Program for Economic recovery'- economic growth through improvements in productivity.
Major tax cuts and reduction of $35b in public spending. 1981 Ombibus Reconcilliation Act and Economic Rcovery Tax Act, cut spending on over 300 programme, resulting in $963 billion over the period 1981-87. Income tax was cut by 25%
GNP growth 11% between 1981 and 1984.
15% of the popultion considered poor by 1982.
Department of Housing and Urban Development was cut by 57%. By 1987, 42/50 states had introduced work based benefit payments.
Office of Surface Mining lost 40% of its workforce ebtween 1981 and 1982.
PATCO- 11,300 members went on strike- demanded all air traffic controllers return to work within 48 hours or get sacked.
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