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Location: Fredericksburg, Virginia

Tuesday, April 21, 2009

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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