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George Bush resisted efforts by [[American Israeli Political Action Committee]] (AIPAC) and other organizations to secure American loan guarantees to assist Israel in the construction of new settlements in territories Israel occupied after the 1967 [[Six Day War]]. Bush's larger goal was to undermine the [[conservative]] [[Likud]] government and replace it with a [[leftist]] Labor coalition led by [[Yitzhak Rabin]]. Having secured the election of an Israel government more to its liking, Bush gave his support to a new loan guarantee package.
 
George Bush resisted efforts by [[American Israeli Political Action Committee]] (AIPAC) and other organizations to secure American loan guarantees to assist Israel in the construction of new settlements in territories Israel occupied after the 1967 [[Six Day War]]. Bush's larger goal was to undermine the [[conservative]] [[Likud]] government and replace it with a [[leftist]] Labor coalition led by [[Yitzhak Rabin]]. Having secured the election of an Israel government more to its liking, Bush gave his support to a new loan guarantee package.
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During the 1980s, as President Reagan lead efforts to enable the Soviet Union to collapsed defense spending was increased, which later lead to the end of the Soviet empire as the Soviets could not compete with U.S. military ingenuity. However, in addition to this increase of spending to protect the United States, the Democrat-controlled Congress increased spending on socialist welfare program. And this lead to an economic recession dogged most of Bush's term in office, was a contributing factor to his defeat in the 1992 Presidential election.  
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During the 1980s, as President Reagan lead efforts to enable the Soviet Union to collapsed defense spending was increased, which later lead to the end of the Soviet empire as the Soviets could not compete with U.S. military ingenuity. However, in addition to this increase of spending to protect the United States, the Democrat-controlled Congress increased spending on social welfare programs. The resulting increase in the federal deficit helped lead to an economic recession which dogged most of Bush's term in office and was a contributing factor to his defeat in the 1992 Presidential election.  
    
Several other factors were key in his defeat, including siding with Congressional Democrats in 1990 to raise taxes despite his famous "Read my lips: No new taxes" pledge not to institute any new taxes. In doing so, Bush alienated many members of his conservative and libertarian base, losing their support for his re-election. The largest factor, which is the main reason Bill Clinton defeated Bush in the 1992 election, was the candidacy of Ross Perot. Perot won 19% of the popular vote, and Clinton, still a largely unknown quantity in American politics, was able to win the election due to Perot splitting the Republican vote in many states.  
 
Several other factors were key in his defeat, including siding with Congressional Democrats in 1990 to raise taxes despite his famous "Read my lips: No new taxes" pledge not to institute any new taxes. In doing so, Bush alienated many members of his conservative and libertarian base, losing their support for his re-election. The largest factor, which is the main reason Bill Clinton defeated Bush in the 1992 election, was the candidacy of Ross Perot. Perot won 19% of the popular vote, and Clinton, still a largely unknown quantity in American politics, was able to win the election due to Perot splitting the Republican vote in many states.  
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