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H.W. Bush to Obama Presidencies. May 27-28, 2014 Note Packet N. H.W. Bush Domestic Issues. Economics Broke tax cut promise, 1992 economic recession Savings & Loan Scandal Misuse of savings & loan funds American taxpayers paid hundreds of billions to bail out savings & loan industry
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H.W. Bush to Obama Presidencies May 27-28, 2014 Note Packet N
H.W. Bush Domestic Issues • Economics • Broke tax cut promise, 1992 economic recession • Savings & Loan Scandal • Misuse of savings & loan funds • American taxpayers paid hundreds of billions to bail out savings & loan industry • Supreme Court appointments
H.W. Bush Foreign Issues • End of the Cold War • Berlin Wall torn down • Communists gov’ts in E Europe crumble • Germany reunited • Dissolution of Soviet Union • Invasion of Panama • War on drugs
H.W. Bush Foreign Issues • Persian Gulf War • Iraqi leader Saddam Hussein invaded oil rich Kuwait • Threat to US interests • US response: troops sent, economic sanctions on Iraq
H.W. Bush Foreign Issues • Operation Desert Storm • Air assault on Iraqby US & UN (similar to Korean War) • Kuwait liberated from Iraq
H.W. Bush Foreign Issues • Bosnia & The Balkans • Slovenia & Croatia declared independence from Yugoslavia fighting breaks out • Refugee crisis • Slobodan Milosevic (Bosnian Serbs) & ethnic cleansing (genocide)
H.W. Bush Foreign Issues • 1992 Election • Bush (P) & Quayle (VP) v. Clinton (P) & Gore (VP) v. Perot • Perot & third independent parties • Blame for taking votes from majority parties
Clinton’s Domestic Policy • Health Care Reform • Ensure insurance for all Americans • Too costly, limit choices • Still an issue today • Social Security • Number of recipients increasing rapidly (living longer)
Clinton’s Domestic Policy • Impeachment Scandal • Whitewater affair • Illegal real estate scheme • Never formally charged • Monica Lewinski affair • Lied, charged w/ perjury & obstruction of justice • Acquitted • Remained popular (unlike Andrew Johnson, other president w/ impeachment charges) • Economic prosperity • Longest period of economic growth in history
Clinton’s Foreign Policy • The Arab-Israel Conflict • Camp David Summit to mediate, unsuccessful • The Former Yugoslavia • Violence between Serbs & Albanians • Latin America • Attempt to restore legitimate gov’t in Haiti
Clinton’s Foreign Policy • Global Economics • NAFTA (North American Free Trade Agreement) • Break down trade barriers among US, Canada & Mexico • EU (European Union) • European parallel of NAFTA • GATT (General Agreement on Trade & Tariffs) • Encourage international trade
End of Clinton Administration • 2000 Election • George W Bush v. Al Gore • FL as key state (swing state) • Electoral votes decided winner • So close recounted ordered • Supreme Court intervened • Discontinued recounts • 1st time in history • Gore won popular, Bush won electoral
George W Bush’s Domestic Policy • Possible recession • Raised minimum wage • Lower interest rates • No Child Left Behind • Major education reform • Funds to improve schools • Increase teacher & student accountability • Proved ineffective
George W Bush’s Domestic Policy • Immigration • More serious after 9/11 • Social Security & Medicare • Affected by increased elderly population • Lower birth rates, less employed • 2004 Election • 2nd term win against John Kerry • Condoleeza Rice 1st black Sec. of State
George W Bush’s Foreign Policy • 9/11 • WTC attacked • Taliban, al Qaeda, Osama bin Laden • Middle East • Israelis & Palestinians • Yasir Arafat (Nobel peace prize, gained permanent homeland for Palestinians)
George W Bush’s Foreign Policy • War in Iraq • Saddam Hussein & WMD(weapons of mass destruction) • WMD as justification • UN support (Korean War, Vietnam War) • Operation Iraqi Freedom • Human lives lost, financial costs, failure to find WMD • Criticisms of Bush • Bush’s “surge” increased military involvement • Congress attempts to limit • Similar to Vietnam
George W Bush’s Foreign Policy • Afghanistan • Citizens under Soviet & Taliban occupation • Refugee crisis • US involvement crucial to interests & goals in Asia • North Korea • Improved relations • Aid in exchange for disarmament
2008 Election • Historic “1sts” • Hilary Clinton – female democratic candidate • Barack Obama – black democratic candidate
Obama’s Domestic Policy • The economy • Faced w/ worst economic crisis since the Great Depression • Failure of major banks • “bail out” founds • Health Care • 2010 health care reform bill “Obama Care” • Health care for all • Companies cannot deny health care • Ongoing social security issue
Obama’s Foreign Policy • War in Iraq & Afghanistan • Decrease in troops in Iraq, increase in Afghanistan • Brought down Osama bin Laden • The Middle East • Uprisings against dictatorial govt’s • 2010 Congressional Elections • Republicans take House of Reps while Democrats control Senate • Third Party – “The Tea Party”
Exit Quiz • What kind of reform is “no child left behind”? • What does WMD stand for? • What 2 wars is the War in Iraq compared to? • Name the 2 democratic candidates for the 2008 election • Name the 3rd party in Congress after 2010