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By the end of Jimmy Carter's presidency, the idealistic dreams of the 1960s were worn down by inflation, foreign policy turmoil and rising crime. In response, many Americans embraced a new conservatism in social, economic and political life during the 1980s, characterized by the policies of President Ronald Reagan.
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The Moral Majority was a prominent American political organization associated with the Christian right and Republican Party. It was founded in 1979 by Baptist minister Jerry Falwell and associates, and dissolved in the late 1980's.
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called for widespread tax cuts, decreased social spending, increased military spending and the deregulation of domestic markets.
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The Iran–Contra affair, popularised in Iran as the McFarlane affair, also referred to as Irangate, Contragate, the Iran–Contra scandal, or simply Iran-Contra, was a political scandal in the United States that occurred during the second term of the Reagan Administration.
