If you listen to the Thom Hartmann radio show, you might hear him say "roll back the Reagan tax cuts" frequently when he discusses the American budget deficit. (He wrote an article about that back in
2007 and
commented about the Reagan tax cuts on the radio the next year or 2009.) Something you probably didn't know about the Reagan tax cuts, officially the Economic Recovery Tax Act of 1981 (
Wikipedia,
Library of Congress): the House of Representatives passed the tax cuts bill on July 29, 1981, a royal wedding day - that of Prince Charles and Diana Spencer (they'd divorce 15 years later, and Princess Diana is killed in a car crash in 1997).
When Prince William married Kate Middleton on Friday, that provided the world with some happy news in the midst of a tanking world economy, global warming, and conflicts in the Middle East. Meanwhile, in America, Congress had been squabbling over a budget, and a tornado severely wrecked Alabama.
Curiously, I visited the
Vanderbilt University Television News Archive to see what else was going on in the world back in 1981 during the last major royal wedding, of
Prince Charles and Lady Diana Spencer. (A blog also did that,
here.) The Reagan tax cuts vote was the other major event that day, and other events of late July 1981 included the air traffic controller union dispute (the strike would begin the nex month), the
baseball strike, former Iranian president Abolhassan Bani-Sadr
escaping to France,
conflict between Israel and Syria (before the 1982 Lebanon War), Senator Barry Goldwater calling for CIA director William Casey
to resign, and
food shortages in Poland.