This chapter discusses the political changes in the United States from the 1970s to the early 1990s, beginning with the Watergate scandal and presidency of Gerald Ford. It then covers Jimmy Carter's presidency, the rise of conservatism under Ronald Reagan, his economic and foreign policies, and the end of the Cold War under George H.W. Bush. Key events included the tax revolt, supply-side economics, deregulation, growing budget deficits, the Reagan Doctrine, collapse of the Soviet Union, and Clinton's election in 1992.