In 1980, Ronald Reagan was elected as the 40th president and reelected in 1984 after overcoming the stagflation that the United States of America had faced previously to his election. Reagan improved all of the economic recession by a strategy called reaganomics. The Reaganomics consisted on cutting the taxes of big companies to increase investment, expecting to reduce unemployment. The lower taxes led the big companies a great opportunity for expansion and progress. The economic boom after the Reaganomics was Reagan's victory for the reelection.
