2._Reagan - 3/19/09 Ronald Reagan A. The Conservative...

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3/19/09 1 Ronald Reagan A. The Conservative Revolution “The Neo-Cons” • Norman Podhortz and Irving Kristol (2 publishers of conservative journals) organized the conservative revolution after decades of liberal policies and gov’t expansion since the New Deal • The “New Right” – Was concerned with the size and role of gov’t – Proposed cutting gov’t-funded social programs – Wanted to restore Christian values in society • This “religious right” was also called the “Christian coalition” or the “Moral Majority” – Led by Reverend Jerry Falwell they wanted to follow the dictates of the Bible and revive the traditional values they believed had strengthened the country in the past • Falwell and other televangelists reached million through the TV, took donations to help fight their campaign for a more moral America • Much of the money they raised was used to back conservative politicians and was spent as “campaign contributions” – Their successes at getting conservatives at all levels of American politics was noticed in the 1980’s to today, culminating with George W. Bush a staunch religious conservative in the White House
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3/19/09 2 B. Election of 1980 • Jimmy Carter and Edward Kennedy fought for the Democratic nomination. • Carter won the Democratic nomination • In the November election, it was Carter (Democrat) v. Ronald Reagan (Republican) John B. Anderson (Independent) & Ed Clark (Libertarian) • Reagan won by a landslide • At 69, he is the oldest man elected as President • Republicans also gained control of the Senate for the first time in 25 years • Conservatism now controlled the agenda Election of 1984 • Democrats ran Walter Mondale & his VP nominee First woman… Geraldine Ferraro
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3/19/09 3 • Republicans ran Ronald Reagan and George Bush, Sr. for reelection • Reagan asked the old FDR standby… “are you better off today than you were four years ago?” • The economy was strong • Reagan won easily and Americans felt that he had restored our national pride we lost since Vietnam C. Domestic Affairs • Reagan stressed – Cutting taxes – Cutting unnecessary gov’t programs – Increasing defense spending 1. Economy - Reaganomics • 1981-1982 - Our nation was in recession… the economy looked bad • Reagan went against Keynesian economics and instead followed the theory of supply-side economics… later dubbed “Reaganomics” Reaganomics • Cutting business taxes would put more money into the hands of business and investors • Businesses then would hire more people and produce more goods and services making the economy grow faster • The key was to get business leaders to invest
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3/19/09 4 • Prosperity would eventually “trickle down” from the top to those at the lower levels of the economy – Interestingly, George Bush Sr. (Reagan’s one time rival in the Republican primaries) called this “Voodoo economics”. Only later did Bush change his mind when he became Reagan’s running mate
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2._Reagan - 3/19/09 Ronald Reagan A. The Conservative...

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