1. RAH Day 25 Enduring Understanding(s)
Ronald Reagan’s presidency marked the victory of the “New Right” and led to conservative economic and social values
Essential Questions
Compare Reagan and Carter during the 1980 election. How were they similar and different?
Describe “Reaganomics” and the main components of this policy.
Explain the impact Reagan’s fiscal policies had different sectors of society.
Describe the effects of government deregulation in terms of business and the environment
How do Regan’s policies reflect the American Paradox?

2. 1980 Election Complete Graphic Organizer (packet pg. 1)
Work in your groups
Pgs of your textbook
As you finish, answer EQ1 at the bottom of the page.

3. Compare Reagan and Carter during the 1980 election
Compare Reagan and Carter during the 1980 election. How were they similar and different?
Similar
Different
Religious
Washington “Outsiders”
Governors (Georgia & California)
Reagan wanted less gov’t
Reagan wanted more military spending, Carter wanted less
Reagan gained the support of conservative/evangelical Christians in election
Reagan seemed more like a leader

4. Reading (PSSA preparation)
Readings on pg of your packet
First Reading: Regan’s Inauguration
Second Reading: A Troubled Economy
Then complete multiple choice questions on pg. 3-4
These readings will give a broader understanding of Reagan’s goals and his economic policies
If you finish move on to G.O. on pg. 2 of packet and fill out the top three boxes (pg

5. Multiple-Choice Answers
Reading #240 1-B, 2-D, 3-A, 4-D
Reading #254 1-C, 2-A, 3-C, 4-D, 5-D, 6-D, 7-A, 8-B
EQ2: Describe “Reaganomics” and the main components of this policy.

6. Reaganomics Policy Results Tax Cuts
Income tax cuts mostly for the rich and for businesses
Reduce Gov’t Spending
Cut social programs that benefited the poor, $41 billion
Tight Monetary Policy
Limited amount of money in the economy through federal reserve
Results
Reduced top level of income tax from 70% to 30% over course of his time in office, but tax rates for most Americans stayed mostly level
Cut programs like food stamps/housing assistance/Medicaid but kept Social Security and Medicare
Inflation

7. Supply-Side economics = Reaganomics
Cut gov’t spending, especially entitlement programs
Cut taxes, especially on businesses and the wealthy
Simplify the depreciation schedule
Cut business regulations including environmental enforcement
Improve monetary policy
Promote confidence in the US
Cut and limit government activity related to business
Keynesian policy
Government
$$$ - welfare, jobs, housing subsidies, food stamps
Goods/services
Goods/services
Producer/supplier of goods and services
Consumer of goods and services
$ $ $
$ $ $

8. Supply-Side economics = Reaganomics
Cut gov’t spending, especially entitlement programs
Cut taxes, especially on businesses and the wealthy
Simplify the depreciation schedule
Cut business regulations including environmental enforcement
Improve monetary policy
Promote confidence in the US
Cut and limit government activity related to business
Supply side policy
Government
Business tax cuts, investment tax cuts, deregulation, lower interest rates
Goods/services
Goods/services
Trickle
$ $ $
Down
Producer/supplier of goods and services
Consumer of goods and services
$ $ $
$ $ $

9. Reagan’s Domestic Policies
Complete the rest of Domestic Policy G.O. (pg. 2 of packet)
Work together with table groups
Use pgs of packet

10. Comparing Quintiles Mean family income in current 2005 $ – US Census - CPS

12. Median family income in current 2005 $ – US Census Bureau Current Population Survey