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Published byKerry Little Modified over 8 years ago
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Presidency 1981-1989
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Radio Sports announcer Actor in Hollywood Head of Screen Actors Guild Governor of California
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The Iran Hostage Crisis The weak economy and high rate of inflation Hostility toward big government Calls for a more conservative Supreme Court
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Reduce federal tax rates for businesses and wealthy Americans (the Reagan tax cuts led to large increases in the incomes of wealthy Americans) Reduce corporate tax rates and encourage private investment Promote economic growth by deregulating business
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Reagan took an aggressive approach toward the Soviet Union, Calling it an “Evil Empire” Reagan increased spending for Defense Reagan proposed the Strategic Defense Initiative (an anti-missile system in space) Reagan asked Congress to fund a counter- revolutionary force to overthrow the Sandinistas’ government in Nicaragua
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Set a tone of hope and optimism in the U.S. Put military and economic pressure on the Soviet Union to adopt reform measures Strengthened the alliance with Britain Led the nation in mourning the deaths in the Space Challenger Disaster Appointed Sandra Day O’Connor as the first woman to sit on the Supreme Court
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Deregulation of certain industries such as the airlines and Savings and Loans ended in economic problems and scandals When Congress cut off funding for the Contras in Nicaragua, Reagan agreed to sell weapons to Iran in exchange for Hostages and money. The money from the illegal weapons’ sales was sent to the Contras. Reagan angered U. S. allies and lost the trust of many Americans as a result of Iran-Contra
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