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Reagan focused his first months in office on two goals, tax reforms and increased military spending. During Reagan's first term, the nation fell into a recession that lasted from 1981 to 1982, with unemployment remaining high, as much as 10%, during 1982 and 1983.eagan focused his first months in office on two goals, tax reforms and increased military spending. During Reagan's first term, the nation fell into a recession that lasted from 1981 to 1982, with unemployment remaining high, as much as 10%, during 1982 and 1983.
The House of Representatives passed the Defense Appropriations Act 411â0 on December 8, 1982 and it was signed by President Ronald Reagan on December 21, 1982. The amendment outlawed U.S. assistance to the Contras for the purpose of overthrowing the Nicaraguan government, while allowing assistance for other purposes.