Reagan and the 1980s.

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Presentation transcript:

Reagan and the 1980s

Conservatism Distrust government Oppose Economic regulations High taxes Social programs Americans tired of change and upheaval  want to return to stability and better times

Ronald Reagan Irish American Actor  testified about Communism during Red Scare Popular national speaker Governor of California Won Presidency in Election of 1980

Reaganomics “Trickle down economics”- cut taxes for corporations and wealthy  they’ll have more money to invest and pay employees (middle class and poor Americans) Corporations will invest High more workers (create jobs) Pay workers more money (so they have more money to spend) 25% tax cut Not enough money coming in to government  cut social programs Welfare Medicare Unemployment Benefits Student Loans Housing

Foreign Policy Reagan Doctrine- US should support guerrilla groups fighting to overthrow Communist or pro-Soviet governments US involvement spreads around the world Africa: Angola Central America: Nicaragua, Grenada Middle East: Afghanistan, Lebanon, Iran Afghan Rebels USSR invaded Afghanistan US supported Afghan guerillas with weapons and money Weakens Soviet Union Reduce nuclear weapons with USSR Mikhail Gorbachev  supports economic + political reforms to end Cold War

Life in the 80s Booming economy Media Stockbrokers Real Estate- Donald Trump Yuppies- Young Urban Professionals Baby Boomers Discount retailing- K-Mart, Walmart, Target Media Cable Television- MTV, ESPN, CNN, HBO, BET Music- Madonna, Michael Jackson, Rap Sony Walkman CD players VCRs- Home Videos Video Games- Pac Man, Nintendo

Social Activism War on Drugs Mothers Against Drunk Driving (MADD) Fighting drugs in school Racial profiling Crack/Cocaine Crime Rates Mothers Against Drunk Driving (MADD) Drinking age raised to 21 Stop underage drinking + drunk driving AIDS  over 100,000 cases between 1981-1988 Gay community Clash over FDA and government regulations on treatments