1980s Was a Decade Of Dissapointment

Decades of disappointment Social, political, economic, and international events in the United States seem to be in a state of change, from the world war to the unity of the people. A period of extreme importance in American history was the era of hostility and misfortune in the 1980s. From the discovery of AIDS to the complete boycott of the Olympic Games by the United States and Russia, and the tragedy of the state due to the Challenger's space shuttle disaster, these social events have brought major changes to millions of people in many countries.

The phenomenal growth of the arts and cultural finance industry in the 1980s was not a clear result at the beginning of the decade. Between 1980 and 1982, the country experienced a "double bottom" depression, experienced stagnant economic growth and excessive inflation for ten years. The new Reagan administration took office in January 1981, plans to terminate the provision of funds to the national energy administration and reduce the scope of social services. Coupled with the challenging economic environment, the restrictive rule of basic expenditure enacted in 1969 delayed the establishment of the foundation and resulted in a decrease in the number of active foundations in recent years. The following sections explore how these and other economic and political changes in the 1980s affected public and private support for art and culture.

In the 1980s, the economic policy of the United States was fundamentally changed. These changes were influenced by the initial economic situation of the decade, the style and political philosophy of Friedrich Reagan, and the atmosphere of new knowledge of economists and policy makers. Unusually high inflation rates in the late 1970s, and the dramatic increases in personal taxes and government spending in the 1960s and 1970s caused broad national dissatisfaction. Ronald Reagan's election in 1980 reflects this political feeling and offers a president devoted to achieving low inflation, lowering tax rates, and shrinking government's role in the economy.

According to biographer author Lou Cannon, "In addition to the definition of Ronald Reagan in the 1980s, there was no president who saved Roosevelt for ten years," but Cannon was not too much. Reagan served as Governor of California in the 1960s and left a mark that will not disappear in American politics from the 1980s to the present. I predict that the latter half of the 20th century will be called the Reagan era, like the first half of the 20th century, which is known as the Roosevelt era. Just as Roosevelt let America escape the economic depression, Reagan resolved the serious psychological depression caused by the assassination of the traumatized country, John F. Kennedy and Martin Luther King Jr., and the Vietnam War I received. Impact of scandal Watergate incidents and Jimmy Carter sluggish. Reagan uses the same political tools as Roosevelt. Roosevelt speaks optimistic and refreshing words by the fireplace of the people, with Congressional main speech.