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The 80’s in Review Politics/History Pop Culture
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Ronald Reagan The Superhero QUICK BIO Born in 1911 Movie Actor
Terms as President The Superhero Rescued 77 people from drowning as a lifeguard in Illinois Broke the “20 Year Curse” First President not to die in office if elected in a year with a “0” in it.
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Reaganomics 101 Law 1: Government should be small
Law 2: Federal budgets should be controlled Law 3: Tax Cuts = More Money for the people = Better Economy
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BUT… Dollars and Cents Reality Federal Deficit went up 51%
National Debt Increased to highest level ever up to that point. BUT…
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The 1980’s Boom median family income median household income
average household income Increased during his presidency Highest Average Growth of GNP in peacetime history ( )
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“Mr. Gorbachev, tear down this wall!”
Foreign Affairs On his inauguration day the Iranian hostages were released Defense Spending: (Star Wars) Made Key Contributions to Soviet/U.S. Relations Met with Soviet Leader Gorbachev Signed weapons treaty “Mr. Gorbachev, tear down this wall!” Ronald Reagan
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“Republicans believe every day is 4th of July, but Democrats believe every day is April 15.”
Ronald Reagan
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George H. Bush President 1989-1993
Berlin Wall Came Down during his presidency
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80’s Fashion Leg Warmers, Head Bands, Big Hair
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80’s Music Michael Jackson Prince Madonna U2 Bon Jovi AC/DC
Duran Duran Bruce Springsteen
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“Whoever Dies With the Most Toys Wins”
The Yuppies Urban Professionals Tired of Political Activism of 1960’s Single Big Incomes to spend on themselves Married Yuppies = DINKs(Double Income No Kids) No “cheap” Marijuana Only Cocaine, the “expensive drug” Stock Market Crash Ended the Yuppie Era in the 1980’s “Whoever Dies With the Most Toys Wins”
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Major Events/Achievements
Space Shuttle Columbia CNN MTV IBM Mass Produced Computers Sandra Day O’Connor Berlin Wall Fell Huge Stock Market Crash in 1987 Teenage Mutant Ninja Turtles
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