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25 July, 15:08

Reagan's economic policies would triple the national debt, increase split between rich and poor and cause these. 1. Large deficits2. Lower interest rates3. Senate approvals

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  1. 25 July, 15:59
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    When economic policies lead to huge national debt, the consequences would be large budgetary deficits. This comes about when Government expenditure is way more than tax revenue. Which is a problem because the Government cannot honor its obligations to its subjects.
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