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To A New Conervatism, 1969-1988

The 1973 United States North Vietnam agreement was actually a disguised U.S. surrender. The Watergate scandal demonstrated the strength of American's basic governmental institutions. Public confidence in the political system was the greatest casualty of the Watergate scandal. The most grave consequence of the 1970s oil shock was  inflation throuhout America. The women's movement grew out of the civil rights and antiwar movements. The birth of the gay liberation movement was at the Stonewall Inn. Reaganomics was a form of supply-side economics. Apparently Oliver North, William Casey, John Poindexter, and Robert McFarlane knew of the Iran Contra affair before November 1986. In responding to the burgeoning AIDS epidemic, the Reagan administration proved slow and halting in its approach. Mikhail Gorbachev's new policy included Peresroika, and Glansnost.

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