By 1984, Reagan was very popular with voters across the nation as the President who saw them out of the economic stagflation of the early and middle 1970's, and into a period of (relative) economic stability. The economic success seen under Reagan was politically accomplished (principally) in two ways. The first was initiation of deep tax cuts for the wealthy, and the second was a wide-spectrum of tax cuts for crude oil production and refinement, namely, with the 1980 Windfall profits tax cuts. These policies were augmented with a call for heightened military spending, the cutting of social welfare programs for the poor, and the increasing of taxes on those making less than $50,000 per year. Collectively called "Reaganomics", these economic policies were established through several pieces of legislation passed between 1980 and 1987. These new tax policies also arguably curbed several existing tax loopholes, preferences, and exceptions. Reaganomics has (along with legislation passed under presidents George H. W. Bush and Bill Clinton) been criticized by many analysts as "setting the stage" for economic troubles in the United State after 2007, such as the Great Recession. Virtually unopposed during the Republican primaries, Reagan ran on a campaign of furthering his economic policies. Reagan vowed to continue his "war on drugs," passing sweeping legislation after the 1984 election in support of mandatory minimum sentences for drug possession. Furthermore, taking a (what was becoming the traditional conservative) stance on the social issues of the day, Reagan strongly opposed legislation regarding comprehension of gay marriage, abortion, and (to a lesser extent) environmentalism, regarding the final as simply being bad for business. Reagan won Indiana by a margin of 24%. While Indiana had long been the most Republican leaning state in the Great Lakes region, the election results in Indiana are also reflective of a nationwide reconsolidation of base for the Republican Party which took place through the 1980s; called by Reagan the "second American Revolution." This was most evident during the 1984 presidential election. It is speculated that Mondale lost support with voters nearly immediately during the campaign, namely during his acceptance speech at the 1984 Democratic National Convention. There he stated that he intended to increase taxes. To quote Mondale, "By the end of my first term, I will reduce the Reagan budget deficit by two thirds. Let's tell the truth. It must be done, it must be done. Mr. Reagan will raise taxes, and so will I. He won't tell you. I just did." Despite this claimed attempt at establishing truthfulness with the electorate, this promise to raise taxes badly eroded his chances in what had already begun as an uphill battle against the charismatic Ronald Reagan.