A gentleman's word: Never increase taxes.

Author: (American) Ostrold
Publisher:
Publish Date: 2005-11-25
Features: George H. Bush made a solemn promise to voters in the 1989 presidential election not to raise taxes, but shortly after taking office as president, he found the national fiscal deficit to be enormous, like a black hole, devouring the country's economic lifeline and hiding a potentially severe economic crisis. At this critical moment of national economic prosperity or decline, George H. Bush proposed a package of reform plans known as the "1990 Budget Policy," the key content of which was to increase taxes. This led to strong opposition from the conservative wing of his Republican Party and the Democratic Party that controlled Congress. Bush was attacked and ridiculed for "breaking his promise to the voters," and opposition figures rose to prominence, with some even becoming Time magazine's Person of the Year. Now, thanks to the economic recovery brought about by the 1990 budget agreement, Bush proved through his actions that a president must first serve the nation to better serve his party. This book starts with the basic knowledge of the U.S. presidential system, introducing the sources of presidential power, the characteristics of great presidents, and the achievements of several great presidents in U.S. history. Through historical analysis, it proves that George H. Bush is one of the great presidents of the United States.