What is the fiscal policies in the U.S. during 1980 to 1990 and the time period in relation to their effects on macroeconomic issues?

From 1980 to 1990, the US was facing downturns in economic activities such as weak economic growth, high inflation rate, and rising unemployment rate.

United States government used expansionary fiscal policy such as increased government spending and cut the tax rate, and in some ways cuts the spending to reduce the inflationary gap, which helps to increase the aggregate demand in the country.

The United States used both short-run and long-run fiscal policy to stabilize the economy and improve the cyclical downturns. There were mixed policies that are difficult to implement due to many problems such as the recession of 1974-75, and so on.

This mixed strategy had an efficient impact on the growth of the United States and results in significant fiscal consolidation during the 1990s. Fiscal policy played a significant role in the economic growth of the United States as it booms the stock market also.