This timeline of modern American conservatism lists important events, developments and occurrences which have significantly affected conservatism in the United States. With the decline of the conservative wing of the Democratic Party after 1960, the movement is most closely associated with the Republican Party (GOP). Economic conservatives favor less government regulation, lower taxes and weaker labor unions while social conservatives focus on moral issues and neoconservatives focus on democracy worldwide. Conservatives generally distrust the United Nations and Europe and apart from the libertarian wing favor a strong military and give enthusiastic support to Israel.