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Summary Reagan's Presidency
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Notes on Reagan's Presidency, including his involvement in the Iran-Contra Affair, Raganomics, and the social, political, and economical impact from policies
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WHY ARE THERE DIFFERENT VIEWS ON REAGAN?Reagan was a controversial and polarising figure in politics, and therefore his impact and
legacy has been remembered differently by those on opposite sides of the political spectrum.
Liberals are mostly very critical of Reagan, whilst Conservatives revere him as some sort of
hero. Most historians do mostly agree however on one particular aspect of Reagan’s
presidency – It was significant and influential.
1967-75 California’s 33rd Governor
1968 Lost the Republican presidential candidacy to Nixon
1976 Lost the Republican presidential candidacy to Ford.
Nov 1980 Elected to be the 40th President of the USA.
Jan 1981 Inaugurated as President.
March 1981 Survived assassination attempt.
Aug 1981 Major economic reform bills passed and signed into law.
Jan 1983 Social Security Reform Act signed.
Dec 1985 Congress mandated cuts to balance the budget by 1991.
Nov 1986 Iran-Contra controversy uncovered.
Feb 1987 The Tower Commission criticises Reagan’s management (delegatory).
Oct 1987 Bork rejected by the Supreme Court.
Nov 1988 Bush (Reagan’s VP) elected to be the 41st President.
,Crash Course – Ronald Reagan
1. Why is it odd that Reagan gets a lot of credit for his administration’s changes to America?
He was one of the least hands-on presidents
2. How did Reagan win over the ‘Religious Right’? And why was this a little hypocritical?
He stood for family values, even though he was the first president to have been
divorced
3. Why was there a ‘White Backlash’?
Working class white people who resented the advances that black people had made
1960-1970
4. Why did ‘Economic Conservatives’ like Reagan?
They liked his ideas of low taxes, free markets, anti-government and crusaders
5. What were the main aspects of Reagan’s “Economic Bill of Rights”?
Union power, reduced federal regulation of industry and the environment and lowered
taxes
6. How far was the top-rate of tax lowered during Reagan’s presidency?
70% - 50% = biggest drop
28% overall
7. What is the other term for “Supply-Side Economics”?
8. Give a brief explanation of what “Supply-Side Economics” is…
9. How far did inflation fall during Reagan’s presidency?
1981=13.5%
1938=3.5%
10. What were the expensive government items that Reagan didn’t cut?
Social security, medicare and medicaid
11. How big did the national debt become due to defence spending?
2.7 million US $
12. What happened to air-traffic controllers who went on strike in 1981?
Reagan tried more man 11 thousand controllers who refused to return to work
13. By the mid-1990s, how much wealth did the richest 1% control?
40% of the nation's wealth
14. What was one reason why homelessness increased during the 1980s?
Closure of institutions for the mentally ill
15. Who was the first woman appointed to the Supreme Court under Reagan?
, Murica Moment
16. What was the nickname for Reagan’s “Strategic Defence Initiative”?
Star Wars
17. How many marines were killed by a car-bomb in Lebanon?
241 marines
18. Who were the Contras, and why did Reagan want to support them? Why did this go so
badly?
Rebels seeking to overthrow the socislist sanguinis governments of Nicaragua
because they were anti-congress
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1.8 Problem 5
