The 1980’s President Ronald Reagan and the Rise of Conservatism Ronald Reagan QuickTime™ and a decompressor are needed to see this picture. Movie actor in the 1940 and 50’s Governor of California from ‘67’75 Reagan defeated Jimmy Carter in the election of 1980. Conservative QuickTime™ and a decompressor are needed to see this picture. Reagan was a conservative Republican In his inauguration speech he said, “…government is not the solution to our problem. Government is the problem.” Two Views Liberals Conservatives believe in spending on govt. programs to help people Higher taxes on the wealthy believe in small govt. and more individual self reliance Lower taxes for all, wealthy and business More liberals in Democratic Party More conservatives are Republican Party Reaganomics QuickTime™ and a decompressor are needed to see this picture. Reagan believed in lower taxes and smaller government He cut government programs such as food stamps and school loans He reduced taxes, especially for the wealthy Supply Side Economics Lower government taxes --> businesses hire workers--> consumers buy more products --> Overall economy improves Reagan’s Foreign Policy QuickTime™ and a decompressor are needed to see this picture. Reagan believed in “peace through strength” He increased military spending and gave aid to guerrillas fighting communist governments The Reagan Doctrine QuickTime™ and a decompressor are needed to see this picture. He had the CIA give weapons to Afghans fighting Soviet troops He also sent money the “contras,” a group fighting the Nicaraguan government Star Wars QuickTime™ and a decompressor are needed to see this picture. Reagan supported a nuclear missile defense system called SDI SDI, called Star Wars, was to put weapons into space that could intercept Soviet missiles Berlin Wall Speech QuickTime™ and a decompressor are needed to see this picture. Reagan went to the Berlin and said to the Soviet leader, “Mr. Gorbachev, tear down this wall.” Arms Agreement QuickTime™ and a decompressor are needed to see this picture. Gorbachev promised more freedom in the Soviet Union Reagan negotiated an arms agreement with Gorbachev, to reduce nuclear weapons Iran-Contra Scandal QuickTime™ and a decompressor are needed to see this picture. After Congress decided no weapons should go the Contras in Nicaragua Reagan secretly sold weapons to the Iran and funded the contras. Economic Improvement QuickTime™ and a decompressor are needed to see this picture. By the time Reagan left office Americans enjoyed lower taxes, and lower unemployment and inflation rates compared with the 70’s. Adding to the Deficit QuickTime™ and a decompressor are needed to see this picture. Although Reagan promised to balance the budget, the deficit grew because he cut taxes, while vastly expanding military spending. Give President Reagan a Grade OK, now it is your turn to grade President Reagan. Watch the video on Ronald Reagan and grade him on each of his policies. George H. W. Bush Elected President QuickTime™ and a decompressor are needed to see this picture. Reagan’s Vice President, George HW Bush, defeated the Democratic challenger for the Presidency in 1988 (This is President George W. Bush’s father) The Fall of Communism QuickTime™ and a decompressor are needed to see this picture. The Berlin Wall fell in 1989 Communism in the Soviet Union and Eastern Europe ended 15 independent nations formed End of the Cold War Persian Gulf War QuickTime™ and a decompressor are needed to see this picture. Iraq’s Saddam Hussein invaded neighboring Kuwait for its oil The US formed a coalition of 29 countries and defeated Iraqi forces in Kuwait