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| Topic: |
Biographies
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| Number of pages / Number of words: |
4 / 1107 |
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Reagan blamed Carter for weaknesses in foreign policy and a weak army. During the time of the election Reagan had great public support, which made it easier to push his program through congress.
When Reagan became president he started out in a recession. 11 percent of the work force was unemployed in fall, 1982...
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11 percent of the work force was unemployed in fall, 1982. This recession reduced inflation significantly, but the interest rates remained high. During the next two years the economic recovery began. The unemployment came down, but thousands of factory jobs disappeared. The new jobs, which were mostly in service industries, paid less, leaving inflation low...
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