The reading of Chapter 30 of the book has been
significant for me in giving me a better understanding about how the social
activism in the society of 1960’s gave rise to new changes in the political
trends. It was imperative for me to discover that the economic policies of
President Reagan led to steep deficits and the strategy of deregulation made
the Reagan administration lose sight of the business giving out varied results.
I was surprised to learn that besides Reagan’s intense military spending and
his second term scandals like Iran –contra, Reagan maintained a high popularity
level among the public. I also learned a great deal about how President Reagan
met Mikhail Gorbachev of Russia as the Cold War ended, and the situations in
the Middle East started to decline with an emerging intense conflict and
violence between Palestine and Israel along with an increase over the attacks
involving both America and other Western nations.
I think after the end of Cold War the
emergence of new kind of issues like Saddam Husain invading Kuwait and United
States and its allies objective to move him out of Kuwait was a major event in
the political history of the world as it visibly changed the political
scenarios existing in the Middle East. For United States as well, major changes
occurred that came in the form of bad recession days to the increased racial
tensions. Consequently President Bush paid a heavy price because of ignoring
the domestic issues as the people of America elected Bill Clinton as their
President in the year 1992.
In my view the policies which were
introduced by Clinton and his concentration on domestic issues along with his
economic reform package played a vital role in bringing back America on a much
better footing. Clinton’s stance on dismantling of Cold War nuclear arsenals and
the proliferation of nuclear weapons are one of the major moves that I would
appreciate by him. The reelection of Clinton and his support for tax cuts and
presenting a balanced budget really helped achieve America a budget surplus.
But the scandal of Monica Lewinsky proved to be of much harm to the overall
reputation of the president resulting in his impeachment. It was also another
major turning point for American political history as after Clinton’s
impeachment President George W Bush got elected.
It was interesting to learn that during 1990’s
America also saw rise in stock market numbers and for the time being the factor
of unemployment declined. However I think the increase in income inequality is
something which affected America and economic trends of the country. On the
other hand it was really important for me to discover the cultural changes that
were brought about in the 1990 and the rise of media and internet began as a
major technological revolution. In fact to me the 1990’s was a decade where not
only America but the overall world saw many significant changes that provided
firm base for the innovations concerning the future of the world.
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