George H.W Bush promised that there would be no new taxes, but as the national debt increased, Bush called for new taxes and urged people to reduce spending. This outraged many conservatives and people who had voted for him in hopes of lower taxes. As a result of the soaring tax rates, the economy fell into a recession in 1981. Unemployment rates went up and many businesses went bankrupt. I don’t think Bush handled this well at all. He broke the promise that got him the presidency to millions of hopeful Americans. During his presidency, Bush launched a full-scale air assault and ground invasion against Iraq as part of the Persian Gulf War in retaliation to Iraq's invasion of Kuwait. The United States quickly intervened for a number of reasons. By invading Kuwait, Saddam Hussein gained control over a vast amount of the world's oil supply, which gave him the potential to wreak havoc with U.S. energy policy and oil prices. Since the Persian Gulf
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During his administration, more than 22 million jobs were created in less than eight years. As a direct result of this, unemployment dropped from more than 7 percent in 1993 to just 4 percent in 2000. America went from having the largest budget deficit in American history ($290 billion) in 1992 (when Clinton was elected) to having a budget surplus of $127 billion when he left office in 2001. But it seems that Clinton receives too much credit for this because the economy was already booming when he took office. Although his contribution to the economic status of the nation was questionable, he did other positive things. The crime rate fell every year that Clinton was president and was at a 26-year low by the end of his two terms. He got funding for 100,000 new police officers nationwide. He signed a bill requiring a waiting period and background check to purchase handguns. Clinton's 1994 Crime Bill included a ban on assault weapons, and there was a 40 percent decline in gun crime by
During his administration, more than 22 million jobs were created in less than eight years. As a direct result of this, unemployment dropped from more than 7 percent in 1993 to just 4 percent in 2000. America went from having the largest budget deficit in American history ($290 billion) in 1992 (when Clinton was elected) to having a budget surplus of $127 billion when he left office in 2001. But it seems that Clinton receives too much credit for this because the economy was already booming when he took office. Although his contribution to the economic status of the nation was questionable, he did other positive things. The crime rate fell every year that Clinton was president and was at a 26-year low by the end of his two terms. He got funding for 100,000 new police officers nationwide. He signed a bill requiring a waiting period and background check to purchase handguns. Clinton's 1994 Crime Bill included a ban on assault weapons, and there was a 40 percent decline in gun crime by