REAGAN’S PRESIDENCY REAGAN, GHW BUSH, CLINTON, GEORGE W. BUSH, OBAMA

REAGAN’S PRESIDENCY Highlights: – Iranian hostages released – Reaganomics “supply-side” economics – Assassination attempt Mar. 1981—John Hinckley, Jr. – Air Traffic controllers strike – Sandra Day O’Connor—appointed to Sup. Ct. – Reagan heightens “Cold War” –massive military spending, B-1, Star Wars initiative – Polish “Solidarity” movement—Lech Walesa – Breakdown of Geneva Conference – Falkland Islands War Eng-Argentina – Lebanon Crisis – Civil Wars in El Salvador and Nicaragua – Invasion of Grenada – 1986 GRAMM-RUDMAN-HOLLINGS ACT – Tax Cut – Iran-Contra Affair

JAN 1986 SPACE SHUTTLE “CHALLENGER” EXPLODED SHORTLY AFTER LIFT-OFF. KILLED ALL 7 ON BOARD. AIDS EPIDEMIC BEGINS IN US– 1987 FOREIGN AFFAIRS 2 ND TERM SOVIET LEADER MIKHAIL GORBACHEV STARTS: – GLOSNOST – PERESTROIKA US AND USSR ELIMINATES INTERMEDIATE MISSILES—GENEVA CONFERENCE ENDS COLD WAR PHILLIPINE REVOLT LIBYAN CRISIS PAN AMERICAN FLIGHT 103 LOCKERBIE, SCOTLAND PRESIDENTIAL ELECTION 1988 REPUBLICAN GEORGE HW BUSH DEMOCRAT MICHAEL DUKAKIS ISSUES OUTCOME

CANDIDATES: REPUBLICANS: GEORGE W. BUSH/DICK CHENEY DEMOCRATS: AL GORE/JOE LIEBERMAN ISSUES: RESULTS: RETURN TO CONSERVATIVE DOMESTIC POLITICS: 2001.COM BOOM ENDED. US ENTERED INTO A RECESSION. REVENUE SURPLUSES DWINDLED. “BUSH TAX CUTS” LOWERED TAXES FOR THE UPPER 20%. DEFICIT SPENDING RETURNED. GOVT. ENERGY POLICY BENEFITTED BIG OIL COMPANIES, OIL PRICES ROSE AND SO DID GASOLINE PRICES. EXXON TURNED A RECORD PROFIT. “DRILL IN THE ANWAR”, AND YELLOWSTONE NATIONAL PARK. EDUCATION: “NO CHILD LEFT BEHIND” PASSED. FOREIGN AFFAIRS: SEPTEMBER 11, 2001 TERRORIST ATTACKS ON THE WORLD TRADE CENTER AND THE PENTAGON. AL QAEDA LED BY OSAMA BIN LADEN TAKES CREDIT FOR ATTACKS. BUSH DECLARES WAR ON TERRORISM. “BUSH DOCTRINE”—’IF YOU ARE NOT FOR US, YOU ARE AGAINST US’. ECONOMIC CONDITIONS WORSENED.-STOCK MARKET DROPPED “IRAQI FREEDOM”—WEAPONS OF MASS DESTRUCTION BUSH’S APPROVAL RATINGS LOWEST OF ALL TIME -- 17%