Why did the newly elected President Reagan choose to celebrate wealth?

The newly elected President Reagan choose to celebrate wealth by Reagan believed in policies based on supply-side economics and advocated a laissez-faire philosophy, seeking to stimulate the economy with large, across-the-board tax cuts. Reagan pointed to improvements in certain key economic indicators as evidence of success.

Explanation:

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the court ruled that a state law that banned abortions (except to save the life of the mother) was unconstitutional

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