High Quality Content by WIKIPEDIA articles! The Domestic policy of the Ronald Reagan administration was the domestic policy in the United States from 1981 to 1989 under President Ronald Reagan. It retained conservative values economically, beginning with the president`s implementation of his supply-side economic policies, dubbed Reaganomics by both supporters and detractors. His policies included the largest tax cut in American history, as well as increased defense spending however he raised taxes significantly four times due to economic conditions and reforms . Notable events included his firing of nearly 12,000 striking air traffic control workers and appointing the first woman to the Supreme Court bench, Sandra Day O`Connor. He believed in federalism, and passed policies to encourage development of private business, routinely criticizing and defunding the public sector. He greatly accelerated the nation`s War on Drugs.