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Escalation of the Cold War
Ronald Reagan Escalation of the Cold War
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Domestic Policy Reagan gets elected in 1980 when defeats Jimmy Carter
Attacks inflation> blames “big government” and government spending for inflation
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New Federalism Giving more control to the states for some welfare programs Farm Aid: Paid farmers not to plant crops to cut the surplus Supply-side economics..aka Reagonomics..aka Trickle Down Theory Tax cuts for businesses and wealthy Increase the federal deficit…fought military cuts
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New Federalism “Star Wars” National Security based on a strong defense
Increased military spending Strategic Defense Initiative (SDI) Use of ground and space missiles to protect from an attack
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Foreign Policy Questioning Détente: called the USSR the ‘evil empire”
Poland> US economic sanctions Brings back détente during his second term Worried about domino theory in Latin America Unstable economy right for Communist take-over Uses military to intervene (El Salvador, Nicaragua, Grenada)
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Terrorism Terrorism becomes a major issue thorughout the world as a way to promote a political cause
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Second Term Defeated Walter Mondale and Geraldine Ferraro in a landslide victory (525-13) VP is George Bush
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Domestic Policy Promised to create a balanced budget by the 1990’s.
Deep cuts in federal programs and tax cuts Huge deficit mounted due to Reagan’s spending on the military
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Foreign Policy Iran-Contra Affair
Top Presidential aids sold arms to Iran in exchange for help in freeing American hostages in Lebannon Money is then given to the Contras (rebels supported by US) in Nicaragua Reagan denied knowledge at first(said would negotiate for hostages, then admitted something happened Colonel Oliver North is charged with a crime
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Foreign Policy Re-opening of Détente
New Soviet leader = Mikhail Gorbachev Slow ending of Communist USSR Glasnost Perestrokia Several “summits” between Reagan and Gorbachev to reduce missiles
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Other info War on Drugs: “Just Say No” campaign
1986> Congress imposes strict sanctions on South Africa until it ended apartheid Nominates Sandra Day O’Connor to Supreme Court: 1st women on the Court Assassination
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Assassination President Ronald Reagan Shot in Assassination Attempt
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