REAGAN Flashcards
1980 election results
389 electoral votes vs Carter’s 44 votes
when was Reagan attempted assassination
March 1981
1984 election success
won every state but 2
when was the Iran-Contra Affair
1986-1987
what was Reagan’s popularity rate in 1989
70%
when were Gorbachev’s overtures
1985
Act passed in 1981 to cut welfare spending
Omnibus Budget Reconciliation Act
low income houses for families
1970 - 2.5 million low income houses for families but by 1985 there were 4 million families qualified
low income houses for families- Congress action
1987 pushed to increase spending on families by $1.6 billion
what was set up for federal housing projects
Federal Emergency Management Act
War on Drugs charges
750,000 faced charges every year of the 1980s
debt rises
average debt rose by 30% and foreclosures quadrupled with less regulations
leisure hours
went down by 10 hours by 1987
racial discrimination lawsuits in his first 6 months
5 lawsuits - Nixon filed 24
progress for women?
appointed first woman to justice supreme court - Sandra Day O’Connor
Bilingual Education -
40% of education cut
gap between rich and poor
Richest Americans own 40% of US Wealth
what economic act was passed to reduce taxes
Economic Recovery Tax Act decreased marginal income tax by 23%
millionaires?
by 1983 there were 1.3 million Americans that were millionaires by assets
jobs at the end of Reagan
1989 the USA had created 18 million new jobs
national debt at the end of reagan
doubled to 2 trillion by 1989 - dollar weakened
defence spending by 1984
£1.5 trillion
how much did the Savings and Loans collapse cost and when was it
1983 - $160 bilion
what did Reagan pass in response to the S&L collapse
Competitive Equality in Banking Act - covered the money lost