View Full Version : (Podcast) President Reaganís Economic Recovery Tax Act of 1981

02-07-2009, 11:22 PM
“One of the most remarkable demonstrations of presidential leadership in modern history.” ~ The Washington Post

On August 13, 1981, President Reagan’s signed into law the largest tax cut in American history. The 1981 tax legislation reduced taxes across the board by 26 percent over a three-year period. The Economic Recovery Tax Act of 1981 radio address includes question and answer session with reporters.

Together with Reagan’s anti-inflation program, the tax cut was the centerpiece of the “Reagan Revolution.” Its effects proved to be momentous. After a brief recession in 1982, the U.S. economy turned around in 1983 and has continued to grow ever since. The “Reagan Boom,” as columnist James Glassman termed it, has produced widespread prosperity and even helped to create a budget surplus in recent years.

This speech took place at the Reagan Ranch, Rancho del Cielo, in Santa Barbara, California.


(sorry sound is broken)



02-07-2009, 11:28 PM
hopefully the YAF will get the audio fixed on the first one soon . . . .