90 likes | 208 Vues
The period from 1989 to 2009 marked significant domestic turmoil in the United States, notably during George H.W. Bush's presidency when the country entered a deep recession post-Gulf War. Military spending dwindled as the Cold War ended, causing layoffs and economic challenges. The wealth gap widened as "trickle-down" economics favored the affluent. Bill Clinton's election brought attempts at healthcare reform, but scandal marred his presidency, leading to historic impeachment. Bush's administration faced crises like September 11 and economic downturns, ultimately paving the way for Barack Obama's groundbreaking presidency.
E N D
Bush(41) Era • US went into deep recession after the Gulf War. • By 1989 Defense Spending is 1/3 of Budget.
Arms Slow Down • By the early 1990’s the Cold War was over and the need to battle the “evil” Russian would not be a national priority. • During the Cold War defense industries became the largest industries in America. • After CW theses industries laid off workers, this led to a national recession
Wealth Gap • “Trickle Down” economics of the 1980’s made the rich richer and the poor poorer. • Corporate mergers • Junk Bonds • Saving and Loan Scandal • Outsourcing of Jobs • The business tactics of the era made a lifestyle out of money making( Yuppies)
1992 Election • William Jefferson Clinton was Governor of Arkansas. • Related to the MTV generation. • Also in the race: Billionaire Ross Perot, created his own party( Reform). • Bush was out of place and distant • Clinton wins election but does not win with majority. Al Gore Vice President
Clinton Presidency • 1st Term: 1993- 1997 • Attempted healthcare reform • Health and Family Leave Act 1993 • Do Ask Don’t tell • Travelgate • Whitewater • Somalia 1993 • Bosnia 1995 Second Term 1997-2001 Lewinsky Scandal Impeachment
Election of 2000 • Al Gore V. P ( Clinton) vs. George W. Bush • One of the Closest elections in history. • Bush wins the electoral college 271 266 • Florida • Gore won the popular vote
Bush (43) • George W. Bush (Texas) • 2001-2009 • Support of the religious right • 1st Term • September 11, 2001 • No Child Left Behind • Iraq War ( Persian Gulf II) • Afghanistan • Department of Homeland Security • Patriot Act • 2nd Term • Economic recession • Hurricane Katina • Mortgage meltdown
Obama • Barack Hussein Obama • Defeated John McCain (Sen. Arizona) • 2009- Current • 1st Black President • St Northern Democrat elected since JFK. • Yes we Can! • Won Noble Peace Prize • Health Care • Financial Reform