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The 80’s

The 80’s. Reagan. Elected at 69, the oldest man to serve as president Was distrustful of the federal government. “The Great Communicator”. http://www.youtube.com/watch?v=NpwdcmjBgNA - Bear in the Woods. Reaganomics. Tax cuts will stimulate the economy Expanding economy = more tax revenue

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The 80’s

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  1. The 80’s

  2. Reagan • Elected at 69, the oldest man to serve as president • Was distrustful of the federal government

  3. “The Great Communicator” http://www.youtube.com/watch?v=NpwdcmjBgNA - Bear in the Woods

  4. Reaganomics • Tax cuts will stimulate the economy • Expanding economy = more tax revenue • Reduce government spending • Cut food stamps, welfare and unemployment • Supposed to redistribute wealth • Wealthiest average income grew 75% • Poorest grew only 7%

  5. Reaganomics • Federal regulations impeded economic growth • Abolish or reduce federal regulation of the workplace, healthcare, environment • So long, New Deal and Great Society!! • One result: Deinstitutionalizing the mentally ill

  6. Where did the money go? $1.2 trillion defense buildup

  7. 1986 - Scandal • “Arms for Hostages” deal with Iran to release hostages held in Lebanon by pro-Iranian forces • Profits were used to fund the Contras

  8. Reagan Legacy • Conservative judicial appointments • O’Connor, Scalia and Kennedy • National Debt • TRIPLED in his two terms

  9. Decade of Indulgence • Yuppies • Young Urban Professionals • Moneymakers concerned with material things

  10. Technology and the Media • Cable television! • Specialized in one type of broadcasting or a specific audience • CNN • BET • MTV • Rap! • Video Games!!

  11. Society Under Stress • Crime and Drugs • DARE • Alcohol • MADD • Nationwide drinking age • AIDS

  12. Social Activism • Gay Activism • Stonewall riots • Environmental Activism • Artists as Activists • “Band Aid” • Older Americans too! • AARP • http://www.youtube.com/watch?v=P2H6mpUnsLI

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