Category: History
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Yom Kippur War, Oil Embargo & Inflation
The Yom Kippur War was an armed conflict fought from October 6 to 25, 1973 between Israel and a coalition of Arab states led by Egypt and Syria. The majority of combat between the two sides took place in the Sinai Peninsula and the Golan Heights—both of which were occupied by Israel in 1967—with some…
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Key Moments of the Reagan Years
The 1980’s opens with an election year. Democrat Jimmy Carter is seeking his second term and former California governor Ronald Reagan is the Republican challenger. Reagan goes on to win rather handily and he initiates 12 years of Republican conservatism in the White House. Shortly after he takes office a number of things happen. Iran…
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Federal Government Spending
Comparing the final budgets of presidents Carter through G.W. Bush, the distributions do not change all that much.