1. The Conservative Resurgence

2. Reagan Wins Presidency
Rise of the “New Right,” “Moral Majority,” and Fundamentalist Christianity
Rustbelt – north predominantly liberal, moving to the south and suburbs= conservative
Opposed: Roe v. Wade and Engel v. Vitale
Carter was known for stagflation, Iranian Hostage Crisis
Reagan wins 1980 election % of popular vote, but 489 electoral votes (carter got 49)

3. Reaganomics Supply-side economics Economic Recovery Act of 1981
Reduce taxes- people will have more money to spend, causing economy to grow
Economic Recovery Act of 1981
Reduce taxes 25% over 3 years- wealthy received the highest tax cuts
Effects-
1982- recession, but 1983 economy begins to grow
Immigration- good economy=more immigration
Cut 40 billion dollars from the budget mainly by cutting spending for social programs
Effects
: Recession, unemployment 10% in 1982
Paul Volcker- during the 70s head of the federal reserve
Early economy begins to grow and inflation will fall
Inflation fell 13.5% to 3.2%
Unemployment went from 10.8% to 5.3%
Throughout the rest of his presidency economy continues on this path
Immigration- good economy=more immigration
7.3 million legal immigrants and hundreds of thousand of illegal immigrants
Low paying jobs, struggled

4. Foreign Affairs Iran-Iraq war Anti-Communist affairs
Mujahedeen- Afghani fighters against Soviet Union
Contras- Nicaragua, fighting pro-communist Sandinista government
El Salvador- supported right wing government fighting leftist rebels
Grenada- US Invaded, in order to keep pro-communist Cuba out
Effect of the growth of military on the economy?
Budget deficit
Iran Iraq war- Reagan used the navy to escort oil tankers in and out of the Persian Gulf- to keep oil prices down

6. Domestic Affairs
Reelected in democrats kept control of house of representatives
Supreme Court
Sandra Day O’Connor, Antonin Scalia, Anthony Kennedy (still on supreme court)
Election of 1988
Reagan supported Bush- promised to not raise taxes
Democrats won both houses
Social Security
Education
Vouchers
AIDS
PATCO- Air traffic control strike- Reagan fired them, federal employees not allowed to strike
Social Security- a lot of old people, raised the minimum retirement age and increased taxes
Education- standardized tests “showed” schools were “failing”
Vouchers
AIDS- Acquired Immunodeficiency Syndrome
HIV- Human Immunodeficiency Virus
No cure, by 1994 killed more then 250,000 Americans
HW Bush- research funding, today it can be “managed”

7. Ending The Cold War Gorbachev- Soviet President 1985-1991
Glasnost= new openness, Perestroika= reforming soviet system of economy
3 years from Reagan’s speech-
Berlin Wall cam down
Poland, Czechoslovakia, and Hungary had democratic elections
Soviet Union Disintegrated- 15 independent republics- 1991
Economy was awful!!!!
Met with Reagan 4 times between Reagan was building up arms, SU could not compete
Reagan gives speech to Moscow students about benefit of free enterprise
START I treaty- reduce nuclear weapons

8. Foreign Policy After Cold War
Latin America
Fall of SU effect on Latin America?
War on Drugs
China
Tiananmen Square Chinese tanks came in and took over killing hundreds
South Africa
Apartheid- economic sanctions from US
Nelson Mandela- released in 1990, first free elections 1994
Fall of SU effect on Latin America?
War on Drugs
Eduardo Martinez Romero- Columbian Drug Cartel
Panama’s Dictator- Manuel Noriega, 12,000 troops sent in to arrest him convicted to 40 years

9. Foreign Policy After Cold War
Peacekeeping missions
Yugoslavia- Bosnia, 150,000 civilians died before US involvement
Somalia- cease fire between warlords and food to starving people
Persian “Gulf War”
Saddam Hussein invades Kuwait- controlled 20% of the worlds oil
Operation Desert Storm- Liberated Kuwait
First successful major military operation since Vietnam
Saddam Hussein invaded Kuwait (oil)
Control 20% of oil produced in the world
Saudi Arabia could be next
Operation Desert Storm
700,000 UN troops in Saudi Arabia- 500,000 Americans
Jan 16, February 23, ,000 Iraqi Soldiers dead 148 Americans
Liberated Kuwait, but would not invade Iraq- Hussein remains in power
Bush: “We’ve kicked the Vietnam syndrome once and for all.”