He had to raise taxes due to the high deficits caused by “spend and borrow” policies of Reagan (RR’s biggest mistake along with Sandra Day O’Connor). GHWB should have kept his mouth shut about the tax issue. The NWO speech still creeps me out to this day.
Reagan's "spend and borrow" policies bought us a peaceful end to the Cold War. It was the transition from Cold War to peacetime that resulted in a quick but fierce recession. The economy was already recovering when Bush was voted out, and Clinton got all the credit.
Sandra Day O'Conner? Really? I'm trying real hard to think of the negative impact she made on my life.
Maybe you, pretending to know, can enlighten me.