Presidency of Ronald Reagan

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Presentation transcript:

Presidency of Ronald Reagan 1981-1989 #STUD

Domestic Policies Overview Reagan’s domestic policy agenda focused on cutting taxes, balancing the budget, withdrawing support for social welfare programs, and returning some powers to the state government.

He did just that….. New Federalism “Reaganomics”/ Deregulation Federal welfare programs transferred to states; cutbacks in domestic programs (except Soc. Security & Medicare) and taxes, trickle down, with increased spending for Cold War military Supply Side Economics Effect: Huge record budget Deficits, income disparity between rich and poor “Reaganomics”/ Deregulation “privatization’ policy where gov’t assets, like CONRAIL, sold to private investors Deregulation of certain industries leading to environmental damage Social: hands off for Civil Rights movement for African Americans

Other Notable Events at Home Assassination Attempt March 30, 1981====> John Hinckley Sandra Day O’Connor sworn in as first female SC justice in 1985 Challenger Space Shuttle explosion 1986 Stock Market Crash of 1987 Consequence of Deregulation of market Olympic Games in Los Angeles 1984 Soviets boycott

Foreign Policy Overview End of the Cold War in 1991/ Dealing with “Evil Empire” Soviet Union Dealings in Latin America Overlap with the Middle East

END OF COLD WAR Strategic Defense Initiative (SDI) aka STAR WARS for Soviet missile protection Never really came to fruition Relationship with USSR Premier Mikhail Gorbachev #GORBY Reagan takes advantage of Soviet bad econ. & liberal policies of glasnost (openness) and perestroika (restructuring) Vienna “Walk in the Woods” in 1987 Intermediate-Range Nuc. Forces (INF) treaty. “MR. GORBACHEV TEAR DOWN THIS WALL”= Berlin Wall comes down in 1989 + Germany Re-Unified Soviet Invasion of Afghanistan Reagan Doctrine of Liberation Stay tuned in 2001 America………….

Latin America & Middle East Overlap 1986: Human Rights respected; Reagan’s corollary pledges opposition to “tyranny in whatever form…” Withdrawal of support of dictators in Philippines, Panama, and Haiti General unrest throughout Latin America Iran-Contra Affair (1987)********* Nicaraguan Civil War: Sandinistas vs. Contras (Pro-American) Sale of arms to Iran in war with Iraq; funds then diverted to Nicaraguan rebels Embarrassing for Reagan and entire White House; no oversight in foreign policy

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