1980s The Reagan Revolution

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A Conservative Movement Emerges:The Reagan Revolution1980 - 1992 : 

A Conservative Movement Emerges:The Reagan Revolution1980 - 1992 “It will be my intention to curb the size and influence of the Federal Establishment and to demand recognition of the distinction between the powers granted to the federal government and those reserved to the states or to the people”

Questions to Consider: : 

Questions to Consider: As the 1980 presidential election approached, why was America a nation ready for change? What was the Reagan revolution, and who supported it? What were the key ideas of Reagan’s economic plan, and what were its effects?

A Conservative Movement Emerges : 

A Conservative Movement Emerges The New Right The Conservative Coalition The Moral Majority

The New Right – The Conservative Coalition – The Moral Majority : 

The New Right – The Conservative Coalition – The Moral Majority Endorsed Opposed School prayer Deregulation Lower taxes Smaller government Stronger military The teaching of a Bible-based account of human creation. Gun control Abortion Homosexual rights School busing Equal Rights Amendment Affirmative action Nuclear disarmament.

Election of 1980 : 

Election of 1980

Democratic Hopeful: Ted Kennedy, but….. : 

Democratic Hopeful: Ted Kennedy, but….. Chappaquiddick Incident

Election of 1980 : 

Election of 1980

Election of 1980 : 

Election of 1980

Ronald Reagan : 

Ronald Reagan

Reagan’s First Administration : 

Reagan’s First Administration The Conservative Movement had 4 major goals: Shrink the federal government - lower spending Promote traditional morality and values – Outlaw abortion, Affirmative Action Stimulate business by reducing government regulations and lowering taxes Strengthen the national defense Hard Line towards USSR

Conservatives to Supreme Court : 

Conservatives to Supreme Court Chief Justice William Rehnquist Sandra Day O’Connor (First Woman to be a justice)

Reagan’s Cabinet : 

Reagan’s Cabinet

Domestic Affairs – The Economy : 

Domestic Affairs – The Economy Reaganomics: 1. Cut Spending 2. Reduce Taxes 3. Deregulate Economy – -this would also lead to a balanced budget

1. Cut Spending : 

1. Cut Spending Proposed 35 million in budget cuts Most of it will come by slashing federal funding of Entitlement programs: food stamps job-training centers urban mass transit food stamp welfare benefits school lunches student loans (much of LBJ’s great society)

2. Tax Cuts : 

2. Tax Cuts Large tax cuts to increase private investments -> intended to increase the nations supply of goods and services 25% tax cut across the board in 3 years Eliminated federal estate tax Lowered individual tax rates Tax free saving plans for small investors Advisors said combo of cutting spending and cutting taxes would stimulate new investment , boost productivity, and foster dramatic economic growth

Supply Side Economics : 

Supply Side Economics Cutting tax rates  Would give people incentives to work save and invest  This increase business investment would create more jobs  More jobs means more workers  More workers means more taxpayers  Causing government revenues to increase, while keeping tax rates low

3. Deregulating the Economy : 

3. Deregulating the Economy Reduce the size and power of the federal government largely by cutting back on (or deregulating) federal government regulation on industry and business

Assassination Attempt: 1981 – John Hinckley : 

Assassination Attempt: 1981 – John Hinckley

1983 – Economy Rebounded : 

1983 – Economy Rebounded Interests Rates Fell, Stock Market Soared, producing a long Period of Economic Growth Inflation rate dropped from 14% in 1980 to 4% IN 1988 Attributed to a consumer spending spree due to a new confidence in the economy Although, for the first time in the 20th century – the Pay Gap Widened The Rich got Richer, and the Poor got Poorer

Economists argued that it wasn’t the tax cuts or the go-get em attitude of the “yuppies” – it was the massive military buildup that was responsible for 80’s prosperity : 

Economists argued that it wasn’t the tax cuts or the go-get em attitude of the “yuppies” – it was the massive military buildup that was responsible for 80’s prosperity Reagan begins increasing Military Spending – 2 trillion budgets $ onto the pentagon - this increase in spending will balloon the federal deficit. Reagan oversaw a transfer of funds from the domestic sector, instead of taking that money and balancing the budget, he took it next door to the pentagon For years – republicans complained that the only way democrats dealt with social programs was by throwing $ at them – now – Reagan is going to the same thing to Americans defenses

President Reagan and the Cold War : 

President Reagan and the Cold War In his first term, Reagan rejected the policies of containment and détente; he wanted to destroy communism. Position worsened relations with the Soviets Forged bonds with like-minded leaders, including Margaret Thatcher and Pope John Paul II Critics of his policy called Reagan reckless Reagan obtained massive increases in military spending. Much of the new spending went to nuclear weapons. Promoted the Strategic Defense initiative (SDI)—a shield in space to protect the United States against incoming Soviet missiles. Critics called this Star Wars and said it wouldn’t work.

S.D.I =Strategic Defense Initiative – A.K.A – Star Wars : 

S.D.I =Strategic Defense Initiative – A.K.A – Star Wars

Cold War Still Frozen! : 

Cold War Still Frozen! Impossible to deal with: 3 Prime Minister died in 3 Years USSR shot down Korean Airliner Americans killed Continued War in Afghanistan USA stopped SALT talks USSR boycotted Summer Olympics in LA

Finally……Ice Thawed w/ election of….. : 

Finally……Ice Thawed w/ election of…..

New Soviet Policies:From Communism to Capitalism (Sort of……) : 

New Soviet Policies:From Communism to Capitalism (Sort of……) Glasnost: openness in discussing social problems – air out the secretive, stilted, repressive, Soviet society and introduce the concept of free speech – allow political liberties Perestroika: economic and bureaucratic restructuring – wake up soviet economy – free market –profit rather that state control

Breakthrough….. : 

Breakthrough….. I.N.F Treaty: Intermediate Range Nuclear Forces Treaty

Slide 32: 

“Mr. Gorbachev, Tear Down this Wall!”

Round 2 for Ron : 

Round 2 for Ron

Geraldine Ferraro : 

Geraldine Ferraro

2nd Term Will Focus on Foreign Affairs : 

2nd Term Will Focus on Foreign Affairs Central America Middle East

The Reagan Doctrine: : 

The Reagan Doctrine: Believed that it was necessary for the United States to combat the spread of Soviet-backed Marxist and leftist regimes throughout the globe.

Grenada : 

Grenada Direct military force After coup had killed the prime minister and brought communism to power Dispatched 2,000 troops to the island in 1983. They found several hundred Cuban soldiers and a stockpile of soviet made arms

Panama : 

Panama 20,000 soldiers and marines into Panama to overthrow and arrest General Manuel Antonio Noriega on charges of Drug Trafficking Convicted and sentenced to 40 years in prison

Nicaragua : 

Nicaragua In 1981 – Reagan charged that NIC was a Soviet outpost that was exporting revolution to other central American countries Sent “Military Advisors” to shore up pro-American government in America Reagan cut all aid to President Daniel Ortega’s Sandinista government Threw his support Contras = Anti Communism By 1983 – the Contra army had grown to nearly 10,000 men, and CIA officials had moved into direct operation in Nic. Without Congressional approval In response – Congress banned military aid to the Contras for 2 years – BUT – Reagan’s administration still managed to get support to them To Be Continued……

Lebanon : 

Lebanon 1982 - Israel invaded Lebanon to suppress guerrilla bases of the PLO (Palestine Liberation Organization) “Hezbollah” – Terrorist Group October 23, 1983: terrorists blew up the Marines' barracks at the Beirut airport, killing 241 Marines Reagan subsequently called it, "the saddest day of my presidency 'the saddest day of my life." “Teflon President”

Terrorism : 

Terrorism TWA Flight 847 Achille Lauro Pan Am Flight 103

Public Enemy # 1: Muammar Qaddafi of Libya : 

Public Enemy # 1: Muammar Qaddafi of Libya

Conservative Economic Victories : 

Conservative Economic Victories Business people – loved the deregulation of the economy Southern voters – welcomed the limits of federal power Western states – which resented government controls of mining and grazing Reagan democrats – people who agreed with Reagan on limiting federal government Reagan major political domestic triumph was that he did slow the growth of government tad stop America being a welfare state- the containment of the welfare state

Conservative Economic Failings : 

Conservative Economic Failings The National Debt – contributed 2 Trillion to national debt Made the US the world’s leading debtor nation Interest payments on this debt accounted for 14% of the national budget – more than the budget for Education, health, the environment, agriculture, transportation, space, science, and technology – COMBINED! Reagan added more to our national debt than all of his predecessors combined – even those who fought in major wars No balanced budget – supply side economics theory had promised lower taxes would increase govs revenue – but actually the tax cuts and huge increase in military spending left a huge revenue hole The staggering deficits of Reaganomics assuredly constituted a great economic failure and a disaster for the long run of American economy The deficits virtually guaranteed that future generations of Americans would either have to work harder than their parents or lower their standard of living or both - in order to pay foreign creditors 1986 – congress passed legislation mandating a balanced budget by 1991 - but basically impossible – gap too wide

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