Ap us history Unit 8 Terms Chapter 34 Francisco Franco

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Rainbow coalition” – In 1988, Gary Hart tried to get the Democratic nomination but had to drop out due to a sexual misconduct charge while Jesse Jackson assembled a “rainbow coalition” in hopes of becoming president. But, the Democrats finally chose Michael Dukakis, who lost badly to Republican candidate and Reagan’s vice president George Herbert Walker Bush, 112 to 426.

ReaganomicsWhile president, he developed “Reaganomics,” the trickle-down effect of government incentives. He cut out many welfare and public works programs. He proposed the Strategic Defense Initiative, though it never came to be. His meetings with Gorbachev were the first steps toward ending the Cold War. He was also in office during the Iran-Contra Affair, which bought hostages with guns, though he was unaware of the dealings.

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