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Transcript of Reagan-Clinton
Reagan's presidency wasn't all good- there was a major scandal.
In his second term, Iranian terrorists captured Americans in Lebanon. To free them, we made a deal to sell weapons to Iran.
We then used the money from the sale to give to Nicaraguan drug dealers (communists) who were fighting communists.
The whole thing got exposed but a man named Oliver North took the blame.
Note: Mute at 1:14
A big change happens in 1985 in the Soviet Union. Mikhail Gorbachev becomes leader.
Gorbachev was not big on communism and reduced government control over the economy. He allowed some trade with the west, causing western ideas to flow.
1987- Tear Down This Wall
Reagan remaining popular, his VP George Bush won the election of 1988.
However, Democrats held onto the Congress and Senate.
Back in Moscow, the Soviet Union is collapsing.
Goods like food, shoes, and soap are in short supply. To make things worse, Soviet citizens now know the rest of the world lives much better.
Eastern European communist countries endure revolts and the toppling of governments- Gorbechev does not send Russian troops. The Iron Curtain falls along with the Berlin Wall.
In 1991, communist soldiers staged a coup and arrested Gorbachev.
The people reacted and 50,000 people surrounded the Russian parliament. The politician Boris Yeltsin led the pro-democracy protestors. Gorbechev was freed.
Quickly after, 15 republics declared independence. The communist party was outlawed.
The Soviet Union was over, as well as the Cold War.
Persian Gulf War
In 1990, the dictator of Iraq, Saddam Hussein, invaded the small country of Kuwait.
In response, President Bush formed a coalition of nations to defend Kuwait. The coalition was led by General Colin Powell.
In "Operation Desert Storm", western armies annihilated the Iraqis, mostly with air power.
After just six weeks, Iraq accepted a ceasefire. However, Hussein remained in power.
In 1990 the global economy hit a downturn, largely caused by Soviet instability and a banking crises.
As a result, Bush was in a weak spot in the 1992 election. He lost to an ex-Arkansas governor named Bill Clinton.
Clinton enjoyed economic growth during his presidency.
A Republican congress prevented most attempts at social changes, however Clinton managed to get some things passed, such as increased health care and gun control laws.
Led by Newt Gingrich the House Speaker, Republicans refused to allow raised taxes or increased spending. As a consequence, in 1995 the government shut down for 27 days.
Clinton compromised- to get a budget, Republicans made him a agree to pass the welfare reform act, which forced welfare recipients to prove they were looking for work
In 1998, the government posted their first budget surplus in 30 years.
In 1998, Clinton was exposed as having inappropriate relations with a White House intern.
Clinton denied the accusation, however it was later proven to be true. The Republican Congress impeached him for perjury. However, they did not get the votes needed to remove Clinton from office.