4- Presidents 1974-2000 Flashcards
When was Reagan president, what problems did he inherit?
1981-1989
Serious economic problems: world recession(factory closures, rising unemployment), high budget deficits
What were reagans economic policies
Reaganomics
he cut taxes for business and wealthy so they would spend more- this wealth would ‘trickle down’ to middle and lower classes,
Welfare program(e.g food stamps&support for poor) cut,
Biggest tax cut- gov didn’t collect much money compared to how much was being spent. National debt increased to 1 trillion,
When was bush president
1989-1993
What did bush have a reputation as
A safe pair of hands
What did bush have to deal with
Economic problems run up by Reagan years
What did bush do with taxes?
Increased direct taxes and reduced number of wealthy people exempt from tax
What did bush do to military spending
Cut it
What did the unemployment rate peak at
7.8%- highest since 1984
How many people living in poverty in 1992
14.2%
When was the Americans with disabilities act signed and what was it
1990, forbade discrimination based on disability in employment, accommodation and transport.
What was the Clean Air Act
Reduce smog, curb acid rain and eliminate emissions of toxic chemicals
What was the DIA, was it successful?
Drug enforcement agency, employee drug testing & increased border controls- had little effect
When was Clinton president, what was his aim
1992-2001, reduce deficit and increase gov spending& investment in education and welfare
When did Clinton achieve a balanced budget for the first time since when
1998, since 1969
How had the value of the stock market changed in Clinton’s presidency
Tripled
What rate was unemployment at in Clinton’s presidency
It’s lowest for 30 years
How did Clinton boost the US export market
North American Free Trade Agreement with Canada and Mexico
How many jobs had been created in 8 years
22 million+
What were the African American and Hispanic unemployment rates
Lowest rates on record
What was the minimum wage in 1997
5.15
When was the whitewater scandal, what was it?
1996, Clinton’s business associates convicted of fraud. No evidence was found against him but proof was found of him having an affair. He was impeached for lying under oath about the affair
What was reagans space programme- when and what happened
1986, massive failure. Many shuttled exploded, including one carrying secret military equipment. Drained the economy
What did Reagan do in the aids epidemic
Was slow to put gov spending on research and prevention, criticised by many for his involvement and also being slow
What was reagans involvement with civil rights
Incurred the anger of many civil rights organisations when he disagreed with congress about making MLK’s birthday a national holiday. Only voted for it when there was overwhelming favour in congress.
Lost women’s support in 1980 when he opposed abortion and and showed a lack of concern for gender equality
What did Reagan do with the war on drugs? Was it successful?
1982 declared illicit drugs to be a threat to us national security. 1988 created the Office of Nation Drug Control Policy to coordinate drug related policies in the gov. Unsuccessful
Why did Clinton keep interest rates low
Made it possible for more families to buy homes
What did Clinton fail to introduce
Universal health insurance