1. The Bush and Clinton Years

2. George I: 1988-1992 Elected in 1988 Former Director of CIA
Former VP to Reagan
Won Election because of association with Reagan

3. International Events During Presidency
Fall of the Berlin Wall
End of the Cold War
Collapse of USSR
Persian Gulf War

4. Gorbachev in the Soviet Union
Glasnost: more openness
Perestroika: restructuring of economy
Dissolved Communist Party
Why? Because Soviet Economy was on brink of collapse due to too much military spending

5. Operation Desert Storm
Saddam Hussein – leader of Iraq
Invades Kuwait in August 1990
Kuwait is major U.S. oil supplier
Feared he was heading to Saudi Arabia – world’s number 1 oil supplier
War lasts 6 weeks
Results:
U.S. coalition won
Kuwait freed from Iraqi control
Hussein allowed to stay in power in Iraq

6. 1992 Election Republican: George Bush Democrat: Bill Clinton
Why did Bush lose?
Economy in recession
Broke promise not to raise taxes
Republican party split with 3rd party candidate – Ross Perot