Election & Reagan
- Democrats came close to not even nominating Carter for a second term
- Ronald Reagan (Republican) narrowly won the popular vote but won an overwhelming electoral college vote
- Reagan's NEw Mroning in America caled for 1. tax reductions 2. opposition to abortion 3. support for prayer in school and endorsement of traditions and family values
- conservative religous figures like Jerry Falwell and Pat Robertson threw their support for Raeagan
- Reagan touted supply side economics
- They argued that large tax cuts on buisnesses and the wealthy would lead to investment and new jobs
- Congress approved Reagan's requests for tax cuts which favored rich people & buisnesses
- In conjunction the federal Reserve board kept interesxr rates high
- the result was an econimic recession
- the worst economic recession since 1929
- unemployement refused to drop after the recession ended
In other Domestic areas
- nominates Sandra Day O'Connor frist woman supreme court justice
- several othere new conseravitive judges but some were not accepted
- tried to relax enforcemnet of safety and environment laws
- in the end 1 of 5 households were below poverty level.
Election
- Reagan wins by a landslide
- republicans want to lower deficit
- later, conservatives were dissapointed with Reagan
Foreign Policy
- SDI or Star wars becomes the new policy
- the most money ever point into a government project
- Reagan used the military some as well
- Grenada becomes the next international crisis when their prime minister is killed
- marines are sent in to keep down protests
- Central America-US trains Contras to fight against the government in Nicaragua called the Sandinistas
- US Senate bans financial support to Contras but Reagan tasks his administration to find a way around the law.
- the result is rich buisness men to contribute money and it works.
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