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George W. Bush
Transcript of George W. Bush
Beschloss, Michael, and Hugh Sidey. "George W. Bush." The White House. White House Historical Association, 2009. Web. 18 Feb. 2013.
Erickson, Erick. "The Facts About the Bush Tax Cuts." Political News. N.p., 27 July 2010. Web. 12 Mar. 2013.
Foster, J. D. "Two Huge Flaws in the Legend of the Clinton Economy." The Foundry Conservative Policy News Blog from The Heritage Foundation. N.p., 7 Sept. 2012. Web. 11 Mar. 2013.
Geraghty, Jim. "The National Debt Was Growing, Even Before George W. Bush - By Jim Geraghty - The Campaign Spot - National Review Online." NRO. National Review Online, n.d. Web. 11 Mar. 2013.
"George W. Bush." History.com. A&E Television Networks, 1996. Web. 11 Mar. 2013.
"George W. Bush Biography." Bio.com. A&E Networks Television, 1998. Web. 18 Feb. 2013.
"Miller Center." American President: Biography of George W. Bush. N.p., n.d. Web. 11 Mar. 2013. “At this second gathering, our duties are defined not by the words I use, but by the history we have seen together. For half a century, America defended our own freedom by standing watch on distant borders. After the shipwreck of communism came years of relative quiet- and then there came a day of fire. There is only one force of history that can break the reign of hatred and resentment, and expose the pretensions of tyrants, and reward the hopes of the decent and tolerant, and that is the force of human freedom – tested but not weary… we are ready for the greatest achievements in the history of freedom.”
- President George W. Bush (George W. Bush Biography) Bill Clinton was President before George W. Bush. In 1993, he had a growing economy. He raised taxes, then job growth and wages fell. The Republican Congress in 1997 cut taxes and the economy grew. Clinton got the credit. But he really left Bush with an economy that was headed for recession. Public debt was at a surplus because of the Clinton tax increases. (J. D. Foster) George Bush felt that this money belonged to the people and should be returned to them. When Clinton left office, the U.S. owed $1 trillion more than when he took office. Debt in January 1993 when Clinton took office was $4.1 trillion. When he left office the debt was $5.7 trillion. (Jim Geraghty) In 2000, the Senate was split into 50 Republican seats and 50 Democrat seats. The public was equally split. Gore won the popular vote by 543,895 votes. Florida was the state that had the recount problem. The Supreme Court settled the election. They ruled that Bush won the electoral vote 271 to 266. This election caused may people in the country to be upset. Bush's compassionate conservatism could now begin. He stressed excellence in education, tax relief, and volunteerism in faith-based organizations. (Michael Beschloss and Hugh Sidey) When Bush took office it was a time of peace and prosperity. In the first six months he had accomplished most of his campaign promises. He reduced taxes and increased federal funding for education. He made school districts accountable for better education for kids. He established a program "No Child Left Behind." But the terrorist attacks of 2001 changed his attention to war on terrorism. This occupied both of his terms as President. (Miller Center) President Bush faced a very big challenge in his first year in office. In the morning, on September 11, 2001, there was the terrorist attack on our nation. Terrorist airplanes attacked the World Trade Center in New York where 3000 people died. Hijacked airlines also attacked the Pentagon in Arlington, VA. From that point on he was a President of wartime and took the steps in defending our country. In November 2001, he declared "War on Terror" and the U.S. attacked Kabul, Afghanistan. The goal was to break up the Taliban and get Osama bin Laden, who planned the attack of 9/11/2001. They were successful in breaking up the Taliban, but Osama bin Laden escaped. This was the most memorable challenge George Bush faced. In response the the terrorist attacks, Bush established the Department of Homeland Security. (George W. Bush History) All people of the United States were outraged by the attacks. The public approved of the way President Bush handled the situation. I feel that he handled the situation properly. Bush issued the "Bush Tax-cuts" The top tax rates went from 39.6% down to 35%. This was the largest tax-cut in history. The cuts were $1.35 trillion. They were to expire in 2010, but Congress extended them for two more years. (George W. Bush Biography) I agree that the money belonged to the people and should have been returned to them.
In 2003, Bush signed a law expanding Medicare to include prescription drug coverage for seniors. (Michael Beschloss and Hugh Sidey) Many seniors thought that they had enough money for retirement but high cost were eating up their funds. I feel he did the right thing because the seniors had no control over the rising cost.
Two months after Bush took office a recession surfaced in March 2001. Because of the recession the country lost 1.761 million jobs in 2001. (J. D. Foster) The recession had actually started before he took office when the Dot-com bubble broke in 2000. Because of war and domestic expenses the national debt went from 5.7 trillion in 2000 to 10.6 trillion in 2008. (Jim Geraghty) Bush responded to this in 2001 with the Economic Growth and Recovery Tax Act, which was a stimulus plan. "It cut tax rates, increased the child tax credit, increased the standard deduction for married couples." (Erick Erickson) It worked. The recession ended in November of 2001. I approved of the way he handled the situation. In the spring of 2003, our government suspected that Iraq had Weapon of Mass Destruction (WMD). They denied it and the United Nations could not find any. Bush also wanted to overthrow leader Sadaam Hussein, who supported terrorist. We invaded Iraq in December 2003. We captured Hussein, but no WMDs were found. (George W. Bush History) By July, more than a 1,000 Soldiers and Marines had died. World opinion was negative toward the United States. (Miller Center) In Bush's 2005 State of the Union address, he pledged to help the Iraqi people establish a Democratic government. (Michael Beschloss and Hugh Sidey) I feel that it was a good plan and they accomplished what they wanted too. However, it drug on for too many years and too many soldiers were killed. President George W. Bush held two consecutive terms as President. During his first term he had public approval. During the second term his popularity fell. (George W. Bush Biography) Many things happened during his Presidency that he had no control over. The Dot-com bubble bust in 2000 and a recession followed from March 2001 to November 2001. (Jim Geraghty)(J.D. Foster) The terrorist attacked the United States on 9/11/2001. (Gorge W. Bush History) Hurricane Katrina hit the Gulf Coast States of Mississippi, Alabama and Louisiana causing mass destruction. In 2008 the worst recession since the Great Depression occurred. (George W. Bush History) The price of oil and unemployment rose to an all time high. Home foreclosures rose in 2008 and banks, brokerage firms and two federal agencies were about to collapse. (George W. Bush Biography) Despite these problems, Bush did accomplish many things. He promised tax cuts and did give the people the biggest tax rebate ever. (George W. Bush Biography) Due to inflation, senior citizens were seeing their medical costs sky-rocket. President Bush changed Social Security and Medicare to include the coverage of prescription drugs. (Michael Beschloss and Hugh Sidey) Bush promised more funds for Education and passed the “No Child Left Behind Act.” The object was to make school districts and teachers responsible for giving kids the necessary education it takes to succeed today. (Miller Center) After 9/11/2001 Bush created the Department of Homeland Security to deal with issues like terrorist attacks and Hurricane Katrina. He attacked Kabul, Afghanistan to crush the Taliban and capture Osama bin Laden, who planned the terrorist attacks on the U.S. Osama escaped, but Bush was successful with the Taliban. In 2003, Bush felt Iraq had Weapons of Mass Destruction (WMD) and attacked Iraq. Bush had a goal of Democracy for Iraq. (Michael Beschloss and Hugh Sidey) Bush and advisers bailed out the banks, brokerage firms and two federal agencies to prevent a collapse of our economy. (George W. Bush Biography) I feel he did a great job as President. He handled most problems successfully. I would only criticize that the war in Iraq lasted for too many years. We should have pulled out many years earlier. It cost too much money and too many lives. Over all, President Bush tried to make the world a better place for people to live. I learned how important Presidential decisions are to each citizen. Examples would be the response to Hurricane Katrina and also the decision to go to war.
Education is very important to provide leaders of a Great Nation. We need programs to support better education.
The economy can affect us in our everyday lives. It seems when they increase taxes, the economy gets worse and people lose jobs. When they lower taxes, people have more money to spend and things improve. I feel I need to get a good education and be informed about politics. Who we vote for determines how our country is run. Each President has goals they want to accomplish. From reading the history of Bush, I have learned that a lot goes on in a Presidents time in office. The decisions they make will affect my life and I need to be sure to be well informed on these decisions. If I don't have some education in politics then when it comes to voting on a President I won't really understand what they are wanting to do. I learned this through my government class. I feel we need a strong military to protect our country. We do not need to be at war all the time. I am opposed to that unless it is a situation like 9/11/2001. But we should not cut back on our military spending. It takes too long to get ready for war if we are attacked. I have formed opinions because of the War in Afghanistan. I have learned this through the 9/11 terrorist attacks and the fact that I know people who are over there. Taxes are a huge part of our economy. We need to pay taxes to the government to keep our country running. However, I feel there is too much money wasted. I oppose the huge sums of money that they send to foreign countries. We have plenty of people in the U.S. that could use the money. I learned this by experiencing and seeing how the economy has gone up and down that past few years. Also, with Obama wanting to raise taxes again. I am concerned about that. Bush was re-elected by a narrow margin to a second term as he had the experience to continue to lead us during the Iraq War. He continued his "War on Terror." Troops were sent to Afghanistan. He had the support of other nations as well as the American people in the growing concern about the Taliban in Afghanistan. He compared the Islamic extremist of the Middle East to Nazi Fascism in WWII. (George W. Bush History)
In August of 2005, Hurricane Katrina hit the Gulf Coast States of Alabama, Mississippi, and Louisiana. 1800 deaths occurred and damage costs were in the "billions of dollars"and millions were homeless. Bush was criticized for acting too slowly. He finally signed 6 acts that gave Federal aid to the area. (George W. Bush History) During his second term, his popularity fell as people became discouraged with the cost of the Iraq War and the American lives that were being lost. There were no WMD's found, so it seemed we were fighting a useless war. (George W. Bush History) The cost of fighting two wars plus the Bush tax cuts left the economy shaky. (Miller Center) Unemployment went from 4.2 in January 2001 to 6.3 in June 2003. The highest rate for Bush was 7.8% while the lowest for Obama was 8.1%. (Myra Adams) In December 2007 the U.S. entered the longest recession since the Great Depression after WWII. In 2008, Congress agreed to bail out many Financial institutions with billions of tax dollars. Many ranked his Presidency "among the worst." (George W. Bush History)