The Smoking Gun June 23, 1972 Richard M Nixon H.R Bob Haldeman Conversation: 741-002 UVA | MILLER CENTER)
* Outcome: Nixon resigned in 1974 due to obstruction of justice.
* Effects: Led to government reforms, decreased trust in government, and increased interest in journalism focused on scandals.
# Ford and Carter Presidencies
* Gerald Ford (1974-1977):
* Pardoned Nixon, seen as justice not being served.
* Jimmy Carter (1977-1981):
* Focused on environmental regulation, including the Clean Air Act.
* Established the Environmental Protection Agency (EPA) in 1970.
* Engaged in Strategic Arms Limitation Talks (SALT) with the Soviet Union.
* SALT I: Limited ballistic and anti-ballistic missiles.
* SALT II: Was not ratified by the U.S. Senate after the Soviet invasion of Afghanistan.
# Economic Issues in the 1970s
* Challenges: Included manufacturing job losses, high unemployment, and inflation.
* Energy Crisis: Shortages of oil and high prices.
* Ford's Response: Encouraged reduced spending; ineffective.
* Carter's Response: Advocated energy conservation, cut government spending, and sought Americans' patience.
# Reagan Era (1981-1989)
* Ronald Reagan: Known for communication skills and charisma.
* Policies: Tax cuts (especially for the wealthy), reduced social services, increased military spending, deregulation.
* Trickle-Down Economics: Policies benefiting the rich would