what was the name given to his approach to fixing the economy?
Reaganomics.
Ronald Reagan
 Reaganomics was the subject of debate with supporters pointing to improvements in certain key economic indicators as evidence of success, and critics pointing to large increases in federal budget deficits and the national debt. His policy of "peace through strength" resulted in a record peacetime defense buildup including a 40 percent real increase in defense spending between 1981 and 1985.
who was president of the us in 1985 Ronald Wilson Reagan . where was he born? Tampico, Illinois. did he have a career in movies prior to entering politics? Yes, he signed a deal with the Warner Bros. studios. what has he acted in? "Love Is on the Air", "Dark Victory", "Santa Fe Trail", and "Knute Rockne, All American". which state was he the governor of? California. who was president of the country before him? Jimmy Carter. what is the other title given to a person holding this office? The commander -in-chief. what are they the commander of? Of the United States Armed Forces. what does this role entail? It gives the ultimate responsibility for the direction and disposition of the military. what is the highest ranking given to a person in the afore-mentioned armed forces? A five-star rank. are they ever posted to other countries? Yes, as of 31 December 2010, U.S. Armed Forces troops were stationed in 150 countries. can you name a few of those? Afghanistan, Germany, South Korea, Japan, Italy and the United kingdom. did the previously mentioned president focus on wiping out any epidemic? According to some, the Reagan administration ignored the epidemic. However, the government claimed that the federal funding for AIDS-related programs rose over his presidency.
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Ronald Reagan [SEP] "Reaganomics" and the economy
His policy of "peace through strength" resulted in a record peacetime defense buildup including a 40 percent real increase in defense spending between 1981 and 1985. During Reagan's presidency, federal income tax rates were lowered significantly with the signing of the Economic Recovery Tax Act of 1981, which lowered the top marginal tax bracket from 70 percent to 50 percent over three years (as part of a "5–10–10" plan), and the lowest bracket from 14 percent to 11 percent. Other tax increases passed by Congress and signed by Reagan ensured however that tax revenues over his two terms were 18.2 percent of GDP as compared to 18.1 percent over the 40 years of 1970–2010.