ď Ž
FACTS about this decade. Population: 204,879,000 Unemployed in 1970: 4,088,000 National Debt: $382 billion Average salary: $7,564 Food prices: milk, 33 cents a qt.; bread, 24 cents a loaf; round steak, $1.30 a pound Life Expectancy: Male, 67.1; Female, 74.8
Gerald Ford Michigan Former
(R)
speaker of the house
Takes Agnew
slot as Nixon VP
Pardons Nixon Sept.
1974 “ Our long National Nightmare is over “
ALL ALL IS IS FORGIVEN FORGIVEN SIGNED SIGNED, ,
JERRY JERRY FORD FORD
Pardon Me ‌.
ECONOMY … $$$ Inflation City
of N.Y. goes bankrupt W.I.N.
Vietnam falls … April 1975 Asks
Congress for aid War Powers Act …1973 They refuse May 1975
Mayaguez incident in Cambodia Aug.1975…Helsinki Accords
Carter wins 1976 eleCtion ď ŹCarter - Mondale ticket
JIMMY CARTER … THE MORAL PRESIDENT
“Voluntary wage price controls” interest rates up to 20% Energy problem continues Shortage in 1979 Creates Dept. of Energy Superfund … Florio Amnesty for Vietnam Draft dodgers
love Canal
Deregulation of Oil Industry
Three mile island
Foreign Policy & Human Rights
Panama
1999
Canal … give it back in
Recognize
China Salt II defeated Afgahanistan …1979*** Olympic Boycott
•Camp David Accords
Hostages in Iran
•IRAN HOSTAGE SITUATION
•Election of 1980
•Ronald Reagans
ď Ź
FACTS about this decade. Population: 226,546,000 Unemployed in 1980:7% National Debt: 1980 - $914,000,000,000 National Debt: 1986 - $2,000,000,000,000 Average salary: $15,757 Life Expectancy: Male 69.9 Female 77.6 Minimum Wage: $3.10 BMW was $12,000; Mercedes 280 E was $14,800 Attendance: Movies 20 million/week
Hostages Freed ‌444 days
LiberaL…
Conservative …
big
Small
gov`t ControL eConomy SoCiaL engineering
Gov`t. Deregulation Moral leadership Tax cuts
New Conservatives Reduction in size of the Gov`t. Spend less $$$$ Reaganomics
Supply Side Economics
•TAX CUTS •I.R.A.`S
•CUT $39 BILLION FROM SOCIAL PROGRAMS…ADDED $12 BILLION TO DEFENSE •DEFECIT IS $59 BILLION IN 1980… $195 BILLION IN 1983
reduce the growth of government spending, reduce marginal tax rates on income from labor and capital, reduce government regulation of the economy, control the money supply to reduce inflation.
$$$$$$$$$$$$$$$$$$$$$$$$$
Air Traffic Controllers
Foreign Policy The Foreign policy of the Reagan Administration was the foreign policy of the United States from 1981 to 1989 under President Ronald Reagan during his Administration. It was characterized by a strategy of "peace through strength" followed by a warming of relations with the Soviet Union, once the reformer Mikhail Gorbachev rose to power, and a peaceful end to the Cold War. As part of the policies that became known as the "Reagan Doctrine," the United States also offered financial and logistics support to the anti-communist opposition in central Europe and took an increasingly hard line against communist governments in Afghanistan, Angola, Cambodia, and Nicaragua
1983 – operation Fury
Libya USA
USSR … “ The Evil Empire “ U.S.S.R
Glasnost… more democracy
Perestroika …restructuring economy
GorbaChev
S.D.I. = STAR WARS
Nicaragua ‌ Contras & Sandinistas
Lebanon
IRAN - CONTRA
“ A MAJOR MALFUNCTION”