Abstract
Ronald Reagan was the 40th President of the United State of America from 1981 to 1989. After the first mandate, he was re-elected in November 1984 and took the oath of office on January 20, 1985. President Ronald Reagan's second Inaugural Address was delivered on January 21, 1985 in the White House. Ronald Reagan was born in Tampico, Illinois, in 1911. He was first a sportscaster and then drew fame as an actor in Hollywood. He began his political career in the fifties (as a Republican) and was elected as the Governor of California in 1966 and 1970. In 1980, he succeeded Raymond Carver as President of the United States, a span of time characterized by severe economic crisis at home and conflict with the Soviet Union. With regard to economic affairs, Reagan adopted an extensive policy to fight against recession and increasing inflation. At the end of his first mandate, the budget deficit was enormous but on the other hand, the unemployment rate was much lower than in 1980 and inflation was over.
