George HW Bush

George H.W. Bush (George Herbert Walker Bush)

Contents 1 Positive Activities Of George HW Bush 2 Criticisms 3 References 4 See Also

Positive Activities Of George HW Bush

• Signed into law: Americans with Disabilities Act, the reauthorization of the Clean Air Act, an expansion of tax credits for families with children.
• Migrated the country away from Reagan's "supply side economics" of cutting taxes on the rich and assuming it would "trickle down" to the middle class (which it did not). Bush called Reagan's plan, "Voodoo Economics." Although later Bush backpedaled on this compromise.

Criticisms

• Made the famous promise, "read my lips, no new taxes" but ended up raising taxes multiple times.^[1]
• George H. W. Bush’s Secretary of the Treasury Catalina Villapando was arrested and sentenced to prison for, of all things, tax evasion and obstruction of justice. To this day, Villapando remains the only sitting treasurer to be sent to prison.^[2]

• Presided over a significant recession^[3] in America, as well as the Savings and Loan crisis.^[4]

References

1. . https://en.wikipedia.org/wiki/Read_my_lips:_no_new_taxes
2. . https://en.wikipedia.org/wiki/Catalina_Vasquez_Villalpando#Investigation
3. . https://en.wikipedia.org/wiki/Early_1990s_recession_in_the_United_States
4. . https://en.wikipedia.org/wiki/Savings_and_loan_crisis

See Also

• https://www.newyorker.com/news/news-desk/what-george-h-w-bush-got-wrong

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