Essay on Ronald Reagan Essay Samples and Topic Ideas

Reagan and president Obama had their own different approaches to budgeting. Comparing presidents Ronald Reagan and Barrack Obama approaches to budgeting, it is clear that both relied on deficits of the budget in order to fuel the economy (Stein & Jamieson, 2014). The approaches to budgeting by the two leaders showed a lot of differences, for instance even though both presidents relied on the deficits to control the economy; the deficits by Reagan were smaller compared to those of Obama. During the first term of Reagan presidency the deficit was only 4.3% of the GDP as compared to 9.1% of Obama’s first term. President Obama seems to have relied so much on the expanded federal expenditures;...