Ronald Reagan

Ronald Wilson Reagan (February 6, 1911 – June 5, 2004) was an American politician and actor who served as the 40th president of the United States from 1981 to 1989. A member of the Republican Party, he became an important figure in the American conservative movement. The period encompassing his presidency is known as the Reagan era.

Born in Tampico, Illinois, Reagan graduated from Eureka College in 1932 and was hired the next year as a sports broadcaster in Iowa. In 1937, he moved to California where he became a well-known film actor. During his acting career, Reagan was president of the Screen Actors Guild twice from 1947 to 1952 and from 1959 to 1960. In the 1950s, he hosted General Electric Theater and worked as a motivational speaker for General Electric. During the 1964 presidential election, Reagan's "A Time for Choosing" speech launched his rise as a leading conservative figure. After being elected governor of California in 1966, he raised state taxes, turned the state budget deficit into a surplus, and implemented crackdowns on university protests. Following his loss to Gerald Ford in the 1976 Republican Party presidential primaries, Reagan won the Republican Party's nomination and then obtained a landslide victory over President Jimmy Carter in the 1980 presidential election.

In his first term as president, Reagan began implementing "Reaganomics", a policy involving economic deregulation and cuts to both taxes and government spending during a period of stagflation. On the world stage, he escalated the arms race, increased military spending, shifted Cold War policy away from détente, and ordered the 1983 invasion of Grenada. Other notable events during Reagan's first term included his survival of an assassination attempt, a well-publicized fight with public-sector labor unions, an expansion of the war on drugs, and his administration's slow response to the AIDS epidemic. In the 1984 presidential election, he was elected to a second term by defeating former vice president Walter Mondale in one of the largest landslide victories in American history. Foreign affairs dominated his second term, including the 1986 bombing of Libya, the secret and illegal sale of arms to Iran to fund the Contras, and negotiations with Soviet leader Mikhail Gorbachev that culminated in the Intermediate-Range Nuclear Forces Treaty.