Ronald Reagan
In his first term, Reagan created "Reaganomics", which included economic deregulation and cuts in both taxes and government spending during a period of stagflation. He grew an arms race and moved Cold War policy away from détente with the Soviet Union. He also survived an assassination attempt, had a feud with public sector labor unions, expanded the war on drugs, and ordered the invasion of Grenada in 1983. In the 1984 presidential election, Reagan was re-elected over former vice president Walter Mondale in another landslide victory. Foreign policy took over Reagan's second term, including the 1986 bombing of Libya, the Iran–Iraq War, the secret sale of arms to Iran to fund the Contras, and a more calm approach in talks with Soviet leader Mikhail Gorbachev that led to the Intermediate-Range Nuclear Forces Treaty.