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What did the increase in defence spending mean for unemployment rates in 1988
Deceased it to 5.5% from 7% in 1980
How many new jobs were created from increase defence spending
7 million
How much did Reagan cut federal spending by in 1982
35.2 billion
What was inflation down to by 1989
4.7%
What did ERTA do 1981
Reduced the top tax bracket from 70%-50%
What did 1986 tax reform act do
Reduced tax from 50%-25%
Level of unemployment in 1983
9.6%
The decline in textile jobs 1980-1985
300,000 lost jobs due to foreign imports being cheaper
How many were below the poverty line in Baltimore and Cleveland in 1985
20%
What did the equality of banking act 1987 do
Cover the money lost by S and Ls (10 billion) from risky investments they made due to deregulation
Why did bush sign the 1989 FIRREA
bailed out closing failing organisations and set up federal regulators at a cost of 150 billion
What was Reagan debt by 1989
2.7 trillion
What was new federalism
Decreasing size of gov and giving power to states
Cut department of education down by 25% and decreased education grants by 63%
What did reagan do to education
How many pages did Reagan remove from federal register
23,000
What did Reagans lack of intervention in trade market do
Led to foreign imports becoming much cheaper and loss of American companies
How much did government rise by whilst Reagan was president
3%
What social security did he leave intact
Medicare, vets benefits, school lunches, head start
What was workfare
Requires atleast one working parent before paying a family benefits, lots of work paid below minimum wage
Reduced from 32.2 billion in 1978- 9.2 billion in 1988 led to 3.7 million qualifying for these homes but no homes
Cuts in building low cost homes
How much did homelessness rise by
200,000-400,000
How much did the average mortgage debt increase by between 1980-1987
30% and the rate of foreclosure quadrupled
What did deregulation of working conditions lead to
Many people had less leisure time in 1973 it was 26 hrs in 1987 16 hrs
How many black and Hispanic judges did Reagan appoint
5 black, 15 Hispanic out of 368
What did Reagan not support
Equal rights, abortion, strikes, counter culture
How much was the bill to help the homeless in 1987
Increase funding from 300 million in 1984 to 1.6 billion in 1987
What did working families that are not on welfare benefit from
Tax cuts
What woman did Reagan appoint
Sandra day for the Supreme Court
What did the federal government provide funding for in 1982
AIDS research
how much did women earn by 1990
They earned 72% of what men did rather than 62% in 1980
How many viewers did the Reagan carter debate bring in
80.6 million
What thinking did Reagan introduce
New right thinking which united republicans and some democrats
how did Reagan bring back business into government
Through huge campaign contributions
Foreign successes
Won the Cold War fist American president to have talks with Gorbachev Russian president
What was Reagans approval rating in 1989
70%
1986 Iran contra affair
Supplying arms to Iran to free us hostages and with that money supplied the contras in Nicaragua who were fighting communist government
What did bush have to do as a result of Reagan
Reduce defence spending a raise taxes
Trickle down economics
Reagan believed the more he benefitted the rich with tax cuts the more they would benefit the poor
Supply side economics
Tax cuts lead to wealthy being more likely to invest in America and stimulating more jobs and therefore increasing productivity
Reagan civil rights
Did little of the civil rights front
Supported justice department in its effort to undo programmes that gave job or education preference on the base of race and gender
Black males fell further than any other group in terms of wages and jobs
1987 nuclear forces treaty
Arms control agreement that eliminated a class of nuclear weapons restricting deployment of intermediate and short range land based missiles
1981 air traffic control strikes
12,000 on strike for higher pay Reagan sacked them if they did not come back to work