Former actor → great communicator
laissez-faire : business will regulate itself
Cut taxes so that ppl could have more money to invest (didn't work)
Reduction of gvt money : cut some social reforms
Highest unemployment since the Great Depression, not many unemployment compensations
Appointed 1st woman in the SC (O'connor)
Ha was interrogated about a deal with Iran : US had banned trade with Iran : illegal to deal with. Press brough a story that the US sold arms to Iran bc US needed money to fight the Communists in Nicaragua.
Economy began growing again