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FORD, CARTER, REAGAN

FORD, CARTER, REAGAN. https:// www.youtube.com/watch?v=dS3ehyfkD7c. Gerald Ford- 1974- 1976 (1016- 1017). FORD PARDONS NIXON DIDN’T WANT COUNTRY TO GO THROUGH UGLY TRIAL. 1970S-“WHIPPING INFLATION ”. 1973- OPEC places an oil embargo on U.S. for supporting Israel in the Middle East

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FORD, CARTER, REAGAN

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  1. FORD, CARTER, REAGAN https://www.youtube.com/watch?v=dS3ehyfkD7c

  2. Gerald Ford- 1974- 1976 (1016- 1017) • FORD PARDONS NIXON • DIDN’T WANT COUNTRY TO GO THROUGH UGLY TRIAL

  3. 1970S-“WHIPPING INFLATION” • 1973- OPEC places an oil embargo on U.S. for supporting Israel in the Middle East • Price of gas and oil doubles • Inflation: to 10% • FORD? • Cut back on use of gas, oil • Cut federal spending • Encourages Fed to have “tight money” policy • DOES IT WORK? • Worst recession since Great Depression

  4. CARTER: STAGFLATION • RISING INFLATION AND UNEMPLOYMENT AT THE SAME TIME • CARTER’S TERM: • Unemployment- 6-7% • Inflation from 6% to 13% • STAGFLATION: 1979

  5. Jimmy Carter (1977- 1980) • His ideas on solving energy crisis? • Americans should cut consumption • National Energy Act: • Tax on gas guzzlers • Tax credits for alternative energy (NUCLEAR)

  6. Carter foreign policy • Carter insists on “human rights” • Gets angry with Soviets over treatment of dissidents and invasion of Afghanistan • (Goodbye realpolitik and détente) • SALT II falls through when Soviets invade Afghanistan

  7. Camp David Accords • Carter mediates peace between Israel and Egypt

  8. Ronald Reagan (1981- 1988) • Entitlement programs: guaranteeed benefits to certain groups (Social Security, Medicare, Medicaid) • EXPENSIVE • People fraudulently taking federal $$ • Affirmative Action • People saw it as reverse discrimination

  9. REAGANOMICS: nickname for “supply side” economic policy- • LOWERtaxes on individuals and businesses • this would increase investment in businesses and production, increasing the supply of goods and stemming inflation • “pro big business”- reduce regulations on big business • make large cuts in the government • Great Society Programs • Environmental Protection Agency • INCREASES SPENDING ON DEFENSE(SDI- STAR WARS)

  10. George HW Bush (1989-1992) • Persian Gulf War • August 1990-IRAQ invades oil rich Kuwait • Operation DESERT STORM • UN condemns…. • January and February 1991 • 500,000 troops sent into Saudi Arabia • Iraq accepts all UN demands • Poor Economy- loss in 1992 election

  11. William Clinton (1993- 2000) • 1992- NAFTA (North American Free Trade Agreement) • US, Canada and Mexico agree to break down TRADE BARRIERS • Failure at Health Care Reform: • 1993- Clinton tries to institute a health care plan to insure all Americans • it fails- rising price of health care still a major issue today • Scandal and Impeachment • 1998- the HOUSE OF REPRESENTATIVESimpeaches Clinton on charges of perjury and obstruction of justice • the Senate acquits him • Economic Prosperity • 1990s- longest period of economic growth in US history

  12. George W Bush (2001- 2008) • Election of 2000 • Bush beats Al Gore, but loses the POPULARvote (2nd time in history) • In FL, the Supreme Court orders a stop to the recount of votes (1st time SC intervenes in an election) • impacts of 9/11 : • aid in the overthrow of the Taliban in Afghanistan • Operation Iraqi Freedom- rid Iraq of WMD • WMD never found • “Mission Accomplished” in 2003; War doesn’t end until 2011 • creation of the Department of HOMELAND Security • Patriot Act- reduces in law enforcement agencies' gathering of intelligence within the United States

  13. Under Reagan, there were cuts in SOCIAL PROGRAMS_spending, but increases in DEFENSE SPENDING • SDI (STAR WARS)- DEFENSE SYSTEM TO KNOCK MISSILES FROM SKY • DEFENSE SPENDING DOUBLES ALMOST • NATIONAL DEBT? ALMOST DOUBLES

  14. Uniting (and) Strengthening America (by) Providing Appropriate Tools Required (to) Intercept (and) Obstruct Terrorism Act of 2001

  15. http://www.youtube.com/watch?v=2KjHwi6whtQ&feature=related

  16. http://www.msnbc.msn.com/id/43178749/ns/world_news-europe/?GT1=43001 (serbian)

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