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Reagan, Bush, Clinton

Reagan, Bush, Clinton. 1981-93. Carter-Democrat Issues: Iranian Hostage Crisis Inflation “malaise”. Reagan-Republican Anti-communist Anti-big gov’t Strong America Results: Big win for Republicans Inaugural Address. 1980 Election. Economics—”Reaganomics” Supply Side Economics.

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Reagan, Bush, Clinton

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  1. Reagan, Bush, Clinton 1981-93

  2. Carter-Democrat Issues: Iranian Hostage Crisis Inflation “malaise” Reagan-Republican Anti-communist Anti-big gov’t Strong America Results: Big win for Republicans Inaugural Address 1980 Election

  3. Economics—”Reaganomics”Supply Side Economics • Key Ideas • 1-cut spending on social welfare • $35 bil Food stamps, mental health, ss • 2-cut taxes • Individual taxes, estate & business • More for rich than poor • 3-use tax incentives to stimulate growth in the economy • Money will “ trickle down” from business owners to workers • Get rid of 11% unemployment

  4. More On Economics • 4-balance the budget • 1982-$100 bil deficit • 1980’s—add $200 bill to debt every year • By end of Reagan era--$2 tril debt • 5-increase military spending to “get tough” with USSR & Iran • 6-Increase Gov’t borrowing—Increases Int. rates • 7-War on Drugs

  5. RESULTS OF ECON POLICIES • 1-income gap between rich & poor • “Yuppies”—Young, Urban, Professionals • 2-huge national debt • 3-more people face uncertain job prospects • 4-huge trade deficit

  6. FOREIGN POLICY • 1-Cold War • “focus of evil in the modern world”-USSR • 2-Mideast • Israel invades Lebanon • 3-Central America • Nicaragua, El Salvador, Grenada • 4-Libya • US bomb in 1986—Qaddafi supports terrorism • 5-Philippines • Support more Democratic Aquino vs. Marcos (corrupt0

  7. Rep-Reagan Successful patriotic Dem-Mondale VP for Carter VP-Geraldine Ferraro Reagan-overwhelming victory! 1984 Election

  8. Relations with USSR • Gorbachev-new leader • Perestroika • Glasnost • Improve economy; shrink military • Stop Cold War

  9. The “Teflon” President • Scandals • 1-Savings & Loan • 3rd world bank loans not repaid • Gov’t Bailout--$500 bill • Oct. 1987-”Black Monday” • 2-Iran-Contra • Oliver North • Sell arms to Iran in return for Iranian aid to get release of hostages • $ then goes to Contras in Nicaragua • Goes against Congress • Reagan—”never negotiate with Terrorists”

  10. Other Issues • 1-Religious Right • Moral Majority-Jerry Falwell • Anti-abortion, anti-gay, anti-women’s rights • “identity politics” • 2-Courts • Sandra Day O’Connor-1st female • Increase limits on affirmative action • Abortion • Restrictions—parental notice; time

  11. Rep-George Bush “coattails” Tax cuts Tough on crime Great experience VP Ambassador to Un Yale CIA director Dem-Michael Dukakis Others—scandal Too “dry” Bush wins easily 1988 Election

  12. Communism Falling • 1-China-Tianmen Square Riots • 2-Eastern Europe—Wall falls Dec. 1989 • 3-Soviet Union • Boris Yeltsin—1st dem. Elected President • Results: increased ethnic tensions • Reunification of Germany

  13. Other-Foreign Policy Issues • Rep. South Africa- • Anti-apartheid • Nelson Mandela • Persian Gulf Crisis Aug. 1990 • Kuwait invaded by Iraq • UN Security Council • Embargo • Use force to get Iraq out—29 Nations work together

  14. Operation Desert Storm • Gen. Norman Schwarzkopf • 400 hour war • “scud” missiles vs. US/UN forces • Hussein-burns oil wells as Iraqi army retreats

  15. Domestic Policy • 1-Americans with Disabilities Act • 2-Clarence Thomas • 3-”read my lips—no new taxes” • 1990-need increased taxes to fix economy

  16. Rep-Bush Key issue: economy Results: Clinton wins Puts minorities & women into cabinet & SC Dem-Clinton Ross Perot 1992 Election

  17. Domestic Policies • 1-”don’t ask, don’t tell” • 2-Brady Bill • 3-healthcare reform • 4-Tech boom • 5-Domestic Terrorism • Waco • Oklahoma City • 1993-World Trade Center Bombing

  18. Republican Revolution • Contract with America • Newt Gingrich • Cut deficit, decrease welfare etc.

  19. 1996 Election • Rep-Dole • Dem-Clinton • Reform-Perot • Clinton wins—healthy economy; debt declines

  20. Clinton’s 2nd term • 1-Big Tobacco • 2-Gun control-Columbine HS • 3-International Trade • WTO • 4-Foreign Policy • Somalia • Rwandan genocide • Haiti

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