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The early 1980s recession was a severe economic recession that affected much of the world between approximately the start of 1980 and 1982. [2] [1] [3] Long-term effects of the early 1980s recession contributed to the Latin American debt crisis, long-lasting slowdowns in the Caribbean and Sub-Saharan African countries, [3] the US savings and loan crisis, and a general adoption of neoliberal ...
The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of approximately a third of the savings and loan associations (S&Ls or thrifts) in the United States between 1986 and 1995.
Drunk driving is the act of operating a motor vehicle with the operator's ability to do so impaired as a result of alcohol consumption, or with a blood alcohol level in excess of the legal limit. [1] For drivers 21 years or older, driving with a blood alcohol concentration (BAC) of 0.08% or higher is illegal.
In the 1980s and '90s, a push to lower the legal blood alcohol content (BAC) limit for getting behind the wheel took the country by storm. Mothers Against Drunk Driving (MADD) was formed in 1980 ...
Dunlap, Riley E., and Angela G. Mertig, eds. American environmentalism: The US environmental movement, 1970–1990 (2014) Ehrman, John. The Eighties: America in the Age of Reagan. (2005) Ferguson Thomas, and Joel Rogers, Right Turn: The Decline of the Democrats and the Future of American Politics (1986). Greene, John Robert. (2nd ed. 2015) excerpt
Rebounding inflation after an initial decline spurred the Fed to continue monetary tightening, which led to another recession after only a year. The period from 1980 to 1982 is sometimes referred to as a double-dip recession. Dec 1982– July 1990 92 +2.8% +4.3%: Inflation was under control by the mid-1980s.
The International Women’s Year Conference (IWY), is held in Houston, Texas, where 2,000 state-appointed delegates vote on planks to form a “Plan of Action” called “What Women Want.” 1978 – Volkswagen becomes the second non-American automobile manufacturer (after Rolls-Royce) to open a plant in the United States, commencing ...
The history of the United States debt ceiling deals with movements in the United States debt ceiling since it was created in 1917. Management of the United States public debt is an important part of the macroeconomics of the United States economy and finance system, and the debt ceiling is a limitation on the federal government's ability to manage the economy and finance system.