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The Impact of Reaganomics and Key Events of the 1980s and 1990s

This overview explores the transformative economic policies of Reaganomics, known for tax cuts and reduced government spending aimed at boosting private investment through trickle-down economics. Despite early successes, these policies led to significant deficits and economic challenges, including the recession of 1982 and rising unemployment. Additionally, it highlights pivotal moments like Sandra Day O'Connor's appointment to the Supreme Court, the Iran-Contra Affair, the fall of the Berlin Wall, and the First Gulf War, alongside the NAFTA agreement and the impeachment of Bill Clinton.

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The Impact of Reaganomics and Key Events of the 1980s and 1990s

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Presentation Transcript

  1. (In brief topics that may seem random  ) The Rest of History

  2. Also called Reaganomics! • Tax cuts and reduced government spending should increase private investment • Trickle-down economics • Impact • Left money in the hands of investors • BUT: • Created huge deficits Supply Side Economics

  3. Recession and Recovery • 1982- recession • Banks failed • Unemployment went up • But! • Inflation finally went out of the double digits! • 1983- recession over • Long recovery road Reagan had some fiscal issues

  4. Sandra Day O’Connor • 1st woman on the Supreme Court • William Rehnquist • Scaled back affirmative action • Limited Roe v. Wade • Minors must notify parents of potential impending abortion. Supreme Court

  5. Sell Iran’s government arms Give money to the contras in Nicagura Iran-Contra Affair

  6. China 1989 Prodemocracy Crushing of protestors (literally) Tiananmen Square

  7. Berlin Wall falls  • Eastern Europe no longer all Commies • Oct 1990 • East and West Germany Reunited! • OTHER: • Balkans Berlin Wall (again!)

  8. The First Gulf War • Operation Desert Shield • Operation Desert Storm The 1st Iraqi Police Action

  9. START I • Strategic arms reduction treaty • NAFTA • North American Free Trade Agreement Other Agreements!

  10. 1998 • Impeached by the House • Acquitted by the Senate Bill Clinton

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