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George HW Bush
George H.W. Bush (George Herbert Walker Bush)
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.
- Made the famous promise, "read my lips, no new taxes" but ended up raising taxes multiple times.
- 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.
Other unusual actions
- In 1991, Louisiana had a runoff election between David Duke (R) and Edwin Edwards (D) ("Wizard" vs "Lizard"). Bush threw his hands in the air and endorsed Edwards, unusually for a Republican president, Bush pretty much came out in favor of a Democratic candidate against a Republican. Edwin Edwards would shortly be investigated by the FBI and convicted and sent to prison.
- . https://en.wikipedia.org/wiki/Read_my_lips:_no_new_taxes
- . https://en.wikipedia.org/wiki/Catalina_Vasquez_Villalpando#Investigation
- . https://en.wikipedia.org/wiki/Early_1990s_recession_in_the_United_States
- . https://en.wikipedia.org/wiki/Savings_and_loan_crisis
- . https://www.nytimes.com/1991/11/07/us/the-1991-election-louisiana-bush-denounces-duke-as-racist-and-charlatan.html
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