during the 1980s. The four pillars of Reagan's economic policy were to: reduce government spending, reduce income and capital gains marginal tax rates, reduce government regulation of the economy, control the money supply to reduce inflation. In his stated intention to cut back on domestic spending while lowering taxes, Reagan's approach was a departure from his immediate predecessors. Although his record is still debated, Reagan succeeded with lower marginal tax rates in conjunction with simp… (More on Reaganomics)