The Conservative Revolution

1
Chapter 26

• The Conservative Revolution

2
Chapter 26 Section 1

• Roots of the New Conservatism

3
Reagans Political Career

• New Deal Democrat
• Supporter of FDR
• Professional Actor
• Active in SAG
• Post WWII
• Politics Change
• GE Spokesperson
• Advocated for Capitalism
• Strong Anti-Communist
• 1966 - Governor of CA
• Served 8 Years
• Conservative Policies
• Cut Taxes
• Reform Welfare
• Cut Spending

4
Evolution of Conservatism

• 1920s Roots
• New Deal Opponents
• Critics of Federal
• Am. Liberty League
• Eisenhower to Goldwater
• Modern Republicanism
• Accepted New Deal
• Rise of Goldwater
• Extreme Conservatism
• The Southern Shift
• Great Society
• Bigger than the New Deal
• Massive Federal
• Nixon and the Welfare State
• Moderate Conservatism
• Extended Many Programs
• Social Issues
• Sex/Drugs/Rock and Roll
• Decline in Traditional Values

5
Turning Point 1980 Election

• Reagan v Carter
• The New Right
• Size of Government
• Government Spending
• Traditional Values
• Christian Coalition
• Jerry Falwell
• Reagan Landslide
• Economic Issues
• Iran Hostage Crisis
• Republican Senate
• Major Conservative Victory

6
Chapter 26 Section 2

• The Reagan Revolution

7
Changing the Economy

• Reaganomics
• Supply-Side Economics
• Cut Taxes
• Increase Production
• Increase Revenue
• Tax Cuts
• Progressive Income Tax
• 5 - 1981
• 10 - 82 and 83
• 1986 Biggest Tax Cuts in History
• 70 1980
• 50 1984
• 28 1986

8
Changing the Government

• Cutting Regulations
• Industries
• Energy
• Transportation
• Banking
• Cut the EPA Budget
• Challenged Unions
• Air Traffic Controllers
• Slowing Federal Growth
• Cut the Size of Govt.
• Social Programs
• Welfare Reform
• Return Power to States
• New Federalism
• Recession Hurts Plans

9
Reagans Foreign Policy

• Cold War Escalation
• Evil Empire
• Military Buildup
• 1T First Term
• Deficit Spending
• New Nukes
• SDI Star Wars
• Trouble Spots
• USSR Tension
• Middle East
• Lebanon
• Libya
• Latin America
• El Salvador
• Nicaragua
• Grenada
• Oct. 1983
• Cuban Backed Cuba
• US Invasion

10
Recession and Recovery

• First Term Problems
• First 2 Years
• Recession Hits
• Reagan Policies
• Blamed at First
• Tax Cuts Spark Economy
• 1983 Economy Improves
• Budget Deficit Remains
• Reagans Popularity
• Turned Economy Around
• Restored Pride in US

11
Chapter 26 Section 3

• Reagans Second Term

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Patriotic Renewal

• 1984 Reagan Victory
• Landslide
• Mondale/Ferraro
• Patriotic Renewal
• Celebrate US Strength
• 84 LA Olympics
• Soviet Boycott
• Major US Medals
• Patriotic Celebrations
• Centennial of Statue of Liberty
• Bicentennial of Constitution
• Renewal of Confidence in Government

13
Continuing Social Debates

• Civil Rights
• Advances of Black Politicians
• MLK Holiday
• Affirmative Action
• Womens Movement
• ERA Defeated
• Roe Decision
• Sexual Orientation
• AIDS Epidemic
• AIDS Awareness
• Supreme Court
• Sandra Day OConnor
• Chief Justice Rehnquist
• Bork Nomination

14
An Evolving Economy

• Farm Crisis
• Oversupply
• Drop in Prices
• Govt. Price Controls
• Farm Subsidies
• Manufacturing
• Global Competition
• Early 80s High Layoffs
• Shift in Focus of Economy
• Unequal Wealth
• Rich get richer
• 2 Income Families more common
• Yuppies

15
Reagans Hands-off Style

• Laissez-faire
• Economy
• Management
• SL Scandal
• Mortgage Banks
• Deregulation
• Risky Ventures
• FDICS Govt. Bailouts
• Iran-Contra Affair
• Sandinistas in Nicaragua
• CIA backed Contras
• Congress banned aid
• CIA Arms sale to Iran
• Used profits to fund Contras
• Col. Ollie North Fall Guy
• Reagan denies any involvement
• Reagan never implicated

16
The Reagan Legacy

• Reagans Popularity
• Leaves Office 60 approval rating
• Foreign Policy Success
• Improved Relations w/ USSR
• Glasnost Openness
• Perestroika economic restructuring
• INF Treaty 25K missiles destroyed
• Domestic Policy
• Commitment to Reducing Size of Govt.
• No major reductions
• Entitlements Increase
• Social Security and Medicare
• Restoration of Pride and Confidence in US

17
Chapter 26 Section 4

• The George H.W. Bush Presidency

18
The 1988 Election

• George HW Bush
• Personal Life
• Son of CT Senator
• WWII Fighter Pilot
• Texas Oil Man
• Political Career
• Congressman
• Ambassador to UN
• Chairman RNC
• Envoy to China
• Director of CIA
• Reagans VP
• Conservatives Questioned Commitment to
  Reaganomics
• Michael Dukakis
• Governor of MA
• Leader of Massachusetts Miracle
• Dukakis Led Early in Race
• Campaign Gets Nasty
• Dukakiss Record Attacked

19
The Cold War Ends

• Gorbachev Reforms
• Glasnost/Perestroika
• Starts in Poland
• Lech Walesa
• Solidarity Party
• Demand for Free Elections
• Walesa Elected President
• Berlin Wall Falls
• Spread of Democracy through Eastern Europe
• E. Germany Hangs On
• Protests Force Govt.
• Nov. 89 Wall Comes Down
• 1990 Unified Germany
• USSR
• Reforms Gone Wild
• Cant Stop Change
• Gorbachev Resigns
• Soviet Union Dissolves
• CIS Replaces USSR

20
A New International Role

• New World Order
• Tiananmen Square
• Democracy in China
• Student Led Protests
• Govt. Cracks Down
• Protestors Attacked
• Delicate Intl Situation
• Panama Invasion
• Manuel Noriega
• President/Drug Lord
• Dec 89 US Invasion
• Noriega Captured
• Persian Gulf War
• Saddam Hussein
• Invasion of Kuwait
• Regional Security Issues
• International Coalition
• Persian Gulf War
• Operation Desert Storm

21
Domestic Issues

• After Persian Gulf War
• Highly Popularity Ratings
• Clarence Thomas Nomination
• Upsets Congress
• Nasty Confirmation
• Budget Deficits
• Slowed Social Programs
• Raised Taxes
• Breaks Campaign Promises
• Recession Begins
• Peace Dividend
• Downsizing
• Unemployment Up to 7
• Bushs Ratings Drops
• Bush Blamed for Economy