Introductory Flashcards
Summary of manifesto
Right wing, republican
Lower taxes and reduce ‘big Gov’t’- too many officials interfering with everyday life
Shift away from liberalism and Great Society
Loss of confidence before Reagan
USA losing war
Tarnished by WGate
Oil crisis
Iran hostage crisis
Why would lowering taxes be problematic?
Due to international context of Cold War, US opposed to Soviet Union
Similarities of Reagan and 1920s republicanism
1) Anti Union (laissez faire)
2) big business corporation to monopolise
3) tax reductions
4) farming and mining suffers as new industry flourishes- computing (car)
5) wealth concentrated at top
6) encourage financial speculation- stock market crash 1987 (Wall Street 29)
7) rugged individualism- Bill Gates (Ford)
Differences of Reagan and 20s presidency
R obsessed with fighting communism in 20s, not a lot of $ spent on defence
Reagan used media a lot more
Reagan and Roosevelt
New policies
Good with media
Economic policies to fix US
Charismatic