80s & 90s.

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Presentation transcript:

80s & 90s

Reaganomics “Trickle Down” Tax Cuts = more citizen spending Reducing business regulation = growth Conservative Economics

Reagan Supported by Religious Conservatives in “the moral majority” Also supported by traditionalist “heritage Foundation” Appt. 1st female to Supreme Court /Sandra Day O’connor

Reagan Foreign Iran-Contra Affair – Gave Iran weapons for hostages Star Wars and Defense Spending one reason for the fall of the Berlin Wall and the end of the Soviet Union

George HW Bush Sent Troops to the Persian Gulf to protect oil Medical Leave Act gave vacation rights to parents of newborns Americans with Disabilities act barred discrimination against disabled

Clinton Clinton (D) but a majority of (R) in congress Promised much reform for bad economy Hillary highly esteemed as 1st lady. Later Secretary of State for Obama

Clinton Foreign Policy Est. NAFTA with Mexico and Canada GATT replaced by the World Trade Organization WTO which increased globalization

Clinton Trade made goods cheaper and the global economy improved but also sent many jobs out of the US US economy recovers as the internet expands