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In one of his most famous challenges to Soviet Communism in Europe, he publicly uttered the words, "Mr. Gorbachev, tear down this wall," before the tearing down of the Berlin Wall separating East and West Germany. He also introduced the idea of "Reaganomics" in which the rich would spend money which would trickle down to the poor.

In one of his most famous challenges to Soviet Communism in Europe, he publicly uttered the words, "Mr. Gorbachev, tear down this wall," before the tearing down of the Berlin Wall separating East and West Germany. He also introduced the idea of "Reaganomics" in which the rich would spend money which would trickle down to the poor.