3. A CONSERVATIVE ERA
Issue Liberal Viewpoint Conservative Viewpoint
Role of Government in the MORE government LIMITED government (lower
Economy involvement (social taxes, less business
programs; business regulations) to stimulate the
regulations) economy (Free Market)
Foreign Policy International diplomacy Rely on our military and
and multilateralism acting unilaterally
Why?
•The Federal Government had gotten too big and
powerful
•This deterred economic growth
•Social programs (especially welfare) were NOT working
•This deterred individual initiative
•Ronald Reagan’s Inauguration
4. WHAT‟S WRONG WITH LIBERALISM?
National values have degraded
(Counterculture)
Families had broken up (Women‟s
Movement)
Abortion was now legal
Organized religion in decline
Taxes and debt had risen (Vietnam and Great
Society)
Civil Rights Movement had “gone too far”
(Affirmative Action )
6. REAGAN‟S ELECTION
Backlash favored Reagan
Bad economy helped too:
“Are you better off now
than you were four years
ago?”
Carter Administration was
inept (Hostage crisis)
Charismatic; Great
Communicator
Spoke of America‟s
greatness
8. REAGAN REVOLUTION
,
Step One: Economy
Supply-Side: Tax Cuts for
all Americans; most for
wealthiest
Stimulate economy &
create jobs
Balance the budget (cut
spending)
Lots of deregulation
Result: deep recession
at first
9. ECONOMIC TURNAROUND
Economy improved by
1983:
Inflation down
GNP up
Incomes increased
Employment rose
But…
Homelessness up
Poverty increased
Record budget deficits
Savings & Loan scandal
10. MILITARY ACTIONS
Largest peacetime
military spending
(make USSR
bankrupt)
SDI
Grenada (1983)
Invasion
Nicaragua (1983)
support Contras
Result: US begins to
forget Vietnam
11. TAKE NO PRISONERS
Air Traffic Controllers—
illegal to go on strike
(13,000 did)
$10,000 raise/32-
hour week
Reagan—two days to
return
Fired them: “I meant
what I said”
13. OTHER 80S ISSUES
Civil Rights—African-Americans elected to
office; MLK Day—national holiday
Renewed patriotism (Statue of Liberty; 1984
Olympics)
AIDS
Manufacturing jobs gone
Entitlements still around (Social Security,
Welfare, Medicare )
15. BUSH PRESIDENCY
1988 Election: very nasty
Bush presidency focused on
foreign policy
“Read my lips, no new
taxes…”
Persian Gulf War (tomorrow)
Economy faltered
(downsizing)—lost„92 )