As the 1970s gave way to the 1980s, Americans were ready for a more conservative leader and they found the answer to their quest in Ronald Reagan. Reagan's folksy ways and familiar face created an aura of trust and he became one of America's most popular presidents. But Reagan's homespun ways could not forestall the economic crises of the 1980s and the widening economic divide between the haves and the have-nots. This episode examines some of the major events of the 1980s including the recession, AIDS, Wall Street, MTV, terrorism, televangelism and the fall of communism.