November 1, 1994 www.amazon.com watching the entire presentation: thefilmarchived.blogspot.com fiscal conservatism is a political term used in North America to describe a financial policy which claims to avoid deficit spending. Fiscal conservatives often as a reduction of total public expenditure and the national debt and ensuring a balanced budget of the utmost importance. Free trade, deregulation of the economy, low taxes, and other classical liberal policies are often associated withfiscal conservatism. Fiscal conservatism has been rhetorically promoted during the presidency of Ronald Reagan (1981-1989). During the term of Reagan was the maximum rate of income tax personnel from 70% to 28% in 7 years, while the increase in wages and tax rates effective in the two lowest income quintiles. Gross domestic product (GDP) a strong recovery after the recession of 1982 and grew during Reagan's remaining years of ownership at an annual rate of 3.4% forA little 'less than that of the years after World War II average of 3.6%. The unemployment rate has reached more than 10.7% percent in 1982, was then expressed while the rest of Reagan, and inflation has dropped significantly. The federal tax revenues almost doubled from $ 517 billion in 1980 to $ 1.032 billion in 1990. A net increase in jobs of about 16 million also occurred (the rate of population growth). According to a U.S. Treasury Department issued the non-partisan economic study of a major tax reform billsHow ...
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