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