Reagan Era

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The Reagan era or the Age of Reagan is a periodization of United States history used by historians and political observers to emphasize that the conservative "Reagan Revolution" led by President Ronald Reagan in domestic and foreign policy had a lasting impact. It overlaps with what political scientists call the Sixth Party System. Definitions of the Reagan era universally include the 1980s and the early 1990s, while more extensive definitions may also include the late 1970s, all of the 1990s, and even up until the late 2000s or the present. In his 2008 book, The Age of Reagan: A History, 1974–2008, historian and journalist Sean Wilentz argues that Reagan dominated this stretch of American history in the same way that Franklin D. Roosevelt and his New Deal legacy dominated the four preceding decades. The Reagan era included ideas and personalities beyond Reagan himself. He is usually characterized as the leader of a broadly-based conservative movement whose ideas dominated national policy-making in areas such as taxes, welfare, defense, the federal judiciary, and the Cold War. Other major conservative figures and organizations of the Reagan era include Newt Gingrich, William F. Buckley Jr., Pat Buchanan, Jerry Falwell, Phyllis Schlafly and The Heritage Foundation. The Rehnquist Court, inaugurated during Reagan's presidency, handed down several conservative decisions. The Reagan era coincides with the presidency of Reagan, and, in more extensive definitions, the presidencies of Gerald Ford, Jimmy Carter, George H. W. Bush, Bill Clinton, and George W. Bush. Liberals generally lament the Reagan era, while conservatives generally praise it and call for its continuation in the 21st century. However, some liberals were significantly influenced as well, leading to the Third Way. Upon taking office, the Reagan administration implemented an economic policy based on the theory of supply-side economics. Taxes were reduced through the passage...