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The 1980s. By: Allison Cho, Natalie Condo, Taylor Johnston, Danny Kincaid, and Greg Tarby. Targets I Can…. Identify the economic theory of “Reaganomics” Evaluate whether “Reaganomics” was successful in stimulating the economy
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The 1980s By: Allison Cho, Natalie Condo, Taylor Johnston, Danny Kincaid, and Greg Tarby
TargetsI Can… • Identify the economic theory of “Reaganomics” • Evaluate whether “Reaganomics” was successful in stimulating the economy • Summarize President Reagan’s approach to dealing with the Soviet Union • Relate the 1980 Olympics to the events of the Cold War and explain the boycott of the 1980 summer Olympics that was led by the US • Explain the collapse of the Soviet Union and the end of the Cold War • Explain the Iran- Contra Affair and its impact on President Reagan’s legacy
The Presidents Of The 80`s Jimmy Carter (1977-1981) Ronald Reagan (1981-1989) George H. W. Bush (1989-1993)
Historic Events And People • Challenger Explosion • Just Say “No” Campaign • Sandra Day O`Connor • Medicare • Vietnam Memorial • Exxon Valdez Oil Spill • Drugs • AIDS
Challenger Explosion • January 28th, 1986 • Around 11:40 am in the morning it launched • 73 Seconds into its journey it exploded killing everyone on board • The explosion was believed to be caused by a rocket booster that had a leak and was ignited after lifting off.
Drugs • During the 1908s the US had one of its worst drug scares. • Drugs became available everywhere, but major cities and heavily populated areas were affected most by its existence (Ex- LA,NYC) • In 1985 Crack started to be experimented with more and people started to learn how bad the affects of the drug were which prompted the Just Say “No” Campaign
Just Say “No” Campaign • Lead by first lady Nancy Reagan in the 80`s • Taught people how to say “NO” to drugs and what to do when presented with them • Peer pressure was the #1 reason for the drugs being used in the 80`s • People who didn’t use drugs at the time felt left out and the campaign helped them not start using drugs • Dr Richard Evans of University Of Houston Social Physiology was also a leader in the campaign
Medicare • In 1980 Coverage of health insurance is broadened and 20 million people were affected • 1980 Hospitals began offering benefits with health insurance and HMOs • New prospective payment plans had been set in place for people with health insurance and Medicare and gained in popularity • Numerous healthcare and Medicare bills have been introduced and implemented ever since
Sandra Day O`Connor She was the first woman to serve on the Supreme Court. She was elected in 1981 and retired in 2006 During her time on The Supreme Court she weighed in on some of the nations toughest and most known cases. She had received 60,000 letters from the public in her first year (Most on record) Senate vote for her election was 99-0
AIDS • Began to emerge as a Cancer named Kaposi's Sarcoma (cancer primarily found in elderly patients) • At first the break out was prevalent in New York and California • At first it centered around men (40 known cases began) and their sexuality was gay. An estimated 5-6 new cases of it came out per week. • People began making names for it (Ex-GRID Gay Related Immune Deficiency and others) • After reports of gay men having the disease, numerous states began sending reports that straight men were also contracting the disease • In 1982 Aids was formally named Auto Immune Deficiency Syndrome) There has been no cure found
Vietnam Memorial • officially accepted by President Ronald Reagan on November 11, 1984 • 250 feet walls 10 feet tall made of polished black granite • Has 58,000+ US names of people killed or missing in the Vietnam War • The Vietnam War was one of the most controversial wars fought by the US and the US felt like honoring those fallen and missing in the war.
Exxon Valdez Oil Spill • March 24th, 1989 • 240,000 gallons of oil had spilled into Alaska`s Prince William Sound • Hundreds of miles of the sea coast was covered in oil and completely destroyed • Hundreds of Birds, Fish and other animals were killed due to the oil spill. • One of the worst oil spills in history
AIDS • Began to emerge as a Cancer named Kaposi's Sarcoma (cancer primarily found in elderly patients) • At first the break out was prevalent in New York and California • At first it centered around men (40 known cases began) and their sexuality was gay. An estimated 5-6 new cases of it came out per week. • People began making names for it (Ex-GRID Gay Related Immune Deficiency and others) • After reports of gay men having the disease, numerous states began sending reports that straight men were also contracting the disease • In 1982 Aids was formally named Auto Immune Deficiency Syndrome) There has been no cure found
XXII Olympiad (culture topic) • The summer Olympics of 1980 was an international multi-spot event celebrated in Moscow • First Olympic games to be held in east Germany • Almost 10,000 athletes were estimated to participate in the games • A mere 6,000 athletes compared to the estimated 10,000 competed
XXII Olympiad (culture topic) • The decrease in the number of athletes was because of the boycott that the U.S. placed on the Olympics • The USSR invaded Afghanistan • The boycott greatly affected the Olympics in the number of participants because many countries followed the U.S.’s actions
USSR invasion of Afghanistan • The Olympics were to be held in Moscow in 1980 and countries from all over were supposed to participate • But a few years prior to the games being held, The USSR invaded Afghanistan • The USSR was supporting the supporting the Marxist-Leninist government of the Democratic Republic of Afghanistan against the Afghan Mujahideen guerrilla movement and foreign Arab–Afghan volunteers. • The mujahideen received unofficial military/financial support from a variety of countries including the United States, Saudi Arabia, the United Kingdom, Pakistan, Israel, Indonesia and China. • The USSR essentially invaded Afghanistan to to support an ally that was battling a civil war
Magic Johnson • Considered to be one of the greatest basketball players of all time • 5 x NBA champion, 3 x NBA MVP, 12 x NBA all-star, #32 retired on lakers • Gave teamwork a new name in basketball • He really didn’t care how many points he scored, he just wanted to help his teammates score • Contracted the HIV virus earlier in his life, but found out he had it in the season of 1991 • He abruptly retired, and dedicated his life to fighting the disease and helping people become aware of it • He now has a foundation, Magic Johnson Foundation http://www.youtube.com/watch?v=v4Dm0lZTqCc
Cold war • The U.S. (western world) and the USSR (communist world) have been at a state of political and military tension since the end of WWII • In other words, both countries are not on good terms
The Boycott of the Olympics • With all of these things happening over the course of a couple years, the U.S. decided to boycott the 1980 Summer Olympics • President Jimmy Carter issued an ultimatum on Jan. 20, 1980 • Soviet troops must be removed from Afghanistan in one month • If not, the U.S. would boycott the Olympics • The USSR did not remove its forces from Afghanistan, so the U.S. went through with the boycott • The U.S. was joined by Japan, West Germany, China, Philippines, Argentina, & Canada • Some of these countries allowed their athletes to participate in the Olympic Boycott Games in Philly • Other countries like France, Denmark, and the U.K. supported the boycott, but allowed their athletes to participate in the Moscow Olympics • Marched under Olympic flag, instead of their countries flag
Boycott of the Olympics • The boycott did little to the USSR’s policy in Afghanistan, but it did tarnish the prestige of the Olympic Games in Moscow
“Reaganomics” The President’s plan to boost the economy
His Plan • Reagan proposed a 3 year plan (Supply-side economics) to congress to fix the economic problems Americans were facing • Cut the federal income taxes from 70% to 25% • Cut regulations and industries
The Results • Things will always get worse before they get better • The economy weakened at first and unemployment rose • Then… • 1988- Inflation dropped from 10.4% to 4.2% • The unemployment rate dropped from 7% to 5.4%
People began to trust the market again People began to spend more money
However • The national debt tripled as the decreasing taxes forced the government to take care of the debt to sustain military spending • Reagan did the best he could with the time he had and it paid off for the economy