Reagan Challenges of the 1980s Why was President Reagan such a “contraversial” person? “Hail to the Chief”

Background: “Separate Ways” – Carter Elected 1976 – Carter Elected 1978 – interest rates ~12% - KFC 1978 – interest rates ~12% - KFC 1979 – Iran Hostage Crisis, p – Iran Hostage Crisis, p – Reagan/Bush Elected 1980 – Reagan/Bush Elected “Born in the USA”, B.Springsteen “Born in the USA”, B.Springsteen

NYS Regents: 5 points each 1. The economic policies of President Ronald Reagan (1981–1989) and President George W. Bush (2001–present) are similar in that both (1) balanced the federal budget (1) balanced the federal budget (2) expanded welfare programs to end poverty (2) expanded welfare programs to end poverty (3) used tax cuts to encourage economic growth (3) used tax cuts to encourage economic growth (4) decreased military spending (1/07) (4) decreased military spending (1/07)

NYS Regents: continued 2. A major policy of President Ronald Reagan’s administration was to (1) reduce defense spending (1) reduce defense spending (2) lower federal income tax rates (2) lower federal income tax rates (3) end desegregation of public facilities (3) end desegregation of public facilities (4) promote regulation of small businesses (1/06) (4) promote regulation of small businesses (1/06)

1980 Election: p.336 “Great Communicator” “New beginning” - Reagan said, “…gov’t is not the solution to our problem: gov’t is the problem.” Domestic Policies – Domestic Policies – - “inflation”, top priority - “supply-side economics” - Reaganomics. Foreign Policies – Foreign Policies – - Middle East - Central America - Terrorism

1984 Election: Reagan’s 2 nd Term Domestic Policy Domestic Policy - Balance budget - Cut federal programs - Trade imbalance Foreign Policy Foreign Policy - Iran-Contra Affair - Arms reduction - Terrorism

1988 Election: George H.W. Bush Domestic Events Domestic Events - “Read my lips…No New Taxes!” - Budget deficit grows - Urban violence Foreign Events Foreign Events - End of Cold War - Bosnia - Panama - Persian Gulf War Action: “Time to Rock ‘n Roll”

Assessment What did you learn about Reagan & G.H.W. Bush? 10 points each 1. The “trickle down” economic theory of President Herbert Hoover and the “supply side” economic policies under President Ronald Reagan were based on the idea that (1) balanced budgets are essential to economic success (1) balanced budgets are essential to economic success (2) the Federal Government needs to assume more responsibility for solving economic problems (2) the Federal Government needs to assume more responsibility for solving economic problems (3) economic growth depends on making increased amounts of capital available to business (3) economic growth depends on making increased amounts of capital available to business (4) economic stability is the responsibility of Federal monetary agencies. (4) economic stability is the responsibility of Federal monetary agencies.

Assessment continued… 2. “Sputnik Launch Propels Soviets Ahead in Space Race” In 1957, the United States government responded to the event described in this headline by (1) reducing military spending (1) reducing military spending (2) building a joint space station with the Soviet Union (2) building a joint space station with the Soviet Union (3) constructing President Ronald Reagan’s “Star Wars” defense system (3) constructing President Ronald Reagan’s “Star Wars” defense system (4) providing funds to improve the educational system in the United States (4) providing funds to improve the educational system in the United States

Continued… 3. During the 1980s, President Ronald Reagan used the ideas of supply-side economics to justify (1) increases in social welfare spending (1) increases in social welfare spending (2) expansion of the Social Security program (2) expansion of the Social Security program (3) tax cuts for businesses (3) tax cuts for businesses (4) reductions in military spending (4) reductions in military spending

Continued… 4. One similarity in the policies of President Herbert Hoover and President Ronald Reagan is that both supported (1) a reduction of military spending (1) a reduction of military spending (2) the end of Social Security (2) the end of Social Security (3) appointment of a woman to the Supreme (3) appointment of a woman to the Supreme Court Court (4) economic changes favoring big business (4) economic changes favoring big business

Explain one economic, political, or social issue of the Reagan/Bush Era. “Tribute to Reagan” or more complete sentences. 4 or more complete sentences. Who, What, Where, When, & Why? Who, What, Where, When, & Why? Use domestic and foreign policy. Use domestic and foreign policy. Worth 40 points if correct & complete. Worth 40 points if correct & complete.