• Reganomics

• "Star Wars"

• Iran-Contra Affair

Reagan's Administration

REaganomics

• Supply-Slide ("Trickle Down") Economics

  • Lower taxes on the people; Reduced regulations on businesses and investors

  • Reagan pushed that the economic benefits would "trickle down"

• Under this:

  • Tax revenue almost doubled

  • Deficit grew in record levels

• Strategic Defense Initiative (SDI)

  • Reagan built the military with his belief in peace through strength.

  • The SDI was a defense system set up to knock nuclear missiles aimed at U.S. cities out of the sky

  • Mockingly called Reagan's "Star Wars" program

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Star Wars
(U.S. vs USSR)

• Teflon President

  • Reagan's success was almost marred by the selling of weapons to Iran

• Iran-Contra

  • The profits from the sale in the Middle East were sent to Nicaragua to the Contras

  • This aid was against the U.S. because the U.S. stopped aid to the Contras for the heinous human rights violations on their end

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Iran-Contra Affair

• November 9. 1989

  • After Reagan's "Gorbachev tear down that wall" speech, the Berlin Wall comes down

• Operation Desert Storm (1990-1991)

  • Iraqi dictator Saddam Hussein invades Kuwait

  • Persian Gulf War (Jan. 16-Feb. 17 1991)

    • Short, but around-the-clock bombing

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The End of the Soviet Union/Operation Desert Storm

Modern U.S. History
(2001-Today)

• On the morning of September 11, 2001, everything suddenly changed for Bush, America, and the world.

• An airliner, hijacked by terrorists, slammed into the North Tower of the World Trade Center.

• Soon, a second plane crashed into the South Tower.

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September 11, 2001

The War on Terror
(War in the Middle East)

• "First war of the 21st Century"

  • President Bush assembles a multinational coalition to fight the Taliban government

• Homefront

  • Creation of the Office of Homeland Security

  • The Patriot Act

    • Broadened law enforcement's surveillance and investigative powers

    • Made it easier for law enforcement to catch and imprison terrorists

    • Controversial

The War on Terror
(War in the Middle East) (Continued)

• al-Qaeda

  • Connection of 19 terrorists

  • Led by Osama bin Laden

  • Took credit for 9/11 attacks

• War with Iraq

  • Preemptive Strike

    • Military acts before an attack can be carried out

  • Many feared Iraqi dictator Saddam Hussein

    • Issued with an ultimatum on March 17, 2003 Hussein ignores the U.S.

  • Iraq is invaded by a "coalition of the willing" on March 19, 2003