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Unformatted text preview: government/In 1976, Americans vote for someone from Georgia to be the next president) New Right or Reagan Coalition Free-market advocates (economic conservatives) Militant anti-communists FundamentaChristians (More Majorities. Christian Coalition) (gayrights) Souherners and Westerners (sunbelt) White working-class Democrats (Reagan Domocratz) known as Reagan dream) Reaganomics Supply-side economomy (belief to cut taxes) Tax cuts promote economic growth and thus creater greater gov- t-revenues 33% increase in military spending Cuts in domestic spending Deregulation, Pro-business policies privatization Impact Economic growth I nmid-1980s Federal deficit in 1980=$834 B Federal deficit in 1988=$2.3 T Interest deficit 1/7 th of federal expend Re-concentration of wealth 1984 Election Morning in America...
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This note was uploaded on 02/02/2012 for the course HIST 104A taught by Professor Hanson during the Fall '08 term at Binghamton University.
- Fall '08