Reagan Era Notes for Exam Preparation
Reagan's Elections
Election of 1980
- Candidates:
- Ronald Reagan (former Hollywood actor and California governor) with VP George H.W. Bush
- Jimmy Carter with VP Walter Mondale
- Election Results:
- Popular Vote: 43,904,153 (R) vs. 35,483,883 (D) vs. 5,720,060 (Independent)
- Electoral Vote: 483 (R) vs. 49 (D)
- Republicans gained a Senate majority for first time since 1954
Reagan and the “New Right”
- Crisis of Confidence in government during the 1960s and 70s due to dishonesty.
- Emergence of the Moral Majority, a group concerned with:
- Abortion
- Gay rights
- America’s international decline
- Lack of Christian values
- The “New Right” embraced Reagan, advocating a return to traditional values.
Election of 1984
- Candidates:
- Ronald Reagan (R) with VP George H.W. Bush
- Walter Mondale (D) with VP Geraldine Ferraro (first woman from a major party on a national ballot)
- Election Results:
- Electoral Vote: 525 (R) vs. 13 (D)
“Reaganomics”
- Economic Recovery Tax of 1981:
- Lowered taxes and cut federal spending on various programs (e.g., job training, student loans, Medicare)
- Pro-Business Policies:
- Based on supply-side (trickle-down) economic theories.
- Impact:
- Tax cuts for consumers aimed to stimulate economic growth.
- Critiques:
- Neglected the poor who couldn’t invest.
- Stockbrokers exploited relaxed regulations, inflating stock prices.
- Reagan prioritized military spending despite promises of a balanced budget:
- Resulted in mixed economic gains and increased public confidence.
Foreign Policy
Latin America
- Nicaragua:
- Sandinistas overthrew leader Somoza in 1979, which led the U.S. to support the Contras (CIA-trained rebels).
- Boland Amendment (1984): Prohibited further U.S. aid to Contras due to drug trafficking issues.
Reagan’s Philosophy
- “Peace through Strength”:
- Advocated superior military power to deter enemy expansion.
- Initially moved away from détente, labeling USSR as the “evil empire.”
Strategic Arms Reduction Talks (START)
- Aim: Reduce nuclear arsenals of the U.S. and USSR over 20 years, contributing to Cold War end.
Strategic Defense Initiative (SDI)
- Proposed a system to intercept missiles aimed at the U.S. (nicknamed “Star Wars”).
- Did not receive Congressional approval.
Reagan Doctrine (1985)
- Supported anti-communist forces globally:
- Encouraged U.S. military intervention in Grenada to remove anti-U.S. rebels.
Iran-Contra Scandal
- U.S. secretly sold weapons to Iran to secure hostages.
- Profits from arms sales were funneled to Contras (illegal under Boland Amendment).
- Key figures involved included National Security Adviser John Poindexter and Oliver North.
Relationship with the USSR
- Notably engaged with Mikhail Gorbachev, leading to significant arms agreements and the eventual end of the Cold War.
- Famous demand: “Tear down this wall!” directed at Gorbachev in Berlin, 1987.
Free Trade Agreement
- Trade agreement with Canada, removing trade restrictions over ten years, boosting cross-border commerce.
Domestic Issues
Challenger Explosion
- Occurred on January 28, 1986, resulting in a 32-month hiatus for NASA's shuttle program to reassess safety measures.
Supreme Court Justices
- Key appointments:
- Sandra Day O’Connor (first woman justice)
- Antonin Scalia
- William Rehnquist
- Anthony Kennedy
Equal Rights Amendment (ERA)
- Strong women's movement faced opposition led by Phyllis Schlafly.
- Failed ratification in 1982, falling three states short.
Assassination Attempt
- March 31, 1981: Reagan was shot; injuries included a bullet that nearly hit his heart and severe injuries to press secretary James Brady.