Topic > President Jimmy Carter and Big Government Spending

Although Carter was a nice man, being president was not the job for him. His large government spending and policies were responsible for driving our fragile country into one of the worst economic recessions ever seen. However, all this changed in January 1981, when President Ronald Reagan was sworn in and came to our country's rescue. Reagan stepped in ready to repair the deep scars left behind by presenting an economic plan, Reaganomics, in hopes of saving our sinking country. While many may say that Reagan's conservative ways were aimed at benefiting the upper class, this was not the case. In 1981, President Carter placed Ronald Reagan in office at a vulnerable time for the country. America was in an economic recession where inflation was at a high of over 13% and unemployment was sky high. The unfortunate mix caused the problem of stagflation. Stagflation, which was simply the result of high prices and unemployment with zero economic growth, showed Reagan that change would be vital to bringing our country back to life (Gramm, Phil). A cure for this included two things: tightening the budget to control inflation and promoting growth by cutting taxes (Bartley, Robert L.). Although Reagan was once a liberal Democrat in Roosevelt's time, he switched sides in 1962 and became a major conservative supporter of Richard Nixon (“Ronald Reagan”). Reagan's philosophy was not simply to save people with government as FDR had intended, but to save people from government (Armstrong, Jennifer). He firmly believed in small government and realized that unlimited government was a major reason behind the collapse of the nation. Democrats are mostly in favor of big government with big spending on economic downturn and the master plan put in place by Reagan was necessary and very beneficial to everyone. There is no doubt that Reaganomics caused a long prosperous economic era, thus helping both the upper and lower classes. In his telephone interview he says: “I don't think it's right for anyone to suggest that they haven't benefited from this recovery” and he's right (Telephone Interview). America has gone through difficult times, but with the help of great political leaders it has been revitalized and renewed. His tax cuts were justifiable with his supply-side economic theory and his budget managed to remain intact thanks to cuts to social programs, invented elsewhere. Not only was Reaganomics responsible for saving America at a desperate time during Reagan's administration, but it had positive and lasting effects for years to come, leaving the economy booming..