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Reagan's Presidency (OTHERS IMPORTANTS EVENTS (Kristin Baker,…
Reagan's Presidency
started in 1980, last in 1988.
President:
Ronald Reagan.
In the 1970's the rise of the "sun belt" was widely discussed.
Fiscal problems of urban centers were occuring in broader context since World War ll.
Unemployments increased in major urban areas expanding demands for social services.
Reagan's Revolution.
The Vietnam War and Watergate Scandal shattered confidence in presidency.
The fall of South Vietnam, 2975
The Iran hostage crisis, 1979.
Soviet Invasion of Afghanistan.
Soviet Industrial output increased 75%
Soviet Union became the largest producer of oil and steel of the world.
Under leadership
Leonid Brezehnev
The Soviet Union improved living standars by doubling urban wages and rasing rural wages around 75%.
ECONOMY
Spending continually exceeded revenue due to tax cuts and increased defense spending
the deficit grew up from $60 billion in 1980 to a peak of $220 billion in 1986
The 1980s left interest rates high and the dollar over-valued, and that made a deficit in trades and investment
The government was thus forced to borrow so much money to pay its bills
because of the deficit, American industries such as automobiles and steel, faced renewed competition abroad and within the domestic market as well.
Some fiscal conservatives and Democrats criticized Reagan for the extent of deficit spending
Bush's charges that Reagan was advocating "voodoo economics"
in The New York Times Magazine Bush said that "Reaganomics is giving Voodoo a bad name" and the "United States has lost control of its financial markets to foreigners."
reduction in tax rates
the radical drop in oil prices
The virtual collapse of the OPEC cartel
END OF THE COLD WAR
president attacked the rival "evil empire"
The Strategic Defense Initiative (SDI) was born, it was a multibillion-dollar research project for a missile defense system
The Soviet economy suffered severe structural problems. Reform stalled between 1964-1982 and supply shortages of consumer goods become even more notorious.
rise of Mikhail Gorbachev, Soviet Communist Party chief in 1985
new momentum for political and economic liberalization, and built better relationship to the west trade
Focused on perestroika
Gorbachev tries to focus in consumer goods, which would be impossible because of the Cold War arms race, and the provision of large sums of foreign and military aid
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OTHERS IMPORTANTS EVENTS
Kristin Baker
,
First woman graduates from U.S. Military Academy at West Point
1980 - Mt. St. Helens erupts in Washington
1980 -John Lennon is shot and killed
1981 - Iran releases 52 Americans held hostage for 444 days
1981 - First space shuttle is launched
1981 - Sandra Day O'Connor is sworn in as first woman on the Supreme Court
1981-Reagan is shot and wounded
1983 - Bomb destroys U.S. Marine headquarters in Beirut, Lebanon
1983 - Sally Ride is first U.S. woman in space
1989 - U.S. forces invade Panama, overthrow Manuel Noriega
1986-Space shuttle Challanger explodes
1986 - Congressional hearings begin into Iran / Contra affair
1989 - Largest oil spill in U.S.
1989 - L. Douglas Wilder of Virginia, first African-American elected governor of a U.S. state since Reconstruction
Ronald Reagan and the electios of 1980.
Reangan won the republican nomination, elections for president in 1980.
Suply-side Economics
Reagan's promise and end to a "big government and "Suplyside econmics".
Suply-side economists argued to cut off taxies from the bord.
Middle class in Sun Belt Region, agreed with Reagan's proposals and vote for him in 1980.
Presidential election of 1980 was a key turning point in American politics.
John B. Anderson
of Ilinois moderate republican, did poorly.
Major issues of his campaign were the economic stagflations, threats to national security, etc...
Reagan
won a landside victory in 489 votes in the Electoral College to Carter's 49.
Reagan's Administration
A. Reaganomics and the 1981 federal budget.
Reagan promise and economic revival that would affect all sector of the polulation.
He propose to achieve this goal by cutting taxes and reducing the size and scope federal problems.
David Stockman
raced to put Reagan's program through Congress within the administration's deadline of forty days.
reagan and the world
Intervention and diplomatic relations in Latin America, the Middle East, Africa, and Southeast Asia
With Reagan's promises to restore the nation's military strength, the 1980s saw massive increases in military spending
The Reagan administration favored a hawkish approach to the Cold War
In Afghanistan
mujahadeen fighters against the Soviet proxy government
U.S. allies Saudi Arabia and Pakistan also provided the rebels with significant assistance
Reagan expressed opposition to the Vietnamese-installed Communist regime of Heng Samrin
The Reagan administration supported continued UN recognition of the Coalition Government of Democratic Kampuchea
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The Arab-Israeli conflict
Israel invaded Lebanon to destroy the Palestine Liberation Organization (PLO)
1982 Sabra and Shatila Massacre
U.S. forces moved into Beirut to encourage Israeli withdrawal
On October 23, 1983, the Marine Barracks Bombing killed 241 American troops
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Munguia Daurte Jose Gilberto.
Quijada Zuñiga Samantha Michelle.
Group: 1
LEI
