Word: reaganized
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...Despite all the nervousness, the dollar is not necessarily destined to decline. Large budget deficits don't automatically lead to weaker currencies. In the early 1980s, the dollar strengthened even as the Reagan Administration embarked on a spending spree, because higher interest rates attracted foreign money, pushing the dollar up. The budget deficit "is not at the center of thinking about the dollar," says Richard Portes, an economist at the London Business School...
...Sara L. Wright ’09—overflowed with a vitality that managed to make these overdone themes appear refreshingly novel.The three-hour-long piece (schedule your dinner plans for before curtain call!) is a series of interconnected stories of individuals wrestling with deviant identities in Reagan-era New York City. The floor design—a white web of sorts—mimics the interwoven nature of the narratives; streaks of red and blue remind the audience of the American ideals against which the characters are juxtaposed. Sets are minimal, as the script calls for numerous settings...
...1980s, the war on drugs was in full swing, as the crack epidemic threatened to overwhelm American cities' criminal justice systems. Drug crimes had become increasingly violent, prompting calls for even stricter mandatory minimum sentencing laws. In 1986, the Reagan Administration passed a law requiring federal judges to give fixed sentences to drug offenders based on variables including the amount seized and the presence of firearms...
...Born in the U.S.A., one of the best -selling albums of all time. With with over 15 million copies sold in the U.S. alone, the album remains the most successful in Columbia Records' history; 7 of its tracks became Top 10 singles. Released at the height of Ronald Reagan's 1984 reelection campaign, the song "Born in the USA" itself was widely seen as a jingoistic anthem, despite lyrics expressing anger and frustration over the treatment of Vietnam veterans...
...Union with the other Allied leaders, and the end result was the partition of Germany and the creation of the United Nations. Dwight D. Eisenhower, fulfilling a campaign promise, traveled to Korea as President-Elect in December 1952 - the Korean War ended seven months later. And, of course, Ronald Reagan helped bring the Cold War to a close when he gave his 1987 speech at the Berlin Wall, challenging Mikhail Gorbachev to "Tear down this wall...