Social, Economic and Global Conflict’s During the Reagan and Bush Administrations

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Social, Economic and Global Conflict’s During the Reagan and Bush Administrations In 1980, Ronald Reagan was elected President of the United States, taking over the country from President Carter. Many issues existed when Reagan took office, during his presidency more would follow and continue into the George H. W. Bush presidency. Marc Cornman who was a young family man during both of these administrations recalls the problems and benefits of the mid to late 1980’s. His family was low-income building their way up to middle class by the Clinton Administration, moving from state to state hoping to find better employment after leaving the military. The main aspects of the economy, social issues and global conflicts during President Reagan’s 1980-88 and President Bush’s first two years of his administration and the positive and negative effects they had. Reagan became president when the country was experiencing economic troubles; mainly inflation was at 13 percent and the unemployment rate climbing. Reagan developed a relief act and policies that became known as Reaganomics. Marc Cornman states “that there was no positive to the policies unless you were rich.” Interesting perspective, meaning that the policies covered lowering income and capital gains taxes, encouraging businesses to do business in the United States hoping to boost spending and in turn the economy. Mr. Cornman remembers more negatives, “Unemployment and the first recession, he raised taxes and eliminated deductions but continued to lower taxes for the wealthy.” He also recollects that President Reagan fired thousands of air traffic controllers for going on strike and that Reagan implied that unions were no longer needed this harming the economy even more. He feels ... ... middle of paper ... ...xpressed from person to person when it involves memories and experiences. My father is also a proud Democrat describing two Republican Presidents, I know that if I had interviewed another person who was a Republican they might have described it very differently but with the same over all details. Bibliography Berman, Larry Looking Back On the Reagan Presidency. Baltimore: The John Hopkins University Press, 1990. Print. Cornman, Marc. Personal Interview. 10 Apr 2014. Greene, John Robert. The Presidency of George Bush. Kansas: University Press of Kansas, 2000. Print. Strober, Deborah Hart, and Gerald S. Strober. Reagan the Man and His Presidency. New York: Houghton Mifflin Company, 1998. Print. Tindall, George Brown, and David Emory Shi. “A Conservative Realignment: 1977-1990” America A Narrative History. New York: W.W. Norton and Company, 2013. 1098-1127. Print.

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