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President Carter (1970)
-“Stragflation”- high oil inflation and high unemployment***
-EPA- Eniromental protection Agencies, still in use
(1970s)
President Reagan (1980s)
-Supply side economics (AKA trickle down)- cut taxes for big business to help employ more but instead only helps the rich
-Deficit Spending: spent more money then what US has, so.
GOAL: try to budget, EFFORTS: cut medicare
(1980s)
President George Bush (1990)
Economic troubles: Promised no new taxes but was forced to raise them, causing unemployment
Savings & loans Scandal (1990): banks misusing funds, forced to pay back using tax payer money
(1990)
President Clinton (1990)
-BEST economy in US history: lowest unemployment and lowest inflation
-Impeached for lying under oath (perjury from cheating on wife) but NOT removed from office
(1990s)
President George H.W Bush (2001-2008)
-AL GORE v. George Bush: Supreme Court intervenes in an election, stopping florida vote recount
-Economy as BAS as it was during the GREAT DEPRESSION
-Increased Gun violence, SCHOOL SHOOTINGS ( due to lack of Gun control)
-strengthened borders, restricting illegal immigrants
-9/11
(2001-2008)
President Obama (2008-2016)
-Fair pay act: Ending pay discrimination based off gender
-Health care reform bill: makes it illegal to deny health care, requiring all Americans to have Healthcare
-Educational Reform: improving student success and school quality
having to help recover from the worst economy ever
(2008-20016)
President John F Kennedy
New frontier: Domestic program aimed to improve economy, education, civi rights, exploring space
Cuban Missile Crisis: Nearly led to nuclear war, Kennedy was praised for avoiding conflict
Civil Rights: though he spent a long time to get to it, he proposed the civil rights act
Peace corps: promote world peace and friendship
Assassination in Dallas Texas in 1963