『"The New World Order": the End of the Cold War, Recession, and the Onset of Clintonian Centrism』のカバーアート

"The New World Order": the End of the Cold War, Recession, and the Onset of Clintonian Centrism

"The New World Order": the End of the Cold War, Recession, and the Onset of Clintonian Centrism

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 Episode 30 covers the back half of the 1980s with the election George Herbert Walker Bush. Bush was ushered in on the wave of Reaganism. He promised not to raise taxes. But, as Pettengill notes, he went back on that promise and raised taxes two years into his term. Simultaneously, communism fell in Eastern Europe. Even still, there were hot spots of trouble across the world. In 1990 Sadam Huessien invaded the oil-rich nation of Kuwait, resulting in the Persian Gulf War. Bush emerged from this affair as a very popular president. But Pettengill points out that along with a cease fire came an economic recession that ultimately cost Bush and the Republicans the White House. The election of Bill Clinton was a referendum on the economy. Clinton won but not with a popular majority. Moreover, the ranks of organized labor labor remained suspicious of Clinton's neo-liberal approach to government. Their suspicions were well-founded as one of the first orders of business was the signing of the North American Free Trade Agreement (NAFTA). The results were deeply troubling for American workers and organized labor.

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