Ronald Reagan
Definition
Ronald Reagan was an American politician who served as the 40th president of the United States from 1981 to 1989. He implemented policies that reduced social spending, cut taxes, and increased defense spending which came to be known as "Reaganomics."
Analogy
Imagine Ronald Reagan as a strict gym coach who believes in tough love - cutting down on junk food (social spending), encouraging more exercise (defense spending), and giving out rewards for good performance (tax cuts).
Related terms
Reaganomics: Economic policies promoted by U.S President Ronald Reagan during 1980s which advocated tax rate reduction primarily for the rich to stimulate economic growth.
Cold War: A period of geopolitical tension between two superpowers, the United States and the Soviet Union, following World War II until 1991. Reagan's presidency was a significant part of this era.
Star Wars (SDI): Officially known as Strategic Defense Initiative, it was proposed by Reagan in 1983 to use ground-based and space-based systems to protect America from attacks by strategic nuclear ballistic missiles.
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