FACTS about this decade.  Population: 204,879,000 Unemployed in 1970: 4,088,000  National Debt: $382 billion  Average salary: $7,564  Food prices: milk, 33 cents a qt.;  bread, 24 cents a loaf; round steak, $1.30 a pound  Life Expectancy: Male, 67.1; Female, 74.8 

Gerald FordGerald FordMichigan (R)Michigan (R)

Former speaker of the houseFormer speaker of the house

Takes Agnew slot as Nixon VPTakes Agnew slot as Nixon VP

Pardons NixonPardons NixonSept. 1974Sept. 1974“ “ Our long National Our long National

Nightmare is over “Nightmare is over “ ALL ISALL IS

FORGIVENFORGIVENSIGNEDSIGNED,,

JERRY FORDJERRY FORD

Pardon Me ….Pardon Me ….

ECONOMYECONOMY … $$$ … $$$InflationInflationCity of N.Y. goes bankruptCity of N.Y. goes bankruptW.I.N.W.I.N.

Vietnam falls … April 1975Vietnam falls … April 1975Asks Congress for aid Asks Congress for aid War Powers Act …1973War Powers Act …1973

They refuseThey refuse

May 1975 Mayaguez incident in May 1975 Mayaguez incident in CambodiaCambodia

Aug.1975…Helsinki AccordsAug.1975…Helsinki Accords

Carter wins 1976 Carter wins 1976 ElectionElection

Carter - Mondale ticketCarter - Mondale ticket

JIMMY CARTERJIMMY CARTER … THE MORAL … THE MORAL PRESIDENTPRESIDENT

““Voluntary wage price controls”Voluntary wage price controls” interest rates up to 20%interest rates up to 20%Energy problem continuesEnergy problem continuesShortage in 1979Shortage in 1979Creates Dept. of EnergyCreates Dept. of EnergySuperfund … Florio Superfund … Florio Amnesty for Vietnam Draft dodgersAmnesty for Vietnam Draft dodgers

Three mile island

Love Canal

Deregulation of Oil Industry

Foreign Policy & Human Foreign Policy & Human Rights Rights

Panama Canal … give it back in Panama Canal … give it back in 19991999

Recognize ChinaRecognize China Salt II defeatedSalt II defeatedAfgahanistan …1979Afgahanistan …1979******Olympic BoycottOlympic Boycott

•Camp David AccordsCamp David Accords

Hostages in IranHostages in Iran

•IRAN HOSTAGE IRAN HOSTAGE SITUATIONSITUATION

•Election of 1980Election of 1980

•Ronald ReagansRonald Reagans

FACTS about this decade.  FACTS about this decade.  Population: 226,546,000 Population: 226,546,000 Unemployed in 1980:7% Unemployed in 1980:7% National Debt: 1980 - $914,000,000,000 National Debt: 1980 - $914,000,000,000 National Debt:  1986 - $2,000,000,000,000 National Debt:  1986 - $2,000,000,000,000 Average salary: $15,757 Average salary: $15,757 Life Expectancy: Male Life Expectancy: Male 69.969.9  Female   Female 77.677.6 Minimum Wage:  $3.10 Minimum Wage:  $3.10 BMW was $12,000; Mercedes 280 E was BMW was $12,000; Mercedes 280 E was $14,800 $14,800 Attendance:  Movies 20 million/week Attendance:  Movies 20 million/week

Hostages Freed Hostages Freed …444 days…444 days

LiberalLiberal……Big Gov`tBig Gov`tControl Control

economyeconomySocial Social

engineeringengineering

ConservativeConservative……

Small Gov`t.Small Gov`t.DeregulationDeregulationMoral Moral

leadershipleadershipTax cutsTax cuts

New ConservativesNew ConservativesReduction in size of the Gov`t.Reduction in size of the Gov`t.

Spend less $$$$Spend less $$$$

ReaganomicsReaganomics

Supply Side Supply Side EconomicsEconomics

•TAX CUTSTAX CUTS

•I.R.A.`SI.R.A.`S

•CUT $39 BILLION FROM SOCIAL CUT $39 BILLION FROM SOCIAL PROGRAMS…ADDED $12 BILLION PROGRAMS…ADDED $12 BILLION TO DEFENSETO DEFENSE

•DEFECIT IS $59 BILLION IN 1980…DEFECIT IS $59 BILLION IN 1980…$195 BILLION IN 1983$195 BILLION IN 1983

reduce the growth of government reduce the growth of government spending, spending,

reduce marginal tax rates on income reduce marginal tax rates on income from labor and capital, from labor and capital,

reduce government regulation of the reduce government regulation of the economy, economy,

control the money supply to reduce control the money supply to reduce inflation. inflation.

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Air Traffic ControllersAir Traffic Controllers

Foreign PolicyForeign PolicyThe Foreign policy of the Reagan Administration was the foreign policy of the United States from 1981 to 1989 under President Ronald Reagan during his Administration.

It was characterized by a strategy of "peace through strength" followed by a warming of relations with the

Soviet Union, once the reformer Mikhail Gorbachev rose to power, and a peaceful end to the Cold War.

As part of the policies that became known as the "Reagan Doctrine," the United States also offered

financial and logistics support to the anti-communist opposition in central Europe and took an increasingly

hard line against communist governments in Afghanistan, Angola, Cambodia, and Nicaragua

1983 – Operation Fury1983 – Operation Fury

LibyaLibyaUSAUSA

USSR … “ The USSR … “ The Evil Empire “Evil Empire “

U.S.S.RU.S.S.R

GlasnostGlasnost… … more democracymore democracy

PerestroikaPerestroika … …restructuring economyrestructuring economy

Gorbachev

S.D.I. = STAR S.D.I. = STAR WARSWARS

Nicaragua … Contras & Nicaragua … Contras & SandinistasSandinistas

LebanonLebanon

IRAN - CONTRAIRAN - CONTRA

“ “ A MAJOR MALFUNCTION”A MAJOR MALFUNCTION”