1980s- Present Day Flashcards
Reagan Administration (1980)
- Very conservative, hates Soviet Union
2. Domestic Policy- use trickle down economics to solve inflation
Strategic Defense Initiative (Star Wars)
- Reagan says US will launch satellites with lasers which can destroy Soviet missiles
- Soviet Union tries to compete, but runs out of money and collapses, ending Cold War
1990s Trade Imbalance
- US is buying lots of stuff from Japan, but Japan isn’t buying anything from US
- US is spending more money than they’re making
Iran Contra Affair
- Government worker illegally sells weapons to Iran (enemies) and gives the money to the Contra of El Salvador (bad people)
- Reagan isn’t blamed for the affair
Persian Gulf War (Desert Storm)
- Bush administration- US goes to Kuwait to push Iraq military back to Iraq
- Angers Muslim community because women in military aren’t dressed conservatively
Clinton Administration
- Goal is to get universal healthcare, but is unsuccessful
2. Impeached for lying under oath
NAFTA
- Clinton, North American Free Trade Agreement- eliminates tariffs between US, Mexico, and Canada to benefit all economies but predominately Mexico
- Companies begin moving to Mexico, which has less regulations.
1990s new foreign policy
- US wants to become the world’s police force
2. US military gets involved in Haiti, Bosnia, and Somalia to establish order and help out
2000 Presidential Election
Bush wins very narrowly, votes are recounted but the Supreme Court decides the election.
War on Terror
- Post 9/11, US will attack countries with terrorists
2. Iraq has weapons of mass destruction, Afghanistan is a safe haven for terrorists
Patriot Act
Allows the federal government to monitor electronic communication without a warrant or probable cause
Obamacare (Affordable Care Act)
- You have to have health insurance
2. If you can’t afford insurance the government will pay for it.
Bailout
Obama gives money to wealthy companies to prevent them from going out of business and keeping people employed.