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Victor Davis Hanson: Pseudo-recessions
As the 1992 campaign approached, incumbent president George H.W. Bush was seen as a shoo-in for reelection. The First Gulf War ended in 1991 with a spectacular U.S. victory at the head of a coalition ...
For much of 1991, Bush's approval ratings hovered between 90 and 70 percent. By February 1992, an obscure Arkansas governor, Bill Clinton, emerged as the favorite Democratic nominee. But he was ...
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