The Reagan Administration
Headed by U.S. President Ronald Reagan from 1981 to 1989, the Reagan Administration was conservative, steadfastly anti-Communist and in favor of tax cuts and smaller government. It also liked to think of itself as supportive of business interests and being tough on crime. During its two term tenure, it saw the release of American hostages in Tehran (happening just minutes into Reagan's presidency), an attempted assassination, economic recovery, increases in military spending to fight the Cold War, and a tripling of the national debt. The administration declared a renewed war on drugs, but was criticized for being slow to respond to the AIDS epidemic.