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(In brief topics that may seem random ) . The Rest of History. Also called Reaganomics! Tax cuts and reduced government spending should increase private investment Trickle-down economics Impact Left money in the hands of investors BUT: Created huge deficits . Supply Side Economics.
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(In brief topics that may seem random ) The Rest of History
Also called Reaganomics! • Tax cuts and reduced government spending should increase private investment • Trickle-down economics • Impact • Left money in the hands of investors • BUT: • Created huge deficits Supply Side Economics
Recession and Recovery • 1982- recession • Banks failed • Unemployment went up • But! • Inflation finally went out of the double digits! • 1983- recession over • Long recovery road Reagan had some fiscal issues
Sandra Day O’Connor • 1st woman on the Supreme Court • William Rehnquist • Scaled back affirmative action • Limited Roe v. Wade • Minors must notify parents of potential impending abortion. Supreme Court
Sell Iran’s government arms Give money to the contras in Nicagura Iran-Contra Affair
China 1989 Prodemocracy Crushing of protestors (literally) Tiananmen Square
Berlin Wall falls • Eastern Europe no longer all Commies • Oct 1990 • East and West Germany Reunited! • OTHER: • Balkans Berlin Wall (again!)
The First Gulf War • Operation Desert Shield • Operation Desert Storm The 1st Iraqi Police Action
START I • Strategic arms reduction treaty • NAFTA • North American Free Trade Agreement Other Agreements!
1998 • Impeached by the House • Acquitted by the Senate Bill Clinton