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Essential Question. What were the important events of the Reagan and Bush (the Elder) presidencies? . 1980s. Ronald Reagan. Former actor Two term governor of California Elected in 1980. Reagan Politics. - PowerPoint PPT Presentation
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Essential QuestionEssential Question
What were the What were the important events of the important events of the Reagan and Bush (the Reagan and Bush (the Elder) presidencies? Elder) presidencies?
1980s1980s
Ronald ReaganRonald Reagan Former actorFormer actor
Two term Two term governor of governor of CaliforniaCalifornia
Elected in 1980Elected in 1980
Reagan PoliticsReagan Politics ““In this present In this present
crisis, government crisis, government is not the solution is not the solution to our problem. to our problem. Government is our Government is our problem.”problem.”
Americans need to Americans need to believe in believe in themselvesthemselves
U.S. EconomyU.S. Economy Economy Economy
suffering from suffering from high high unemployment, unemployment, high inflationhigh inflation
Supply-Side EconomicsSupply-Side Economics The economy is The economy is
weak because weak because taxes are too hightaxes are too high
Remove taxes, Remove taxes, businesses would businesses would invest in invest in expansionexpansion
ReaganomicsReaganomics ““Trickle-down Trickle-down
economics”economics”
Keep interest Keep interest rates highrates high
Massive tax cutsMassive tax cuts
ReaganomicsReaganomics Accepted a Accepted a
budget deficit in budget deficit in order to cut order to cut taxes and build taxes and build a strong militarya strong military
Economy going Economy going strong by 1984strong by 1984
Growth of the MilitaryGrowth of the Military American buildup American buildup
might pressure might pressure Soviets to follow Soviets to follow and collapse and collapse communismcommunism
Reagan DoctrineReagan Doctrine U.S. should U.S. should
support guerilla support guerilla groups fighting groups fighting to overthrow to overthrow communist communist governmentsgovernments
AfghanistanAfghanistan
NicaraguaNicaragua
GrenadaGrenada
Iran-Contra Iran-Contra AffairAffair
Government officials Government officials sold weapons to Iran sold weapons to Iran in exchange for the in exchange for the release of American release of American hostageshostages
Profits from the sales Profits from the sales sent to the contras sent to the contras (counterrevolutionari(counterrevolutionaries in South America)es in South America)
Star WarsStar Wars Strategic Defense Strategic Defense
Initiative (SDI)Initiative (SDI)
Development of Development of weapons that weapons that could intercept could intercept and destroy and destroy incoming missilesincoming missiles
Mikhail GorbachevMikhail Gorbachev New Soviet leader New Soviet leader
(1985)(1985)
Summit meetings Summit meetings with Reaganwith Reagan
Believed the USSR Believed the USSR must reform its must reform its economy or collapseeconomy or collapse
Election of 1988Election of 1988 Republican – Republican –
George Bush Sr.George Bush Sr.
Democrat – Democrat – Michael DukakisMichael Dukakis
Victory for BushVictory for Bush
Cold War EndsCold War Ends Late 1980s – Soviet Late 1980s – Soviet
economy in collapseeconomy in collapse
Gorbachev allowed Gorbachev allowed greater freedomsgreater freedoms
Democratic Democratic governments in governments in Eastern EuropeEastern Europe
Cold War EndsCold War Ends Nov. 9, 1989 – Nov. 9, 1989 –
guards at the guards at the Berlin Wall Berlin Wall opened the gatesopened the gates
1990 - East and 1990 - East and West Germany West Germany reunitedreunited
Persian Gulf Persian Gulf WarWar
August 1990 – August 1990 – Saddam Hussein Saddam Hussein invaded Kuwaitinvaded Kuwait
Jan. 16, 1991 – Jan. 16, 1991 – launch of launch of Operation Desert Operation Desert StormStorm
Persian Gulf WarPersian Gulf War Six weeks of Six weeks of
missile missile bombardmentbombardment
Massive ground Massive ground attack – 100 attack – 100 hours until Kuwait hours until Kuwait declared liberateddeclared liberated
1992 Election1992 Election Democrat – Democrat –
Bill ClintonBill Clinton
Republican – Republican – George BushGeorge Bush
Independent Independent – Ross Perot– Ross Perot