Reagan and Conservatism
Reagan’s tax cuts and increased military spending increased this.
The federal deficit.
This race caused the Soviet Union and the United States to start negotiating.
The arms race.
This financial crisis is the biggest ever one-day stock market loss.
Black Monday.
This scandal led to Clinton’s impeachment.
Troopergate/Paula Jones
Membership in this group dropped 1/4th in the American workforce during the Reagan administration.
Organized labor or unions.
This treaty ended the Cold War.
The INF Treaty (intermediate-range nuclear forces).
The sudden collapse of this group of companies’ stock exchanges caused a financial crisis in October 1987.
Dow Jones Industrial Average.
Clinton attempted to appeal to Republicans for this reason.
Republicans controlled the House and the Senate.
While his fellow conservatives did not pay much mind to this Reagan was horrified by this. (hint it has to do with the USSR)
Nuclear War
Reagan and Gorbachev got to know each other in this European country.
Iceland.
Black Monday affected the average American in this way.
Financially, taxes went up greatly.
At the beginning of his presidency, Clinton focused mainly on passing a bill to fix this.
The nation’s health insurance system.
The Reagan administration advocated for this. What is supply-side economics?
Supply-side economics is a theory that maintains that tax cuts and reduced government spending would increase investment by the private sector, which would lead to increased production, jobs, and prosperity.
This British Prime Minister encouraged Reagan to correspond with Gorbachev.
Margaret Thatcher.
This president’s economic policies caused wealth to be more easily accessible for the highest fifth of the population.
Ronald Reagan.
This was one of Clinton’s main goals during his presidency and his success with it made him very popular.
Lowering the federal deficit.
The “New Democrats” played a huge part in the Reagan Revolution. This idea is what they argued.
The Democratic Leadership Council argued that Democrats weren’t going to win the election until it moved closer to the conservative mainstream.
This change was made possible because of the end of the Cold War (hint: it involves another country).
The reunification of Germany.
Black Monday caused huge losses in these two industries.
The nation’s savings and the loan industry.
Osama bin Laden a very famous terrorist bombed this building during the Clinton presidency. (hint: bin Laden gave us a little bit of a spoiler).
The World Trade Center in New York City.