George H. W. Bush
- A recession- Bush's infamous campaign promise of "Read my lips: No new taxes!". After the recession broke out, Bush agreed to raise taxes.
His famous line was "read my lips: no new taxes."
He went back on his famous pledge, "Read my lips. No new taxes."
George H. W. Bush.
He famously said "read my lips: no new taxes," and then later raised taxes.
AnswerRead my lips: No new taxes!"
"Read my lips: NO NEW TAXES."
And I'm the one who will not raise taxes. My opponent now says he'll raise them as a last resort, or a third resort. But when a politician talks like that, you know that's one resort he'll be checking into. My opponent, my opponent won't rule out raising taxes. But I will. And the Congress will push me to raise taxes and I'll say no. And they'll push, and I'll say no, and they'll push again, and I'll say, to them, 'Read my lips: no new taxes.'- George H. W. Bush, at the 1988 Republican National ConventionBush's infamous pledge has gone down in history as one of the most disastrous ever campaign promises. It was made assuming that the good economic growth of the late 1980s would continue during his Presidency. Instead, the economy went into a recession in 1990. After initially resisting pressure from the Democratic-controlled Congress, Bush eventually agreed to tax raises.Although the issue was initially swept aside by the Gulf War, it returned to haunt Bush in 1992 when he was challenged in a Primary by Pat Buchanan. After he was nominated, Bush's final opponent was Bill Clinton, who used the broken pledge to suggest Bush was untrustworthy. Clinton won the election.Conservative pundits later voiced the opinion that Bush would have been easily reelected if had kept to his word. On the other hand, the Democrats and Bush's economic advisor Richard Darman believed that Bush's mistake was in making the promise, not the actual raising of taxes.
Former President, George H.W. Bush at the 1988 Republican Convention in response to no new taxes.George H.W.Bush (the first one) said, "read my lips, no new taxes". He used it as a campaign slogan in order to get elected. However, he was forced to create new taxes to pay for the first Gulf War. This resulted in his defeat during his re-election campaign.George H. W. Bush said something like, "Read my lips- no new taxes."
Willie fell down and broke his lips while he was fetching water.
"Famous Quote:"Read My Lips,NO NEW TAXES!""Fun Fact:George H.W Bush Likes Mexican food and eating pretzals."Fooorr Moore, Go On "georgehwbush.com"he loved pretzels