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Ronald Reagan Became President
Reagan’s presidency can be classified as not only political but also economical. Reagan focused on changing the economic state of the United States. He advocated for tax reduction and controlling government spending.
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President Reagan’s Assassination Attempt
Social
Ronald Reagan, the president of the United States, was shot and injured by John Hinckley Jr. in Washington, D.C. on March 30, 1981, as he was making his way back to his limousine following a speech at the Washington Hilton. Instigated by a delusional urge to try to impress actress Jodie Foster, Hinckley made the decision to try to murder Reagan after reading in the papers that the president would be at the hotel that day.
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Economic Recovery Tax Act
This entry can be classified as economic. Reagan signed an act in 1981 called the Economic Recovery Tax Act that contained tax and spending cuts. It was implemented to lower taxes and boost the economy. 25% cut in individual marginal tax rates, phased up over three years.
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Gay Men Health Crisis
Social
Young homosexual men in big cities, particularly San Francisco and New York, were getting Kaposi's sarcoma diagnoses and subsequently passing away from it. The condition was rapidly referred to as "gay cancer" since it affected nearly entirely male homosexuals. As a result, a volunteer organization group was established that ran a hotline for information, offered counseling and legal support, and raised money for people with HIV/AIDS.
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Strategic Defense Initiative
Economic
The SDI, or "Star Wars," plan, was one of Reagan's most controversial proposals. It demanded the creation of a missile defense system to buffer the US from a Soviet missile attack.
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Reagan Sent Soldiers to Lebanon
Political
The Multinational Force in Lebanon was a military peacekeeping operation during the Lebanese Civil War. On October 23, 1983, two truck bombs detonated early on a Sunday morning, striking buildings in Beirut, Lebanon, containing American and French service troops.
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Parents Music Resource Center
Social
A group made up of notable Washington politicians' wives from both parties, notably Susan Baker, the spouse of Reagan's treasury secretary James Baker, and Tipper Gore, the spouse of Al Gore. The PMRC sought to restrict children's access to music with violent or sexual themes. Its plan was to persuade the recording industry to implement a voluntary rating system for music and recordings, similar to the one used by the Motion Picture Association.
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Berlin Wall Falls
Political
Surprised observers watched as demonstrators from East Germany marched through Berlin Wall checkpoints. Within a few hours, crowds of individuals from both East and West Berlin overwhelmed the checkpoints and started pulling down significant portions of the wall.
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William J. Clinton Elected President
Political
President-elect Bill Clinton is sworn in as the 42nd. By proposing increased taxes on the wealthy and changes to the welfare system, he attempted to win over the middle class. Along with numerous other free trade accords, Clinton officially signed the North American Free Trade Agreement (NAFTA). Additionally, he made important welfare reforms.
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House of Representatives Impeach Clinton
Political
President Bill Clinton, was charged with lying under oath to a federal grand jury and obstructing justice. This came after several accusations of unlawful affairs.
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