Ronald Reagan (the candidate of the republican party) defeated former vice president Walter Mondale (the candidate of the democratic party) in the 1984 presidential elections.
Signs point to North Korea unilaterally launching the invasion. It was not helpful for the USSR and was at a very bad time for the PRC since the war immediately shut down plans to invade Taiwan.
The U.S., especially after Chinese troops entered the war, viewed it as a united and aggressive communist bloc brashly taking over one more country and likely to try more if not resisted. US defense spending shot back up to wartime levels (though far from the WWII peak) and stayed there.
China also viewed it as a feeler for aggression that would go further if not resisted. Both countries were overinterpreting local issues as global ones.
The dramatic reverses were all in the first year, followed by two years of stalemate before the armistice.
The United States's recession was for only seven months and eventually lead to the Great Depression in 1929. On the other hand, Germany was much harder due to their debts that are needed to be paid and that was because of the Treaty of Versailles that obliged the Germany to pay the Allied Powers its debt.
<span>The Farmers' Alliances agitated for railroad regulation, tax reform, and unlimited coinage of silver and attempted to influence the established political parties. Growth was so rapid, however, that interest in a third party began to increase; in 1891 delegates from farm and labor organizations met in Cincinnati. No decision was made to form a political party, but when the Republican and Democratic parties both straddled the currency question at the 1892 presidential conventions, a convention was held at Omaha, and the Populist party was formed (1892).</span>
