1. CONSERVATIVE POLICIES UNDER REAGAN CHAPTER 33, SECTIONS 2 & 3

2. IMPORTANT TERMS REAGANOMICS SUPPLY-SIDE ECONOMICS STRATEGIC DEFENSE INITIATIVE TRADE IMBALANCE SANDRA DAY O’CONNOR WILLIAM RHENQUIST GERALDINE FERRARO

3. TIMELINE 1984: REAGAN RE-ELECTED 1988: GEORGE BUSH, Sr. ELECTED

4. Ronald Reagan, 40 th President of U.S.

5. Pres. Ronald Reagan & Vice-President George H.W. Bush

6. Ronald Reagan

7. Ronald Regan, Actor

8. KNUTE ROCKNE, ALL- AMERICAN MOVIE POSTER

9. Ronald Reagan in California

10. REAGANOMICS WHAT WAS REAGANOMICS? PRES. REAGAN’S PLAN / POLICY TO IMPROVE THE U.S. ECONOMY EXPLAIN: REAGANOMICS WAS BASED ON 3 BASIC PRINCIPLES: LARGE TAX CUTS… WOULD INCREASE PRIVATE INVESTMENTS… WOULD INCREASE U.S. SUPPLY OF GOODS & SERVICES OTHER PRINCIPLES OF REAGANOMICS: SUPPLY-SIDE ECONOMICS: DEFINE: CUTTING TAX RATES… GAVE PEOPLE MORE INCENTIVE TO WORK, SAVE & INVEST HOW DID IT WORK (IN THEORY)? MORE BUSINESS INVESTMENT = MORE JOBS WHY? ENTREPRENEURS & OTHER SUPPLIERS DEVELOPED NEW PRODUCTS & SERVICES MORE WORKERS = MORE TAXPAYERS MORE TAXPAYERS = WEALTHIER U.S. GOV’T.

11. REAGANOMICS (CONT’D.) SUPPLY-SIDE ECONOMICS WAS ALSO CALLED… TRICKEL-DOWN ECONOMICS WHY? BECAUSE THE PROSPERITY ENJOYED BY THE BUSINESS OWNERS WAS SUPPOSED TO “TRICKLE- DOWN” TO THE WORKING CLASSES SUPPLY-SIDE ECONOMICS: PROS? INFLATION DECREASED STOCK MARKET IMPROVES UNEMPLOYMENT DECLINED GROSS NATIONAL PRODUCT (GNP): UP 10% CONS? NATIONAL DEBT INCREASED EX.: 1980-92: $900 BIL. TO $4 TRILLION TRADE IMBALANCE (DEFINE)

16. OTHER DEVELOPMENTS SUPREME COURT MOVES TO THE RIGHT: EXAMPLES? SANDRA DAY O’CONNOR: 1 st WOMAN APPOINTED TO THE SUPREME COURT WILLIAM RHENQUIST: VERY CONSERVATIVE JUSTICE BECOMES CHIEF JUSTICE SO WHAT? REAGAN (AND LATER BUSH, Sr.) MAKE SUPREME CT. MORE CONSERVATIVE INCREASED MILITARY SPENDING: WHY? TO STIMULATE THE ECONOMY CONCERN OVER SOVIET THREAT EXAMPLE? STRATEGIC DEFENSE INITIATIVE (S.D.I.): NICKNAMED “STAR WARS” GOAL: TO ELIMINATE SOVIET ICBM THREAT

17. Reagan at the Berlin Wall: “Mr. Gorbachev, tear down this wall!”

18. S.D.I. / “STAR WARS”

20. S.D.I. ISSUE ON TIME MAGAZINE COVER

21. DE-REGULATION REAGAN DEREGULATES THE ECONOMY WHY? TO STIMULATE MORE BUSINESS & BUSINESS PROFITS EXAMPLES? SAVINGS & LOAN INDUSTRY: S & L’s ALLOWED TO INVEST IN COMMERCIAL REAL ESTATE PROBLEM? RISKY INVESTEMENTS LED TO S & L FAILURES EFFECT? INVESTOR SAVINGS WIPED OUT OTHER EXAMPLES? E.P.A. BUDGET CUT

22. THE 1984 & 1988 ELECTIONS CONSERVATIVES WIN BOTH ELECTIONS: SO WHAT? REPUBLICAN PARTY IN WHITE HOUSE FOR 3 TERMS (12 YEARS) WHY? CONSERVATIVE COALITION HAD MANY GROUPS / SUPPORTERS COALITION HAD WIDE GEOGRAPHIC SUPPORT IN U.S. SEE P. 986, TOP

23. CHAPTER 33, SECTION 3 IMPORTANT TERMS: A.I.D.S. ACQUIRED IMMUNE DEFICIENCY SYNDROME PAY EQUITY L. DOUGLAS WILDER JESSE JACKSON AFFIRMATIVE ACTION

24. CHAPTER 33, SECTION 3 IMPORTANT DATES: 1983: A NATION AT RISK REPORT PUBLISHED 1984: REV. JESSE JACKSON RUNS FOR DEMOCRATIC PARTY PRESIDENTIAL NOMINATION 1988: JACKSON RUNS AGAIN 1990: L. DOUGLAS WILDER ELECTED GOV. OF VIRGINIA 1992: THE RODNEY KING RIOTS

25. NEW PROBLEMS New Problems: Health Issues Examples: A.I.D.S. Origin: Most likely Central / East Africa How? Animal – Human, then Human – Human Primarily Blood-borne / Bodily fluids H.I.V. virus is source N.America: 1 st becomes noticed in Gay / Bisexual and I.V. Drug user groups Reaction? Bad; Gov’t. is not sympathetic to victims Gov’t funds for research are slow to develop Result? Disease jumps into Heterosexual community Is still an ongoing health concern

28. A.I.D.S in Europe

29. NEW PROBLEMS (Cont’d.) DRUG USE & EPIDEMICS: PROBLEM: Drug use among citizens continued to increase in 1980’S WHAT GROUPS? Primarily young Americans “NEW” DRUGS ADD TO TROUBLE: Examples:  Cocaine  “Crack”  PCP  Methamphetamines / Synthetic Drugs (“Ecstasy”, “Crank”, etc.) WHY IS PROBLEM GETTING WORSE? Answer: Expansion of drug use coincides w/ more gang-related violence Examples:  1980: 10 U.S. cities reported major gang-related violence  1990: 125 U.S. cities report major gang-related violence

30. NEW PROBLEMS (Cont’d.) Gov’t Response to Drug problem: Nancy Reagan: Just Say No! Campaign Gov’t. begins random drug testing Congress cuts off college loans & public housing for marijuana users U.S. Military becomes more heavily involved in drug enforcement (Coast Guard, Navy, Army) Penalties increased for drug users / dealers Result? “The War on Drugs” begins Problem: Drug dealers / suppliers constantly change methods of distribution / production

31. 2007 Major Drug Problems by Region Green: Marijuana Blue: Cocaine Red: Methamphetamines

33. Major International Drug Traders

35. Pablo Escobar Rayful Edmond, III  Body of Pablo Escobar  after shootout, 1993

36. TIME Magazine Cover, July, 1991

37. NEW PROBLEMS (Cont’d.) 1983: Presidential Commission Report Subject: U.S. education Title: A Nation at Risk Result? Reports serious problems w/ U.S. education Examples? Scores on standardized tests among students had declined since 1957 Most 17-yr. olds couldn’t read a paragraph in English 23 mil. Americans couldn’t follow instruction manuals or complete job application form Most 17-yr. olds could find U.S. on a world map Response: Many suggestions, few effective

38. The Reverend Jesse Jackson

39. GUESS WHO (Again)?

40. L. Douglas Wilder, Governor of Virginia

41. THE RODNEY KING RIOTS WHEN? April,1992 WHERE? Los Angeles WHY? Acquittal of 4 LAPD officers charged w/ videotaped beating of motorist Rodney King RESULT? Widespread violence / looting in Central L.A.

42. Rodney King Video, 1991