i. domestic policiesi. domestic policies a.new federalism 1. nixon’s first goal-decrease the size...
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Nixon-not Watergate, but the other stuff
I. Domestic Policies
A. New Federalism
1. Nixon’s first goal-decrease the size of the federal gov’t that LBJ built up.
2. New Federalism-give power back to state and local gov’t.
a. revenue sharing-state and local gov’t can use federal $$ how they want instead of being told where to spend it.
b. Mixed results
B. Nixon’s 1972 Re-Election Strategy
1. Nixon (Republican) tries to appeal to Southern Democrats upset with desegregation policies. (Many
democrats were divided on civil rights issues)
2. How?
a. Promises a Supreme Court Justice from the South
b. Slows integration of schools and busing
3. Success-Nixon wins the South (49/50 states)
III. Economic Issues
A. Stagflation-high unemployment and high inflation
1. Causes
a. LBJ’s programs-$$$$
b. Baby boomers need jobs
c. Foreign oil dependency
c. Foreign oil dependency
1. US supports Israel during a war in the Middle East in 1973
2. OPEC (Org. of Petroleum Exporting Countries) cut off oil to the US for a year, then quadrupled prices in
1974
-Nixon tried to raise taxes and interest rates plus freeze wages and prices, but none of this stopped Stagflation
II. Foreign Policy
A. Nixon and Kissinger promote Realpolitik (political realism)-deal with the most powerful countries and forget the smaller ones
1. Abandons containment of Communism and implements détente-easing of Cold War tensions
a. Nixon visits China in 1972
-eased tensions and established trading practices and other agreements
b. Nixon visits Moscow
-signs the SALT I Treaty-limits the number of long range missiles each country could produce.
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