Ronald Reagan Presidency

Ronald Reagan Presidency - against terrorism Libya Air...

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Ronald Reagan Presidency The Life, The Legacy Keith Fahrenholz, Drew Reid, Jenny Burns, Rohny Hall
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Background Born February 6, 1908 in Tampico, IL Graduated Dixon High School where he held office as student body president Graduated Eureka College with a B.A. in Sociology and Economics; Served as student body president Enlisted as Private in the US Army Reserves Campaigned for Dwight Eisenhower and Richard Nixon Governor of California (1967-1976) Elected POTUS second running (1980-1988)
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Economic Policy Attempted to balance federal budget, increase defense spending, and cut income taxes. (Reaganomics) Economic gains came at the cost of a record annual deficit. Opened foreign markets to US goods Embraced theory of “supply-side economics”
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Foreign Policy Strategic defense Initiative (SDI – Star Wars ) Intermediate Nuclear Force Treaty (Washington Summit – December 1987) Strategic Arms Reduction Talks (START) Iran Contra Affair Maintained a firm stance
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Unformatted text preview: against terrorism Libya Air attack 1981and 1986 Iraqi warplane missile killed 37 sailors aboard the USS Stark Lebanon Truck bomb killed 241 soldiers Domestic Affairs Tax Reform Law of 1986 largest tax cut in US history Social Security Reform Oversaw passage of immigration reform legislation Expansion of Medicare program Encouraged development of private sector initiatives Pushed for international cooperation to stop influx of illegal drugs Looking Back High approval rating Support for Ronald Reagan grew when he was seriously wounded by an assassin's bullet in 1981 and during major surgical procedures in 1985 and 1987. Reagan was known as the "Great Communicator," and often went on television to ask the viewers for their support for a particular piece of legislation. Received 525 electoral votes, the most of any presidential candidate....
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