period 9 cause and effects

economic woes, backlash to liberalism

rise of new right, tax cuts, deregulation, aggressive anti-communism

belief in supply-side/trickle-down economics

tax cuts for wealthy; short-term growth, long-term debt and inequality

soviet economic problems, u.s. arms buildup, internal reform

u.s. emerges as sole superpower

internet, deregulated global markets (globalization and technology boom)

economic growth, outsourcing , tech monopolies

al-qaeda terrorism (9/11 attacks)

war on terror, invasions of afganistan and iraq, patriot act

increased partisan polarization

gridlock in congress, rise of political tribalism

housing bubble burst, risky financial practices (great recession)

bank bailouts, stimulus, rise in skepticism of capitalism

obama era

affordable care act, social progress, rise of tea party backlash

social movements

black lives matter, #metoo

rise of populism and nationalism

trump presidency, debates over immigration, trade, race, and media

covid-19 pandemic

economic disruption, public health crisis, renewed debates over government’s role