1. Presidency of Ronald Reagan 1981-1989
#STUD

2. Domestic Policies Overview
Reagan’s domestic policy agenda focused on cutting taxes, balancing the budget, withdrawing support for social welfare programs, and returning some powers to the state government.

3. He did just that….. New Federalism “Reaganomics”/ Deregulation
Federal welfare programs transferred to states; cutbacks in domestic programs (except Soc. Security & Medicare) and taxes, trickle down, with increased spending for Cold War military
Supply Side Economics
Effect: Huge record budget Deficits, income disparity between rich and poor
“Reaganomics”/ Deregulation
“privatization’ policy where gov’t assets, like CONRAIL, sold to private investors
Deregulation of certain industries leading to environmental damage
Social: hands off for Civil Rights movement for African Americans

4. Other Notable Events at Home
Assassination Attempt March 30, 1981====> John Hinckley
Sandra Day O’Connor sworn in as first female SC justice in 1985
Challenger Space Shuttle explosion 1986
Stock Market Crash of 1987
Consequence of Deregulation of market
Olympic Games in Los Angeles 1984
Soviets boycott

5. Foreign Policy Overview
End of the Cold War in 1991/ Dealing with “Evil Empire” Soviet Union
Dealings in Latin America
Overlap with the Middle East

6. END OF COLD WAR
Strategic Defense Initiative (SDI) aka STAR WARS for Soviet missile protection
Never really came to fruition
Relationship with USSR Premier Mikhail Gorbachev #GORBY
Reagan takes advantage of Soviet bad econ. & liberal policies of glasnost (openness) and perestroika (restructuring)
Vienna “Walk in the Woods” in 1987 Intermediate-Range Nuc. Forces (INF) treaty.
“MR. GORBACHEV TEAR DOWN THIS WALL”= Berlin Wall comes down in Germany Re-Unified
Soviet Invasion of Afghanistan
Reagan Doctrine of Liberation
Stay tuned in 2001 America………….

7. Latin America & Middle East Overlap
1986: Human Rights respected; Reagan’s corollary pledges opposition to “tyranny in whatever form…”
Withdrawal of support of dictators in Philippines, Panama, and Haiti
General unrest throughout Latin America
Iran-Contra Affair (1987)*********
Nicaraguan Civil War: Sandinistas vs. Contras (Pro-American)
Sale of arms to Iran in war with Iraq; funds then diverted to Nicaraguan rebels
Embarrassing for Reagan and entire White House; no oversight in foreign policy

8. THE END