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Possibly the best decade for action movies, maybe along with the early 90's.
Favorites:
The Rambo movies.
Commando.
Predator.
The Terminator.
Bloodsport.
Conan the Barbarian.
Death Wish 2-4.
Lethal Weapon 1 and 2.
Kinjite: Forbidden Subjects.
Revenge of the Ninja.
The Running Man.
Red Heat.
MANY more...