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George H. W. Bush (view source)
Revision as of 03:23, September 29, 2008
, 03:23, September 29, 2008→1992 Presidential Campaign
== 1992 Presidential Campaign ==
== 1992 Presidential Campaign ==
''Main Article: [[United States presidential election, 1992]]''
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.
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.