Events
During the campaign of 1980, Ronald Reagan announced a recipe to fix the nation's economic mess. He claimed an undue tax burden, excessive government regulation, and massive social spending programs hampered growth. Reagan proposed a phased 30% tax cut for the first three years of his Presidency. The bulk of the cut would be concentrated at the upper income levels. The economic theory behind the wisdom of such a plan was called SUPPLY-SIDE or TRICKLE-DOWN ECONOMICS.
The official purpose of this Berlin Wall was to keep Western “fascists” from entering East Germany and undermining the socialist state, but it primarily served the objective of stemming mass defections from East to West. The Berlin Wall stood until November 9, 1989, when the head of the East German Communist Party announced that citizens of the GDR could cross the border whenever they pleased. That night, ecstatic crowds swarmed the wall. Some crossed freely into West Berlin, while others brought hammers and picks and began to chip away at the wall itself. To this day, the Berlin Wall remains one of the most powerful and enduring symbols of the Cold War.
President Bush launched the first major foreign crisis for the United States after the end of the Cold War presented itself in August 1990. Saddam Hussein, the dictator of Iraq, ordered his army across the border into tiny Kuwait. This was no ordinary act of aggression. Iraq's army was well equipped. The United States had provided massive military aid to Iraq during their eight-year war with Iran, giving them the fourth largest army in the world.
NAFTA & Impeachment
On September 9, Kenneth Starr submitted his report and 18 boxes of supporting documents to the House of Representatives. Released to the public two days later, the Starr Report outlined a case for impeaching Clinton on 11 grounds, including perjury, obstruction of justice, witness-tampering, and abuse of power, and also provided explicit details of the sexual relationship between the president and Ms. Lewinsky. On October 8, the House authorized a wide-ranging impeachment inquiry, and on December 11, the House Judiciary Committee approved three articles of impeachment. On December 19, the House impeached Clinton.