The 1980s and the Reagan Revolution

I. Background on Reagan

II. Reagan’s Appeal and the Conservative Agenda

A. Political Philosophy of Reagan & New Right

- Inaugural address - speech at Conservative PAC

B. The Great Communicator

III. The Economy

A. Reaganites’ Theory and Policies

1. Supply-side economics & Tax cuts

2. Spending cuts ---?

3. Defense spending

4. Fighting inflation : ‘tight money’ & The “Reagan recession”

5. De-regulation

B. Effect on Deficit/Debt

C. Post-Industrialization

D. Effect on Distribution of Wealth (“hourglass society”)

IV. Society

A. The Decade of Greed

B. Culture Wars & The Legacy of the 1960s