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The conservative Reagan Revolution lingered over the presidential election of

massive tax cut under reagan that embodied supply-side principes and reduced general income tax rates and estate taxes war under g.h.w. bush: hussein's irag invades kuwait, prompting bush/UN to send a coalition of military forces to liberate kuwait the farmers closed debtors' courts in revolt & the massachusetts state legislature.

Start studying Chapter 9- reagan and bush era. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Reagan enacted the largest tax cut since the end of World War II, which made substantial reductions in the taxes of affluent individuals and corporations.

Quizlet Live. Quizlet Learn. Diagrams. Flashcards. How much national debt did the U.S. have by ? trillion. What were 5 characteristics of George H.W. Bush? -WWII bomber. -Involved in oil industry. -Was a Congressman. -Was the head of the CIA. -Was VP under Reagan. Who did Bush run against in the Election? Reagan revolution Major changes in American politics under the leadership of Ronald Reagan, Such as cuts in taxes, domestic spending and increase in military spending.

Economic theory that underlay Ronal Reagan's tax and spending cuts; contrary to Keynesianism, supply-side theory declared that government policy should aim to increase the supply of goods and services, rather then the demand for them, and it held that lower taxes and decreased regulation would increase productivity by providing increased incentives to work, thus. Reagan/bush. STUDY. Flashcards. Learn. Write. Spell. Test. PLAY. Match.

Gravity. Created by. Jtoth Terms in this set (33) Glasnost and perestroika. soviet programs started by Mikhail Gorbachev in response to the western problem with america. was in response to Reagan and how successful the economy seemed to be and how bad things were getting. PLAY. First person to serva as VP & President without being elected. Appeared as weak and known as the"caretaker President". Offered a one year income tax surcharge in Federal Spending. Prices continued to rise.

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