1. REAGAN’S DOMESTIC POLICIES
REAGAN & BUSH
REAGAN’S DOMESTIC POLICIES

2. RONALD REAGAN

3. THE ECONOMY Reagan proposed a tax cut and less government spending
Supply-side economics: increasing supply of goods
“Reaganomics”
What did Congress and Reagan do in 1981?

7. ECONOMY CONTINUED Domestic programs were cut…what was increased?
Military spending
Since we cut taxes and drastically increased military spending we increased our federal debt
Deficit spending
: $909 billion to $3.2 trillion
By 1983 the economy improved

9. 1984 ELECTION Reagan runs for re-election He wins because…
Of the strong economy, high employment, low interest rates

11. FUN FACT: HE USED TO BE AN ACTOR

12. REAGAN’S FOREIGN AFFAIRS
REAGAN & BUSH
REAGAN’S FOREIGN AFFAIRS

13. COLD WAR Increased military spending Built up the military
Strategic Defense Initiative (SDI)
“Star Wars”

17. USSR AND US USSR has another new leader: Mikhail Gorbachev
Glasnost and perestroika
Gorbachev and Reagan signed the…
Intermediate-Range Nuclear Forces (INF) Treaty

20. BUSH AND THE SOVIET UNION
REAGAN & BUSH
BUSH AND THE SOVIET UNION

21. GEORGE H.W. BUSH

22. USSR Gorbachev wants to continue the arms control started with Reagan
Strategic Arms Reduction Treaty (START)
glasnost
People demanding democracy; spreading throughout USSR and Eastern Europe
Movement eventually spread to Germany

24. GERMANY November 9, 1989: Berlin Wall falls
1990 East Germany and West Germany reunite to form Germany

30. USSR
December 25, 1991
Gorbachev announced the end of the Soviet Union and Communism
COLD WAR IS OFFICIALLY OVER!!!

34. MIDDLE EAST AND ECONOMIC ISSUES
REAGAN & BUSH
MIDDLE EAST AND ECONOMIC ISSUES

35. PERSIAN GULF WAR Saddam Hussein—Iraq’s dictator
Invasion of Kuwait—U.S. ally
President Bush launched Operation Desert Shield
Preventing an invasion of Saudi Arabia
Hussein was ordered to leave Kuwait
But he did not. Deadline of January 15, 1991

36. CONTINUED… Operation Desert Storm: attack of Iraq by air
Second phase of Desert Storm: a ground war
Military action stopped and Kuwait was liberated
Iraq accepted cease-fire terms

37. SADDAM HUSSEIN