Major Events of Presidency:
- American hostages in Iran released
- Reagan wins major tax and budget cuts
- U.S. military begins buildup
- Soviet Union imposes martial law in Poland
- United States begins supporting contra rebellion in Nicaragua
- Reagan survives assassination attempt
- Existence of AID's reported in U.S.
- Equal Rights Amendment fails to be ratified
- Severe recession begins
- Unemployment reaches 11%
- United States invades Grenada
- Israel invades Lebanon
- U.S. Marines killed in terrorist attack in Beirut
- Nuclear freeze movement
- Inflation/interest rates decline
- Economic recovery begins
- Jesse Jackson campaigns for Democratic presidential nomination
- Democrats nominate Geraldine Ferraro for vice president
- Walter Mondale defeated in presidential election
- Mikhail Gorbachev becomes leader of the Soviet Union
- Crack/cocaine appears in U.S. cities for the first time
- Iran-Contra scandal revealed
- Democrats regain control in U.S. Senate
- US and USSR sign INF treaty