REAGAN Flashcards

1
Q

1980 election results

A

389 electoral votes vs Carter’s 44 votes

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2
Q

when was Reagan attempted assassination

A

March 1981

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3
Q

1984 election success

A

won every state but 2

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4
Q

when was the Iran-Contra Affair

A

1986-1987

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5
Q

what was Reagan’s popularity rate in 1989

A

70%

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6
Q

when were Gorbachev’s overtures

A

1985

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7
Q

Act passed in 1981 to cut welfare spending

A

Omnibus Budget Reconciliation Act

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8
Q

low income houses for families

A

1970 - 2.5 million low income houses for families but by 1985 there were 4 million families qualified

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9
Q

low income houses for families- Congress action

A

1987 pushed to increase spending on families by $1.6 billion

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10
Q

what was set up for federal housing projects

A

Federal Emergency Management Act

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11
Q

War on Drugs charges

A

750,000 faced charges every year of the 1980s

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12
Q

debt rises

A

average debt rose by 30% and foreclosures quadrupled with less regulations

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13
Q

leisure hours

A

went down by 10 hours by 1987

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14
Q

racial discrimination lawsuits in his first 6 months

A

5 lawsuits - Nixon filed 24

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15
Q

progress for women?

A

appointed first woman to justice supreme court - Sandra Day O’Connor

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16
Q

Bilingual Education -

A

40% of education cut

17
Q

gap between rich and poor

A

Richest Americans own 40% of US Wealth

18
Q

what economic act was passed to reduce taxes

A

Economic Recovery Tax Act decreased marginal income tax by 23%

19
Q

millionaires?

A

by 1983 there were 1.3 million Americans that were millionaires by assets

20
Q

jobs at the end of Reagan

A

1989 the USA had created 18 million new jobs

21
Q

national debt at the end of reagan

A

doubled to 2 trillion by 1989 - dollar weakened

22
Q

defence spending by 1984

A

£1.5 trillion

23
Q

how much did the Savings and Loans collapse cost and when was it

A

1983 - $160 bilion

24
Q

what did Reagan pass in response to the S&L collapse

A

Competitive Equality in Banking Act - covered the money lost

25
what effect did the S&L collapse have on property
the property market collapsed in 1989
26
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
27
regulation change
Reagan cut them in half by removing 23,000 pages from the regulation register
28
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
29
effect on textile industry
250 plants closing by 1985 cosing 300,000 jobs
30
unemployment
unemployment increased by 2% in 1983 but still only just 5% of the population
31
productivity
output per worker went from 1.5 to 4.5 1981-83
32
deficit
1980 - $59 million 1983 - $208 billion 14% of federal spending
33
Strategic Defense Initiative when
1983
34
From 1978-81 how many major airlines went bankrupt
8 - including Pan Am
35
American work for Japanese countries
By 1987 3 million Americans worked for Japanese companies