Modern America

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Modern America Reagan – George Bush

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Modern America. Reagan – George Bush. Ronald Reagan. Calif. Gov. – Conservative Republican Signed INF Treaty with Gorbachev, promising to destroy 2,500 missiles in Europe Believed in supply side (trickle down) economics. Offer businesses tax cuts - PowerPoint PPT Presentation

Transcript of Modern America

Page 1: Modern America

Modern AmericaReagan – George Bush

Page 2: Modern America

Ronald Reagan• Calif. Gov. – Conservative

Republican• Signed INF Treaty with

Gorbachev, promising to destroy 2,500 missiles in Europe

• Believed in supply side (trickle down) economics. – Offer businesses tax cuts– Businesses would, in turn,

hire more workers and produce more goods

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• Strategic Defense Initiative (SDI)– Often called “Star Wars”– Planned to have lasers in

space shoot down nuclear missiles launched at the U.S. by other countries

• Nicaragua– Aided the contras

(counterrevolutionaries) of Nicaragua

– Fought the Sandinistas, the ruling Marxist group of Nicaragua

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George Bush

• Cold War ended• Berlin Wall came down• Boris Yeltsin became 1st

elected President of Russia

• 1991 – Bush and Gorbachev signed Strategic Arms Reduction Treaty (START)

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Persian Gulf War• Persian Gulf War /

Operation Desert Storm– Dictator Saddam Hussein

invaded Kuwait– The U.S. entered the war

when Hussein refused to withdraw

– Led by Collin Powell and Norman Schwarzkopf

– 700,000 troops from US, Britain, France, Egypt, Saudi Arabia

– 5 day ground war.

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Bill Clinton• Arkansas Democratic Gov.• Lost a battle with Congress

over universal health care. Opponents said it would be too expensive and was “big government”

• Republicans, under Newt Gingrich, called for a CONTRACT WITH AMERICA… a pledge to end big government

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Impeachment• August 1994, prosecutor

Kenneth Starr and Att. Gen. Janet Reno investigate Whitewater investments by the Clintons

• Affair with WH intern emerges– Lying under oath– Impeached by House but

not convicted by Senate

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• Clinton battled Congressional Republicans through his entire Presidency

• Arranged the North American Free Trade Agreement (NAFTA) which ended trade restrictions with Canada and Mexico