1. 80s & 90s

2. Reaganomics “Trickle Down” Tax Cuts = more citizen spending
Reducing business regulation = growth
Conservative Economics

3. Reagan Supported by Religious Conservatives in “the moral majority”
Also supported by traditionalist “heritage Foundation”
Appt. 1st female to Supreme Court /Sandra Day O’connor

4. Reagan Foreign Iran-Contra Affair – Gave Iran weapons for hostages
Star Wars and Defense Spending one reason for the fall of the Berlin Wall and the end of the Soviet Union

5. George HW Bush Sent Troops to the Persian Gulf to protect oil
Medical Leave Act gave vacation rights to parents of newborns
Americans with Disabilities act barred discrimination against disabled

6. Clinton Clinton (D) but a majority of (R) in congress
Promised much reform for bad economy
Hillary highly esteemed as 1st lady. Later Secretary of State for Obama

7. Clinton Foreign Policy
Est. NAFTA with Mexico and Canada
GATT replaced by the World Trade Organization WTO which increased globalization

8. Clinton
Trade made goods cheaper and the global economy improved but also sent many jobs out of the US
US economy recovers as the internet expands