1980 90s

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1980 90s

  1. 1. Presidents: Ford to Clinton
  2. 2. What domestic problems did Ford face?
  3. 3. <ul><li>Nixon pardon </li></ul><ul><li>Inflation </li></ul><ul><li>Recession </li></ul><ul><li>Vetoed more than Hoover, 39 bills in during 15 months </li></ul>
  4. 4. What was memorable about the election of 1976, and the domestic program of Carter?
  5. 6. <ul><li>Very low voter turn out </li></ul><ul><li>created Dept. of Energy </li></ul><ul><li>created Dept of Education </li></ul><ul><li>Gave amnesty to draft dodgers </li></ul><ul><li>A 2nd oil crisis in 79 and Iran bring approval ratings down to levels lower than Nixon’s </li></ul>
  6. 7. Why did Reagan get elected in 1980 and 1984?
  7. 8. Why did Reagan get elected in 1980 and 1984? <ul><li>Voters getting older </li></ul><ul><li>Revival of religious fundamentalism </li></ul><ul><li>Deep dissatisfaction with Carter </li></ul>
  8. 9. How did Reagan address the nations economic problems? <ul><li>Cut taxes </li></ul><ul><li>Increased defense spending </li></ul><ul><li>Cut social services spending </li></ul><ul><li>Tax cuts defense spending = huge deficits </li></ul>
  9. 10. <ul><li>“ Reaganomics” or “Trickle Down Economics” </li></ul><ul><li>Belief that $$$$ for the wealthy and business helps everyone else </li></ul>
  10. 11. What caused the economic slump during Reagan’s first term? <ul><li>Bankers feared the deficit would devalue bonds </li></ul><ul><li>So interest rates were too high for growth </li></ul><ul><li>Defense and Social Security Spending </li></ul>
  11. 12. What did he do about it?
  12. 13. <ul><li>Couldn’t cut defense or Social Security </li></ul><ul><li>Instead </li></ul><ul><ul><li>Cut aid to things like education, school lunches, and cultural programs </li></ul></ul><ul><ul><li>Then raised taxes </li></ul></ul>
  13. 14. What factors enabled Reagan’s Election in 1984? <ul><li>Low inflation </li></ul><ul><li>OPEC lowers oil prices </li></ul><ul><li>promised to cut taxes </li></ul><ul><li>Mondale was a Geek </li></ul>
  14. 15. What was that Iran-Contra thing about? <ul><li>Hostages in Lebanon </li></ul><ul><li>US secretly sold arms to Iran in exchange for getting the hostages freed </li></ul><ul><li>$$ from deal went rebels in Nicaragua </li></ul>
  15. 16. What economic event marked a low point in the 1980’s? <ul><li>Black Monday, Oct 19, 1987 </li></ul><ul><li>market plunged 23%, double the crash of 1929 </li></ul><ul><li>$560 billion lost </li></ul>
  16. 17. What were George Bush’s domestic priorities?
  17. 18. What were George Bush’s domestic priorities? <ul><li>Drug War </li></ul><ul><li>“ No new taxes” </li></ul><ul><li>Reducing national debt </li></ul><ul><li>Reducing debt made it hard not to raise taxes </li></ul>
  18. 19. What were Bill Clinton’s domestic Priorities? <ul><li>Health care </li></ul><ul><li>Economic recovery </li></ul><ul><li>Impeachment </li></ul>

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