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In one of his most famous challenges to Soviet communism in Europe, Reagan gave a speech in front of the Brandenburg Gate in West Berlin in which he said, "Mr. Gorbachev, tear down this wall." However, critics noted that Gorbachev, as the leader of the Soviet Union, did not actually have the final say in the status of the Berlin Wall, since it was located entirely on the territory of the German Democratic Republic (East Germany), and thus at the discretion of East German party leader Erich Honecker, who stubbornly resisted Gorbachev's exhortations for reform.
In one of his most famous challenges to Soviet communism in Europe, Reagan gave a speech in front of the Brandenburg Gate in West Berlin in which he said, "Mr. Gorbachev, tear down this wall." However, critics noted that Gorbachev, as the leader of the Soviet Union, did not actually have the final say in the status of the Berlin Wall, since it was located entirely on the territory of the German Democratic Republic (East Germany), and thus at the discretion of East German party leader Erich Honecker, who stubbornly resisted Gorbachev's exhortations for reform.
Reagan's economic policies became known as "Reaganomics." This policy, based on supply-side economic theory, believed tax cuts for the rich would stimulate consumer spending, which would cause this money to trickle down to the poor. In the 1980 Republican primary debates, George H.W. Bush, later Reagan's running mate and successor as president, criticized Reagan's "trickle-down" policies as "voodoo economics." Other criticisms of Reaganomics stressed the inefficiency by which it proposed to put more money in the pockets of the lower classes, since it would have been more effective to give tax breaks and other monetary incentives directly to its intended lower-class beneficiaries.
Reagan's economic policies became known as "Reaganomics" based the idea tax cuts would spur savings ansd investment. In the 1980 Republican primary debates, George H.W. Bush, later Reagan's running mate and successor as president, criticized Reagan's "trickle-down" policies as "voodoo economics."
==Early Life==
==Early Life==