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US enters minor recession
Due to the oil crisis of 1979. Unemployment is %6.3 -
"Canadian Caper"
8 American diplomats escape imprisonment by posing as Canadians and boarding a flight to Zurich, Switzerland -
U.S. boycotts Moscow Summer Olympics
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Operation "Eagle Claw"
U.S. rescue attempt to save hostages in Tehran fails due to mechanical issues with helicopters. 8 U.S. troops killed during a mid-air collision -
Department of Education begins Operations
Signed into law by Jimmy Carter on May, 4th. To provide equal educational opportunities for all. -
1980 recession ends
Unemployment is still at %7.8, the highest it has been in four years. -
The Cable News Network (CNN) is launched
The first 24hr news channel in the U.S. -
President Carter signs Proclamation 4771
Requires 19 and 20 year olds to sign up for peacetime draft in response to Soviet invasion of Afghanistan -
Ronald Reagan secures Presidential nomination
Former California governor wins Republican nomination for president at Republican National Convention in Detroit, Michigan. -
President Jimmy Carter wins renomination
Jimmy Carter defeats Ted Kennedy for presidential nomination at the Democratic National Convention in New York City -
Staggers Railroad Act enacted
Jimmy Carter signs Staggers Railroad Act which significantly deregulates American railroad systems -
Reagan/Carter debate in Columbus, OH
Reagan was extremely genial and witty. Reagan leaped ahead in the polls. -
1980 Presidential Election
Ronald Reagan defeats incumbent, Jimmy Carter, exactly one year after Iran hostage crisis starts.