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Transcript
1970s economy
“It’s morning in America”
New Right and the Moral Majority
 Leaders Billy Graham, Jerry Falwell, Pat Robertson
Reaganomics
 Supply side economics
 Trickle down effect
 Cut $35 billion from US budget
 Tax Reform Act of 1986
 Four pillars: reduce
government spending, reduce
income tax, reduce
government regulation,
control the money supply to
reduce inflation
Effects
 Reagan recession- blamed on Carter
 Middle class stagnation
 Very wealthy do VERY well
 GDP increases
 High deficit spending
 Unemployment skyrocketed and then dropped
 Graham, Rudmon and Hollings Bill- America has to
balance the budget
Election of 1984
Foreign Policy
“peace with strength”
 Soviet Union is “focus of evil in







the modern world”
Strategic Defense InitiativeStar Wars Program
START I
Aid to ElSalvador
Covert aid to Nicaraguan
rebels
Troops to Libya to defend the
deaths of American soldiers
Heavy fire invasion of Grenada
to stop a coup
Iran Contra Scandal
Glasnost
 Mr. Gorbachev, tear
down this wall!
Conservative Supreme Court
 Webster v Reproductive Health Service- limited Roe v
Wade
 Planned Parenthood v Casey-states can restrict access
to abortion as long as there is no “undue burden” on
woman
Election of 1988
 “kinder, gentler America”
 Railed against Reganomics as “voodoo”
economics
Fall of the Berlin Wall
Persian Gulf War/Operation Desert Storm
Americans with Disabilities Act
“Read my lips, no new taxes”
 1990 tax and budget package raises taxes $133 billion
Clarence Thomas to Supreme Court
Election of 1992
 “don’t ask, don’t tell”
 “Brady Bill” – gun




control bill
Branch Davidians
NAFTA- North
American Free Trade
Agreement
Million Mom MarchColumbine
Impeachment and
Monica Lewinsky “it
depends on what the
meaning of “is” is”