USA REAGAN Flashcards
what where the reason that americans thought there country was drifting from carter
- many said the ussr would become the next super power
- energy crisis economic decline and rising crime
what was regans aim
supply side economics to curb inflation
reduce the budget defecit
lower taxes rejuvinates the economy
increase in defence speding
he aimed to give money to the truley needey like diabled and child barers which reduced the amount of money gained from cutting wealfare bugets
what was the economic recovery tax act 1981
reduced taxes
35.2 billion taken out due to budget cut mainly of welfare programmes
what where the problems in 81 and 82
-deficit doubled to 110.6 billion
national debt went above 1 trillion
-tax equity and fiscal bill 1982 reversed some business tax concessions increased
- lead to mass loss of joibs
what where the sucsess of regans policy by 1983
increases in jobs and lower unemployment due to 1.5 tillion being spent since 81
how many millionaris where there in 1988
1.3 million 574,000 in 1980
how many billionaris where there in 1987
47 billionaires
how much did inflation fall in 1982
13.5 to 6.2 percent
hoiw did unemployment fall incomparison to carter
45% Reagan
27% carter
how many jobs where created between 19883 and 1989
18 million
what was the national debt in 1986
2 trillion
what was unemplyment inequality around the USA
5.6% in calafornia and east coast
7.8 percent rest of the country
they had75% of the new buisness in these regions and 60% of the new jobs
what happened due to de regulation n
places like boltamore and cleavland 20% of the population lived below the poverty line
due to increase in foreign competition in business
when where foreign imports deregulated
1984
when where fuel prices de regulated
1981
when where natural gas supplies de regulated
1983
what resulted from degreulatoin
more gioverment intervaention as mess needed clearing up
what was the competative equality in banking act 1987
covered money lost by dergulating banks
what act was Regan forced to singin by congress in 1985
food security act
what happened to tv veiwing figures after regan
Tv debates had 67.5 million viewers in 1992 they had 69.9 million meaning after Reagan politics was valued again.
what where the events of the iran contra
-1985 secrectly orginsied the sales of arms to irn in order to sucure realsea of american hostages
-also high ranking US officals also diverted funds of miltary supplies to the contra right wing group in nicuragu in defiance of the 1984 congressional ban
- regan denied involvment but man think he ws fully aware
what saved Reagan from impeachment
-didn’t want memory of Watergate and attack a popular president
- most Americans didn’t care
-the high ranking officials took a lot of the blame for both scandles
what was Reagan approval rating after iran contra
46%
what happened to voter turn out
54%-52.8%
what happened to free time between 1980-1989
26 hours to 16hours
