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=The recession of 1982 and recovery= |
Poindexter |
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===Intervention in Latin America and the Middle East===
<div style="float:right; width: 280px; margin:0 0 1em 1em; font-style: italic; text-align:center;">[[image:Poindexter.jpg|John M. Poindexter]]<br> ''Reagan's [[National Security Advisor]], [[John M. Poindexter]] (above), was convicted on multiple [[felony]] counts on [[April 7]], [[1990]] for conspiracy, obstruction of justice, lying to Congress, defrauding the government, and the alteration and destruction of evidence pertaining to the [[Iran-Contra Affair]].''</div>
With [[Ronald Reagan|Reagan]]'s promises to restore the nation's military strength, the 1980s saw massive increases in military spending, amounting to about $1.6 trillion over five years. A new [[arms race]] would develop as superpower relations deteriorated to a level not seen since the 1960s.
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