Significant Events in Ronald Reagan’s Presidency By Anthony Sages
The 40th President of the United States, Ronald Wilson Reagan, was elected in the 1980 presidential election. He took office in January 1981 and served two full terms, leaving office in January 1989. During his eight years, President Reagan enjoyed multiple accomplishments.
President Ronald Reagan. photo: Public Domain
1. Supreme Court: Ronald Reagan appointed three Supreme Court justices during his eight years as president. His first was Sandra Day O’Connor, who served the court as an Associate Justice for 25 years before retiring in 2005. He also appointed Anthony Kennedy and Antonin Scalia, as well as elevating William Rehnquist to the position of Chief Justice.
2. Cold War: President Reagan made it his personal mission to end the proliferation of nuclear weapons. With this in mind, he oversaw the end of the Cold War with the Soviet Union, pursuing diplomacy with Mikhail Gorbachev. The two signed the Intermediate-Range Nuclear Forces Treaty and engaged in the Strategic Arms Reduction Talks.
3. War on Drugs: During his second term, Reagan toughened federal laws on drugs, budgeting $1.7 billion to fund the war. His wife, Nancy Reagan, also launched the “Just Say No” campaign to reduce recreational drug use among the nation’s youth.
4. Reaganomics: President Reagan made the American economy a top priority during his presidency, with economic policy based on four pillars that included reduction of government spending, reduced income and capital gains taxation, decreased government regulation, and governmental control of the money supply in order to reduce inflation.
5. John Hinckley Junior’s Assassination Attempt: Reagan had only been President for 69 days when John Hinckley, Jr., shot him and his Press Secretary, James Brady. Reagan was the first president to survive an attempted assassination via shooting.
About the author: Anthony Sages is the President of AXA Financial, Inc. He lives in New York City, where he enjoys collecting modern art, yachting, big game hunting, and running marathons. Mr. Sages lists his favorite American President as Ronald Reagan.