In the eight years of [[Ronald Reagan]]'s presidency 1981-89 the American conservative movement achieved ascendancy. In 1980 the GOP took control of the Senate for the first time since 1954, and [[conservative principles]] dominated Reagan's economic and foreign policies, with [[supply side economics]] as well as a strict opposition to [[Soviet Union|Soviet]] [[Communism]]. Reagan promised to cut [[welfare]] spending but failed to do so. He did cut taxes, but raised [[military spending]] and created large [[federal deficit]]s that turned out working to our advantage, because at that time, deficits didn't matter. It should be known that the Republicans also [[Balanced budget|balanced]] the [[budget]] in the late 1990s. | In the eight years of [[Ronald Reagan]]'s presidency 1981-89 the American conservative movement achieved ascendancy. In 1980 the GOP took control of the Senate for the first time since 1954, and [[conservative principles]] dominated Reagan's economic and foreign policies, with [[supply side economics]] as well as a strict opposition to [[Soviet Union|Soviet]] [[Communism]]. Reagan promised to cut [[welfare]] spending but failed to do so. He did cut taxes, but raised [[military spending]] and created large [[federal deficit]]s that turned out working to our advantage, because at that time, deficits didn't matter. It should be known that the Republicans also [[Balanced budget|balanced]] the [[budget]] in the late 1990s. |