1. How do conservative domestic policies under Reagan change America?
The Reagan Revolution
How do conservative domestic policies under Reagan change America?

2. 1980 Election: Conservative Revolution
Jimmy Carter challenged in own party by Ted Kennedy
Conservative coalition of “Reagan Democrats” & “Moral Majority” help Reagan win easily election
Reagan wants to fix America with “new right” ideas:
1) Shrink size of federal government by cutting entitlements
2) Promote family values
3) Promote patriotism & strengthen national defense

3. Supply Side Economics aka Reaganomics
Reagan’s budget director David Stockman believed in “trickle down economics”
Supply Side Economics aka Reaganomics
1) Cut taxes on businesses & capital gains
2) Cut taxes on the wealthy so they will buy more products, which will then create jobs for middle class & poor
3) Cut Fed Budget: mass transit, food stamps, welfare, Medicaid, mental health and job training

4. Reagan removes many govt controls on banks & businesses
Reagan’s ideas are criticized as the rich are getting richer and poor getting poorer, Nancy Reagan’s luxuries compound this
Plan backfires, recession hits hard from July 81- Nov 82
However, when Reagan announces middle class tax cuts, economy begins to boom
Deregulation
Reagan removes many govt controls on banks & businesses
Results: 1) Prices fall w/ more competition 2) Corporate profits rise 3) Banks take more risks (more risks=more failures)

5. Air Traffic Control Strike
Air traffic controllers go on strike, claim wages have been flat
Issue: Public safety vs. right to strike, Reagan fires strikers
Discuss: Did Reagan do right thing with the air traffic strike?

6. Reagan & Environment
Issues for Environmentalists:
Ends alt energy tax credit, removes solar panels from WH
Appoints James Watt as Secy of Interior, who allow oil drilling on protected govt land
Positives for environmentalists: appointed first group to study climate change in the arctic

7. 1984 Re-election
1984: economy booming, Democrats challenging Reagan incl: ex-VP Walter Mondale, Sen Gary Hart & Rev Jesse Jackson
Mondale wins nomination picks Geraldine Ferraro as VP nom.
Reagan wins a landslide re-election