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From “Age of Limits” to Age of Reagan. Mr. Ermer U.S. History Honors Miami Beach Senior High. The Ford Custodianship. Gerald Ford inherits troubled presidency Two domestic objectives: Restore confidence in government Fix economic problems
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From “Age of Limits” to Age of Reagan Mr. Ermer U.S. History Honors Miami Beach Senior High
The Ford Custodianship • Gerald Ford inherits troubled presidency • Two domestic objectives: • Restore confidence in government • Fix economic problems • Pardoning of Nixon hurts Ford’s popularity, but still trusted • Economy continues to slide, oil crisis worsens • Retains Kissinger as Secretary of State • Negotiates w/ Soviet Premier Brezhnev for SALT II • Negotiates with Israel to return Sinai Peninsula to Egypt, peace treaty • Republicans attack Ford for being “soft” on Communists • Jimmy Carter=Democratic candidate in Election of 1976 • Jimmy Carter wins close race
President Jimmy Carter(1976-1980) • Carter seen as Washington outsider • Carter’s economic policies do not end recession • Declining unemployment, rising inflation • Energy Crisis & Gas Shortage • “Morality In Foreign Policy”—focus on human rights • Panama Canal treaties • Signs SALT II, Opens China to more trade • Soviet Union invades Afghanistan in 1980 • Names Soviet Union a human rights violator • Boycott of 1980 Moscow Olympic Games • Camp David Accords • Iran Crisis • Ayatollah Khomeini overthrows the Shah in Islamic Revolution • November 1979: Iranian students storm U.S. embassy • Hostages released the day Carter left office
The “New Right” • 1970s: Population shift to suburbs of Sunbelt • Sunbelt resents regulations and restrictions of liberal state • Religious revival of Evangelical “Born-Again” Christianity • Baptist Billy Graham and Pentecostal Oral Roberts • Evangelicals politicized, fight against many issues (feminism, Supreme Court decisions, general “immorality” in American society) • Jerry Falwell and the “Moral Majority”—rise of the “Christian Right” • The Christian Coalition • Catholics, Evangelicals, and Mormons join to fight certain issues (i.e. abortion) • Mid-1960s: Conservatives build new communication, fund raising network (think tanks, consulting firms, lobbyists, schools) • Opposition to taxes • Ronald Reagan rises as leader of New Right • Reagan easily defeats Carter in election of 1980
The “Reagan Revolution” • The Reagan Coalition • Corporate Elites, Neo-Cons, Populist Conservatives • The Reagan White House • Not “hands on” with day to day governance, used trusted advisors • Carefully cultivated public image of fearless, telegenic, effective speaker • “Reaganomics” • Supply-side economic theory, “trickle down” economics • Lower taxes, cut domestic spending • Deregulation • Recession of 1982 • The Fiscal Crisis • Soaring National Debt • Welfare Benefits Cut