Reagan stats

Question 1

what were new federalism policies and their desired impact on USA

Answer 1

policies which promoted more state government instead of federal government intervention - intended to improve the American political system

Question 2

give 5 examples of key deregulations between 1918-1984

Answer 2

oil and fuel prices (started by Carter)

bus services

cable communications

foreign shipping

natural gas supplies

Question 3

give 2 examples of councils that would administer deregulation legislation

Answer 3

President’s council on Integrity and efficiency

Presidential advisory committee on federalism

Question 4

what was the name of the legislation that deregulated bus services

Answer 4

Bus Regulatory Reform Act 1982

Question 5

what was the name of the legislation that deregulated mortgage lending

Answer 5

Garn St Germain Depository Institution Act - deregulates Savings and Loans institutes 1982

Question 6

what was the name of the legislation that deregulated banking restrictions

Answer 6

Savings and Loans institutes 1983 (started by Carter)

Question 7

what happened to the textile industry between 19080-85 due to the policies on trade

Answer 7

deregulation led to foreign import goods rising in price which hit American businesses

250 textile plants were forced to close

300,000+ workers in the textile industry lost their jobs

Question 8

give 2 ways in which big government was reduced in the short term

Answer 8

success in deregulating the cost of petrol and heating fuel

federal strike force to combat government fraud and waste saved $2billion in 6 months

Question 9

what were conglomerates

Answer 9

a multi-industry company that contains different and unrelated businesses within to dominate several markets at once

Question 10

what was the name of the legislation that needed to be passed after the deregulations of banking loans failed

Answer 10

competitive equality in banking act 1987

Question 11

what was the purpose of competitive equality in banking act 1987

Answer 11

cover the cost of the money lost through closed S&L (covered by the government = gov spending)

Question 12

how much money had the S&L lost by 1988

Answer 12

$10billion

Question 13

what legislation was passed after the 1988 property market crash

Answer 13

Bush had to sign the Financial Institutions Reform,Recovery and Reinforcement Act (FIRREA)

Question 14

how much did the 1988 S&L crisis cost the federal government

Answer 14

$150 billion to set up new federal regulators for the property and banking market

Question 15

how much did Reagan tell federal government members they should cut down on travel spending

Answer 15

15%

Question 16

how much welfare spending was cut by Reagan on LBJ’s Great society welfare programmes

Answer 16

$35 billion on projects involved in: school lunches, daycare, education and families

Question 17

how much did Reagan spend on defence and military

Answer 17

his spending on it increased by 40%

Question 18

how much did Reagan put aside with the intention on spending on the military and the Star Wars project

Answer 18

$1.2 trillion on a 5 year plan

Question 19

what was the legislation that passed that involved in cutting taxes

Answer 19

economic recovery tax act (ERTA)

Question 20

how much did the ERTA cut taxes by in 1981

Answer 20

lowest band: 14% -> 11%
highest band: 70% -> 50%

Question 21

how much did the 1986 tax changes affect the 2 bands

Answer 21

lowest band: 11% -> 15%
highest band 50% ->28%

Question 22

how did unemployment stats changes from 1980-1988

Answer 22

1980 = 7.1%
1983 = 9.6%
1988 = 5.5%

Question 23

how did inflation stats change from 1980-1988

Answer 23

1980 = 13.5%
1982 = 6.2%
1988 = 4.4%

Question 24

how did the federal deficit change between 1980-1983

Answer 24

1980 = $59 billion
1983 = $208 billion

Question 25

how much did military spending contribute to the overall federal deficit

Answer 25

28% (rose from 23%)

Question 26

how many new jobs were created in 1988

Answer 26

18 million but bad conditions and low pay

Question 27

how did the amount of people living below the poverty line change between 1979-1983

Answer 27

rose by 25%

Question 28

how many work programmes were available to the poorer people in January 1987

Answer 28

42 (state run)

Question 29

how did the amount of social low income housing change between 1970-1985

Answer 29

1970 = 2.4 million 1985 = 3.7 million families who qualified for low income housing were turned away as there were none available

Question 30

how did the funds for low income housing change under Reagan between 1978-1988

Answer 30

1978 = $32.2 billion 1988 = $9.2 billion

Question 31

how did funding for the homeless change between 1984-1988

Answer 31

1984 = $300 million 1988 = $1.6 billion

Question 32

what was the name of the welfare legislation policy which shifted job training from federal to state responsibility

Answer 32

Job training partnership act 1982

Question 33

what was the name of the welfare legislation policy which set up FEMA and why

Answer 33

McKinney Vento homeless assistance Act 1987 set up FEMA (federal emergency management agency) to deal with the mass homelessness providing money to shelters especially with: elderly, families with children and veterans

Question 34

what was the name of the welfare legislation policy which provided support and benefits to families

Answer 34

family support act 1988 families were only eligible for benefits if at least 1 parent was working at least 16 hours a week and have finished education and have undergone job training for the state to provide childcare most families couldn't afford childcare due to the removal of welfare programmes and the high costs so most weren't seen as eligible as they couldn't meet the requirements to get their benefits

Question 35

what happened to mortgage debt between 1980-1987

Answer 35

it increased by 30%

Question 36

what happened to rate of foreclosure (amount of people loosing their homes as they failed to pay banks back their loans) between 19980-1987

Answer 36

increased by 4 times the amount

Question 37

what happened to the amount of leisure hours workers had between 1973-1987

Answer 37

1973 = 26 hours 1987 = 16 hours

Question 38

how many racial discrimination lawsuits were filed against Reagan in his first 6 months of presidency

Answer 38

5 - compared to Nixon's 24

Question 39

what happened to the bilingual funding for education

Answer 39

40% of it was withdrawn as Reagan argued it would increase the chances of people getting jobs the quicker they learnt English

Question 40

what was the name of the act that Reagan was forced to sign after originally vetoing it

Answer 40

Civil rights restoration act 1988 - a bill to extent the civil rights requirements on organisations and businesses receiving federal funds his veto was overridden by congress (in a super majority) this led to Martin Luther King Jr day becoming a national holiday

Question 41

who did Reagan appoint to the Supreme Court

Answer 41

Sandra Day O'Connor - the first female in the Supreme Court

Question 42

what happened to farmers in 1983

Answer 42

the suicide rate for farmers was 4 times the rate of any other workers

Question 43

what was the organisation created by farmers and why was it made

Answer 43

The national save the family farm coalition 1986 created to organise campaigns and highlight the struggling situation small family farms experienced

Question 44

how many farms were being sold each month in 1983

Answer 44

500 (not good)

Question 45

how much did Reagan increase military defence spending by

Answer 45

40%

Question 46

how did the GNP change between 1982-1989

Answer 46

rose by 30%

Question 47

which act meant that the working poor no longer paid tax

Answer 47

1986 tax reform act