Reagan’s Domestic Policy. Key Terms Reaganomics Fiscal Conservatism The “New Right” Neoconservatives.

Slides:

Advertisements

Similar presentations

Chapter Fifteen: The New Deal. Standards Covered TLW explain and evaluate Roosevelt’s New Deal policies.

Advertisements

Chapter 30, Section 1 The Conservative Revolt Main Idea: The election of Ronald Reagan in 1980 ushered in a new era of conservatism in politics and public.

Chapter 12 Section 2 Roosevelt and the New Deal

Reaganomics What effect does a changing economy have on American society?

War on the Welfare State Trattner 16. Reagan elected 1980 Time of grass roots tax revolts Republicans won new groups of voters  Northern white Catholics.

Fiscal Policy © 2010, TESCCC.

Second New Deal Terms and People Second New Deal – legislative activity begun by Franklin D. Roosevelt in 1935 to solve problems created by the.

Ronald Reagan 40th President of the United States 1981 – 1989 Do Now p.969: Liberalism vs. Conservatism.

I. Ronald Reagan’s Presidency Objective 12.04: Identify and assess the impact of social, political, and cultural changes in the United States.

Domestic Policy Taxes Spending Social Security Medicare Medicaid Education Transportation Environment Crime.

A Conservative Movement Emerges. The Conservative Backlash  1980: One-third of America was on some type of welfare  Entitlement Programs:

Conservative Policies under Reagan and Bush

Carter's Domestic Policies Elizabeth von Haunalter Period 3.

Domestic Policy Policy Areas (Economic, Business, Environment, Health Care)

Unit 7 Fiscal & Monetary Policy. The Federal Reserve System The central bank of the US which sets the monetary policy of the USA Monetary policy-control.

Conservatism Rise of the Conservatives 1980s. Liberal vs. Conservative.

II. Reagan Years. A. Election of Democrats nominate Carter but high unemployment, high inflation and Iran Hostage Crisis placed his approval.

Conservative or Liberal? “The government should help the poor and the needy.” “I work hard and don’t think I should have to pay a bunch of taxes to give.

ECONOMIC POLICY (Or… “How Many Harvard Economists Does It Take to Craft an Economy Policy?”

Policy Making— Economic Policy --The Government’s Role --Theories of Economic Policy --The Budget --National Debt 1.

10 th American History Unit VI – Looking Toward the Future Chapter 22 – A Conservative Era Section 1 – Reagan’s First Term.

Measuring the Economy Goals 9.01 & Why does the government need to know what the economy is doing?  The government makes decisions that affect.

CONTEMPORARY ECONOMICS© Thomson South-Western 11.1 Estimating Gross Domestic Product SLIDE Economic Instability SLIDE 1 2) From the Great Depression.

Ch 16, 2-4. Section 2: Aggregate supply the total value of goods and services that all firms would produce in a specific period of time.

The Conservative Era Chapter 30. Gerald Ford Ford’s Presidency Domestic Policy: 1) Pardoning Nixon 2) “Whip Inflation Now” (WIN) fails 3) Bicentennial.

The Reagan Revolution How do conservative domestic polices under Reagan change America?

Chapter 15 Fiscal Policy.

Conservatism and Reagan Revolution By: Carolyn Stoughton, Nick Giorgi, Ashley Magee.

Budget cuts Tax cuts Increased defense spending.

The Conservative 1980’s The 1980s see the rise of neoconservatives in America politics and government. This group challenges most liberal domestic and.

Stabilizing the National Economy

Chapter 25, Section 3 Reaction to the New Deal. The New Deal encouraged a sense of hope among Americans The New Deal failed to end the depression ▫Protest.

Ch. 25 Section 3 Managing the Economy. Surpluses and Deficits Budgets are built on forecasts or predictions of the future Budgets are built on forecasts.

Chapter 28 Section 1. President Jimmy Carter President Carter had to deal with the economic problem of Inflation Carter’s major foreign policy crisis.

Fiscal Policy. Fiscal Policy - the use of government spending (expenditures) and revenue collection (taxes) to influence the economy. 1. Congress’s Role.

CHAPTER 17 Stabilizing the National Economy. Section 2: The Fiscal Policy Approach to Stabilization  Fiscal Policy- Federal Government’s use of taxation.

IT’S A ROLLERCOASTER RIDE SUPPORT CLASSIC LIBERALISM… OPPOSE CAPITALISM. SUPPORT SOCIALISM… OPPOSE COMMUNISM. SUPPORT MODIFIED LIBERALISM … NOW WE DON’T.

Ronald Reagan “The Great Communicator”. Conservatives vs. Liberals Conservatives Generally Republicans Favored limited government involvement in economy.

Chapter 15: Fiscal Policy Section 3. Copyright © Pearson Education, Inc.Slide 2 Chapter 15, Section 3 Objectives 1.Explain the importance of balancing.

 Problems, Policy, and The Fed.  Economic Problems: o Inflation o Loss of wages for workers o Lowered standard of living o Unemployment o Recession.

1 Fiscal Policy © 2009, TESCCC. 2 Fiscal Policy defined The government’s (Congress and the President) use of taxing and spending to promote economic growth.

Fiscal Policy Using taxes and government spending to influence the economy.

PRAISE FOR THE NEW DEAL Thousands of families thanked FDR for his contributions Laborers and farmers expressed gratitude for the New Deal.

The REAGAN/BUSH Years. REAGANOMICS “Our government is too big and it spends too much”. - Reagan Reaganomics consisted of three parts: 1. Budget cuts 2.

Reagan’s 1 st Term  Election of 1980 concerns: U.S. has fallen into a mood of depression.  Causes:  s – Vietnam war, distrust of government,

ROOSEVELT’S NEW DEAL: Successes and Failures Learning Target #4 Discuss FDR’s New Deal programs and the successes and criticisms of the New Deal.

Budgets & Policies Government use of taxing and spending to stabilize the economy Fiscal Policy.

Chapter 16 The New Deal. Forging a New Deal President Franklin Delano Roosevelt (FDR) promised Americans a New Deal to ease the effects of the Depression,

The Reagan Revolution Reaganomics Guides the Economy Reagan + his economic advisors turned to “supply-side economics” for their policies – Called.

The Resurgence of Conservatism APUSH4/20/07 Ms. Weston.

Reagan’s Domestic policies Montel, Kate, Karrington, Elisicia, Pascale.

Ronald Reagan. Conservative Movement New Right New Right Opposed abortion Opposed abortion Blocked federal discrimination laws (states) Blocked federal.

Ronald Reagan Chapter 25. What do we know about Ronald Reagan? As a group list everything you know about Ronald Reagan.

REAGAN Reaganomics, Star Wars, and Jellybeans. REAGAN 1980: Reagan is elected President In his inaugural speech he says “In this present crisis, government.

Good Afternoon!! 1.NVC 2.Intro to President Ronald Reagan 3.Reaganomics: Good for the Nation? Essential Question : Was Reaganomics good for the nation?

Good Morning! 1.Wrap up Jimmy Carter 2.Intro to President Ronald Reagan Essential Question : Was Jimmy Carter’s Presidency a “miserable failure”?

IMPACT ON FEDERALISM, THE ROLE OF GOVERNMENT IN OUR LIVES, AND STATE AND NATIONAL ELECTIONS SINCE Reagan Revolution.

Mai, Ian, Emily, Maggie, Cassidy, Sunny. Action the government takes in the economic field.

Fiscal Policy Fiscal Policy - Government effort to control the economy and maintain stable prices, full employment, and economic growth. Fiscal Policy.

Economic Crisis and the Reagan Revolution

How do conservative domestic policies under Reagan change America?

How do conservative domestic policies under Reagan change America?

The Reagan Revolution.

Demand side v. Supply side

8.4 Analyze the causes and consequences of the resurgence of the conservative movement, including social and cultural changes of the 1960s and 1970s,

Impact of the New Deal.

Demand & Supply Side Policies

Presentation transcript:

Reagan’s Domestic Policy

Key Terms Reaganomics Fiscal Conservatism The “New Right” Neoconservatives

I. Reagan’s Revolution Fiscal Conservatism 1. ( One who favors a balanced budget, prefering spending cuts or tax increases to borrowing. Reduce the size of the Govn’t Slash Taxes “Government is not the solution… Government is the problem”

Reagan’s Revolution Cont. Wanted a change from using tax money for federal “benefits” Tax cuts of $35 Million Supported by the “new right” 1. Consisted of groups like the Catholic group “The Moral Majority” 2. Focused on cultural concerns Neoconservatives arose from the ideals of Reagan 1. Free-market capitalism 2. Questioned welfare programs 3. Harsh on Soviets

II. Budget “Gut the budget” Got the left to agree to his tax cuts 25% of cuts across the board August 1981, Congress approved a huge tax reform bill 1. Lowered individual taxes 2. Almost eliminated federal estate taxes 3. Tax free savings plan for investors

III. PATCO Professional Air Traffic Controllers Organization They went on strike, threatened to completely shut down air travel Reagan deemed it an illegal strike and fired all of them This left jobs to managers, some controllers not affiliated with the strike, and mostly untrained new employees

PATCO cont. Critics expected accidents, but when none happened Reagan was seen as a strong leader This was a victory for Reagan but a great loss for unions 1. Businesses were less afraid and did not give into demands as easily, one of the things that hurt the economy in the 1970’s

IV. Supply-Side Economics “Reaganomics” Believed that control over the budget would promote growth. 1. Stimulate the economy 2. Good for business Economy went into a depression 1. Unemployment 11% (1982) 2. Businesses shut down 3. Banks failed

Supply-Side cont. Only turned good results in 1983 Caused larger gaps in the incomes of citizens Value of the dollar increased at this time as well.

V. Social Legacy He appointed almost half of the federal judges Put 3 judges in the supreme court Used this in his fight against affirmative action and abortion