General Secretary Mikhail Gorbachev to "tear down this wall!", during a speech at the Brandenburg Gate.
He transitioned Cold War policy from détente to rollback by escalating an arms race with the USSR while engaging in talks with Gorbachev.
The talks culminated in the INF Treaty, which shrank both countries' nuclear arsenals.
Reagan began his presidency during the decline of the Soviet Union, and the Berlin Wall fell just ten months after the end of his term.
Germany reunified the following year, and on December 26, 1991 (nearly three years after he left office), the Soviet Union collapsed.


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