Global InformationPresidency of Ronald Reagan information
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| Presidency of Ronald Reagan January 20, 1981 – January 20, 1989 | |
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| Party | Republican |
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| Seat | White House |
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Personal life
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33rd Governor of California
40th President of the United States
Tenure
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Judicial appointments
Presidential campaigns
Legacy
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Ronald Reagan's tenure as the 40th president of the United States began with his first inauguration on January 20, 1981, and ended on January 20, 1989. Reagan, a Republican from California, took office following his landslide victory over Democrat incumbent president Jimmy Carter and independent congressman John B. Anderson in the 1980 presidential election. Four years later, in the 1984 presidential election, he defeated former Democratic vice president Walter Mondale, to win re-election in a larger landslide. Due to U.S. Constitutional law, Reagan was limited to two terms and was succeeded by his vice president, George H. W. Bush, who won the 1988 presidential election. Reagan's 1980 landslide election resulted from a dramatic conservative shift to the right in American politics, including a loss of confidence in liberal, New Deal, and Great Society programs and priorities that had dominated the national agenda since the 1930s.
Domestically, the Reagan administration enacted a major tax cut, sought to cut non-military spending, and eliminated federal regulations. The administration's economic policies, known as "Reaganomics", were inspired by supply-side economics. The combination of tax cuts and an increase in defense spending led to budget deficits, and the federal debt increased significantly during Reagan's tenure. Reagan signed the Tax Reform Act of 1986, simplifying the tax code by reducing rates and removing several tax breaks, and the Immigration Reform and Control Act of 1986, which enacted sweeping changes to U.S. immigration law and granted amnesty to three million illegal immigrants. Reagan also appointed more federal judges than any other president, including four Supreme Court Justices.
Reagan's foreign policy stance was resolutely anti-communist; its plan of action, known as the Reagan Doctrine, sought to roll back the global influence of the Soviet Union in an attempt to end the Cold War. Under his doctrine, the Reagan administration initiated a massive buildup of the United States military; promoted new technologies such as missile defense systems; and, in 1983, undertook an invasion of Grenada, the first major overseas action by U.S. troops since the end of the Vietnam War. The administration also created controversy by granting aid to paramilitary forces seeking to overthrow leftist governments, particularly in war-torn Central America and Afghanistan. Specifically, the Reagan administration engaged in covert arms sales to Iran to fund Contra rebels in Nicaragua that were fighting to overthrow their nation's socialist government; the resulting Iran–Contra affair led to the conviction or resignation of several administration officials. During Reagan's second term, he sought closer relations with Soviet leader Mikhail Gorbachev, and the two leaders signed a major arms control agreement known as the INF Treaty.
Historians and political scientists generally rank Reagan in the upper tier of American presidents, and consider him to be one of the most important presidents since Franklin D. Roosevelt. Supporters of Reagan's presidency have pointed to his contributions to the economic recovery of the 1980s, the peaceful end of the Cold War, and a broader restoration of American confidence. Reagan's presidency has received criticism for rising budget deficits and wealth inequality during and after his presidency, as well as for his leadership of the executive branch, particularly during the Iran–Contra affair. Due to Reagan's impact on public discourse and advocacy of American conservatism, some historians have described the period during and after his presidency as the Reagan Era.