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
what effect did the S&L collapse have on property
the property market collapsed in 1989
effect on farmers
suicide rate of farmers became 4 times higher than any other workers
in 1986 the Save the Farm Campaign was set up
regulation change
Reagan cut them in half by removing 23,000 pages from the regulation register
when was the Air Traffic Strike and how did Reagan deal with it
1981 - Reagan fired them and sent in the military to cover them until new workers were found
effect on textile industry
250 plants closing by 1985 cosing 300,000 jobs
unemployment
unemployment increased by 2% in 1983 but still only just 5% of the population
productivity
output per worker went from 1.5 to 4.5 1981-83
deficit
1980 - $59 million
1983 - $208 billion
14% of federal spending
Strategic Defense Initiative when
1983
From 1978-81 how many major airlines went bankrupt
8 - including Pan Am
American work for Japanese countries
By 1987 3 million Americans worked for Japanese companies
