Use the following magazine article excerpt to answer the question. did ronald reagan’s approach to economics work? would the same approach work today? nearly thirty-five years after former president reagan launched an attack on government spending and taxation, people are wondering if the same approach could be applied in light of today’s circumstances. during reagan’s term, inflation was indeed suppressed. the tax cuts did seem to impact and proceed the end of the recession. but, the government didn’t stop spending. in fact, the federal debt grew nearly tripled while regan was in office. supply-side economics proposes that when the supply of money, labor and services increase economic growth will naturally follow. this article might be considered topical if congress is contemplating an increase in personal income taxes a representative from the social security office announces that they will not adjust according to inflation rates an article proclaims that americans are facing an unemployment crisis all of the above

all of the above.

This article would be topical in any of these situations. The first scenario claims that Congress is contemplating an increase in personal income tax. The article is useful because it discusses the effects of tax cuts. The second scenario presents a case in which social security might not be adjusted according to inflation. The article discusses the policies that Reagan implemented in terms of government spending, which might prove useful. Finally, the third scenario discusses an unemployment crisis, and the article addresses the effects on economic growth of having a large supply of money, labor and services, all of which would be altered during an unemployment crisis.

the speech this question is referring to is president kennedy's special message to the congress on urgent national needs, may 25, 1961

kennedy responds in a very direct and concrete way to those thinking that communism is a positive system:

"yet their aggression is more often concealed than open. they have fired no missiles; and their troops are seldom seen. they send arms, agitators, aid, technicians and propaganda to every troubled area. but where fighting is required, it is usually done by others--by guerrillas striking at night, by assassins striking alone--assassins who have taken the lives of four thousand civil officers in the last twelve months in vietnam alone--by subversives and saboteurs and insurrectionists, who in some cases control whole areas inside of independent nations." (kennedy)

president kennedy presents communism as cowardly, as a hidden and treacherous weapon that strikes from the shadows like thieves, he represents the system as not even being capable of showing and open and overt attack or confrontation. to finish up the response, he expresses that the system attacks even a country's idependence and freedom.