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Ronald Reagan Inaugurated (40th President)
A Republican, Reagan implemented "trickle-down" economics or Reaconomics-- a decrease in taxes in the middle to upper classes that he hoped would bring prosperity to the lower class as well. -
Ronald Reagan Assassination Attempt
A bullet bounced off the limousine and tore through the president's lung and lodged itself near his heart. -
The Iran-Contra Affair
Orchestrated by Robert McFarlane and Oliver North, the Iran-Contra Affair was a trade of arms and missiles to free some Americans held hostage by terrorists in Lebanon, but also used funds from the arms deal to support armed conflict in Nicaragua. -
George H. W. Bush Inauguration (41st President)
A Republican, his diplomatic accomplishments were the Americans with Disabilities Act (1990) and The Clean Air Act (1990). -
The Fall of the Berlin Wall
For twenty-eight years, the Berlin Wall was standing, and its collapse signified the end of the Soviet Union. -
The Collapse of the Soviet Union
The expensive arms race, political corruption, and ethnocentrism of the Soviets allowed the Union to collapse. -
Bill Clinton Inaugurated (42nd President)
A Democrat, Clinton created more than 22 million jobs, created the lowest unemployment in 30 years, and had the lowest government spending in 30 years. -
Terrorist Attack on the World Trade Center Towers.
A three-part terrorist attack involving for planes-- two directed at the twin towers, one directed toward the pentagon, and another plane that was prevented from reaching its target because the passengers stopped it.