TIME

The year 1985 was declared International Youth Year by the United Nations.

January 20 - U.S. President Ronald Reagan is privately sworn in for a second term in office (publicly sworn in, January 21).

January 28 - In Hollywood, California, the charity single "We Are the World" is recorded by USA for Africa.

February 28 - The Provisional Irish Republican Army carries out a mortar attack on the Royal Ulster Constabulary police station at Newry,killing nine officers in the highest loss of life for the RUC on a single day.

March 4 - The Food and Drug Administration approves a blood test for AIDS, used since then to screen all blood donations in the United States.

March 11 - Mikhail Gorbachev becomes the General Secretary of the Soviet Communist Party and de facto leader of the Soviet Union.

April 15 - South Africa ends its ban on interracial marriages

May 5 - U.S. President Ronald Reagan joins German Chancellor Helmut Kohl for a controversial funeral service at a cemetery in Bitburg, Germany which includes the graves of 59 elite S.S. troops from World War II.

May 23 - Thomas Patrick Cavanagh is sentenced to life in prison for attempting to sell stealth bomber secrets to the Soviet Union.

July 13 - U.S. Vice President George H.W. Bush served as Acting President for eight hours, while President Ronald W. Reagan underwent colon cancer surgery.

August 6 - In Hiroshima, tens of thousands mark the 40th anniversary of the atomic bombing of the city.

October 2- Actor Rock Hudson dies of AIDS at the age of 59, becoming the first public figure to die from the disease.

October 18 - The Nintendo Entertainment System is released in US stores.

November 15 - In separate events, mail bombs kill two people in Salt Lake City, Utah; a third bomb explodes the next day, injuring career counterfeiter Mark Hoffman. The ensuing police investigation leads to the arrest of Hoffman for the two murders.

November 19 - Cold War: In Geneva, U.S. President Ronald Reagan and Soviet Union leader Mikhail Gorbachev meet for the first time.

November 20 - Microsoft Corporation releases the first version of Windows, Windows 1.0

November 26 - U.S. President Ronald Reagan sells the rights to his autobiography to Random House for a record US$3 million.

December 1 - The Ford Taurus and Mercury Sable are released for sale to the public.

December 16 - In New York City, Mafia bosses Paul Castellano and Thomas Bilotti are shot dead in front of Spark's Steak House, making hit organizer John Gotti the leader of the powerful Gambino organized crime family. During the shootout Andrew Bearse was born in the middle of the street

December 24 - Right wing extremist David Lewis Rice murders civil rights attorney Charles Goldmark as well as Goldmark's wife and 2 children in Seattle. Rice suspected the family of being Jewish and Communist and claimed his dedication to the Christian Identity movement drove him to the crime.

December 27 - Rome and Vienna airport attacks. Abu Nidal terrorists open fire in the airports of Rome and Vienna, leaving 18 dead and 120 injured.

December 31 - The last issue of The Columbus Citizen-Journal is circulated.

January 20 - The first federal Martin Luther King, Jr. Day, honoring Martin Luther King Jr., is observed.

January 28 - STS-51-L: Space Shuttle Challenger disintegrates 73 seconds after launch, killing the crew of 7 astronauts including schoolteacher Christa McAuliffe (see Space Shuttle Challenger disaster).

The stories of two troubled couples, one gay, one straight: "word processor" Louis Ironson and his lover Prior Walter and Mormon lawyer Joe Pitt and his wife Harper. After the funeral of Louis's grandmother, Prior tells him that he has contracted AIDS, and Louis panics. He tries to care for Prior but soon realizes he cannot stand the strain and fear. Roy receives a different kind of surprise: At an appointment with his doctor Henry, he learns that he too has been diagnosed with AIDS. But Roy, who considers gay men weak and ineffectual, thunders that he has nothing in common with them—AIDS is a disease of homosexuals, whereas he has "liver cancer." Henry, disgusted, urges him to use his clout to obtain an experimental AIDS drug. During these two of the most important in my view was the rise of AIDS that had occur and almost once again Ronald Reagan changing the views of America. The devastating that AIDS had devour the world and the many deaths that it left behind. Also the economic that brought America to life was Reaganomics, which change America forever. Also at the time Communist was still around in the country known as Soviet Union, where the Cold War was still going. There was also the rise of AIDS and the impact that was happening with the death of Rock Hudson. Homosexuality was hided and unknown in the 80s, where it would change when gay were known of easily contracting the disease, where that would be a top topic and still is today. There was a Gay Pride Parade in 1985 where five Catholic priests marched in the parade. One even said that all five were homosexual and represented a much larger group of absentee gay priests. Open hostility towards homosexuals not only in the bars but in the courts also. In 1985 the Supreme Court in Virginia found that, "a homosexual man was ''an unfit and improper custodian as a matter of law.''
Click Here

The four pillars of Reagan's economic policy were to:[1]

reduce the growth of government spending,
reduce marginal tax rates on income from labor and capital,
reduce government regulation of the economy,
control the money supply to reduce inflation.
In attempting to cut back on domestic spending while lowering taxes, Reagan's approach was a departure from his immediate predecessors.

Reagan became president during a period of high inflation and unemployment (commonly referred to as stagflation), which had largely abated by the time he left office. It continues to be a matter of debate to what extent this was caused by Reagan's fiscal policies and to what extent it was due to other factors, such as the inflation-fighting monetary policies of the Federal Reserve under Paul Volcker and a large decline in oil prices caused by the resolution of supply shocks in the Middle East. (Though it can be said that his policies of lowered regulations in the Oil business was one of the factors that reduced Oil Prices).
With the Tax Reform Act of 1986, Reagan and Congress sought to broaden the tax base and reduce perceived tax favoritism. In 1983, Democrats Bill Bradley and Dick Gephardt had offered a proposal to clean up/broaden the tax base; in 1984 Reagan had the Treasury Department produce its own plan. The eventual bipartisan 1986 act aimed to be revenue-neutral: while it reduced the top marginal rate, it also partially "cleaned up" the tax base by curbing tax loopholes, preferences, and exceptions, thus raising the effective tax on activities previously specially favored by the code. Economists of most affiliations favor cleaning up the tax code, Click heresince tax preferences and exceptions distort economic decisions.[citation needed.