chapter13lec - Chapter 13 Ronald Reagan & George Bush...

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Unformatted text preview: Chapter 13 Ronald Reagan & George Bush (the first one) Ronald Reagan Ronald Reagan admired FDR and hung a portrait of Calvin Coolidge in the Cabinet room (Democrats! Gasp!) During Great Depression he was an avid Democrat During Truman, he headed Screen Actors Guild and active member of CA chapter of Americans for Democratic Action So, Hows this guy become the poster child for the GOP? 1980 Elections CA governor Reagan gets GOP nod over George Bush Concerns his ultra conservative stance may repeat 1964 Goldwater loss One arrangement suggested: Gerald Ford to join ticket as a co president (no kidding!) Negotiations break down, George Bush gets nod for Vice Presidency Who the heck is John Anderson? Carter versus Reagan Reagan put this question to voters Are you better off than you were four years ago? New Republican majority in Senate Reagan Revolution? Economics under Reagan To curb inflation, Federal Reserve Board was keeping inflation high and in 1982 unemployment topped 10%, highest level since Great Depression During Reagan, national debt rose from $900 million to $2.7 trillion Though Reagan said he liked small government, federal spending increased 11% per capita Economy improved after 1983 1989 unemployment was at 5.3% and inflation 4.7% Was Reagan responsible?...
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This note was uploaded on 12/03/2009 for the course GOV 312L taught by Professor Madrid during the Spring '07 term at University of Texas at Austin.

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chapter13lec - Chapter 13 Ronald Reagan & George Bush...

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