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The 1990s economic boom in the United States was a major economic expansion that lasted between 1993 and 2001, coinciding with the economic policies of the Clinton administration. It began following the early 1990s recession during the presidency of George H.W. Bush and ended following the infamous dot-com crash in 2000.
July 1990 marked the end of what was at the time the longest peacetime economic expansion in U.S. history. [2] [5] Prior to the onset of the early 1990s recession, the nation enjoyed robust job growth and a declining unemployment rate. The Labor Department estimates that as a result of the recession, the economy shed 1.623 million jobs or 1.3% ...
Take a stroll down memory lane with this collection of nearly 180 rare photos that depict life in Rochester during the 1990s. These evocative images provide a unique glimpse into the daily ...
United States Secretary of Defense Dick Cheney fires Gen. Michael Dugan, Chief of Staff of the United States Air Force, for publicly discussing plans to bomb Iraq. In what will come to be regarded as a landmark event in regards to women in journalism, reporter Lisa Olson is sexually harassed by multiple New England Patriots players while trying ...
Canada's economy is considered to have been in recession for two full years in the early 1990s, specifically from April 1990 to April 1992. [7] [8] [a] Canada's recession began about four months before that of the US, and was deeper, likely because of higher inflationary pressures in Canada, which prompted the Bank of Canada to raise interest rates to levels 5 to 6 percentage points higher ...
The 1990s (often referred and shortened to as "the '90s" or "nineties") was the decade that began on 1 January 1990, and ended on 31 December 1999. Known as the "post-Cold War decade", the 1990s were culturally imagined as the period from the Revolutions of 1989 until the September 11 attacks in 2001. [1]
February 1 – President Bush announces the transmitting of the Savings and Economic Growth Act of 1990 to Congress during a morning appearance in the Roosevelt Room. . President Bush says the legislation is "an important initiative" that he had outlined during the most recent State of the Union address and has the three central components of a "family savings account, capital gains tax rate ...
1998 — In the 1998 United States elections, the Republicans hold both the House and the Senate. 1998-1999 — Clinton-Lewinsky scandal: President Clinton is accused of having a sexual relationship with 22-year-old White House intern Monica Lewinsky. This leads to the impeachment of Clinton later in the year by the U.S. House of Representatives.