Introduction
In the late 1970s, Americans faced a time that was troubling in terms of rising inflation and weakened economy. Before 1980s, the previous two decades saw America facing the countercultural and radical movements, the Vietnam War, the Watergate scandal, economic crisis and growing tension in the Middle- East. These events decreased the confidence and trust of the American public in their government and their governance. The American idealism was shattered by the rising crime, foreign policy turmoil and inflation. As a response, Americans started embracing conservatism in political, social, and economic life that was best characterized by President Ronald ...