Ch. 40.

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Presentation transcript:

Ch. 40

Reagan Revolution Return of Conservatism Neo-Conservatives Reagan Democrats Social Conservatives Push back against New Deal Great Society Social liberalism of 1960s and 1970s Detente

Reagan Philosophy Free markets Less Regulation Reduce Federal Spending on Social Programs More Power to States Tax Cuts Stronger Military Foreign Policy that challenges the Soviets

Reagan Presidency Landslide Hostages released on inauguration Supply Side Economics Leads to bigger deficit Recession in first two years Economy recovers in first term

Reagan Problems Star Wars Iran-Contra Oliver North Nicaragua Iran

Bush in ‘88 Bush the moderate Michael Dukakis First Iraq War Bush popularity high Economic down-turn Bush popularity tanks Reasons

Bill Clinton Election in 1992 NOT a return to liberalism/progressivism 1994 Conservative revolution in Congress Newt Gingrich Contract with America

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