Foreign policy of the Ronald Reagan administration of the Soviet Union's total export earnings). To restructure the Soviet economy before it collapsed, Gorbachev announced an agenda of rapid reform, based upon what he called perestroika (meaning "restructuring") and glasnost (meaning "liberalization" and "openness"). Reform required Gorbachev to redirect the country's resources from costly Cold War military commitments to more profitable areas in the civilian sector. As a result, Gorbachev offered major concessions to the United States on the levels of conventional forces, nuclear weapons, and policy in Eastern Europe. Many US Soviet experts and administration officials doubted that Gorbachev was serious about winding down the arms race,
1996 Mikhail Gorbachev presidential campaign During the course of his candidacy, Gorbachev, accompanied by his wife Raisa, traveled the country to deliver stump speeches. Gorbachev regularly encountered hecklers. Gorbachev once responded to hecklers by exclaiming, On the stump, Gorbachev defended his record, claiming that he had tried to save the Soviet Union, but that he had been betrayed by both communist hard-liners and an ambitious Yeltsin. He additionally placed blame on the 1991 coup attempt for undermining his efforts to preserve the Soviet Union. In his speeches Gorbachev would often refer to himself in third-person. He spent most of his time on the campaign trail