Ronald Reagan and George H.W. Bush

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Ronald Reagan and George H.W. Bush

Election of 1980 1980: public weary of Jimmy Carter Reagan advocates “supply-side” economics – help economy by cutting taxes Problem: spending was not cut at the same time Result: government deficits

Reagan Doctrine Supply aid to anti-communist rebels in Afghanistan (mujahedeen), Angola, and Nicaragua – the Contras

Iran Contra Scandal Congress made illegal giving aid to the Contras, Reagan signed law Members of Reagan’s staff sell arms to the Iranian government and give the money to the Contras Contras also received money through drug trafficking

George H.W. Bush End of the Cold War (1989-1991) Eastern European countries throw off communist rule Soviet Union collapses under Gorbachev

George H.W. Bush Persian Gulf War aka the Gulf War Saddam Hussein invades Kuwait, 1990 Bush persuades UN to send coalition of 28 nations to invade Iraq Operation Desert Storm 1991 frees Kuwait Military of Hussein severely restricted US operates “no-fly zone” over northern Iraq

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