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During the 1992 Presidential campaign

 
 
tintin
 
Reply Sun 25 Apr, 2010 11:50 am
Please look at this English text...,,

During the 1992 Presidential campaign,President George H. W. Bush experienced considerable criticism from economic conservatives who felt betrayed by Bush’s 1990 tax-hike, which he implemented despite his past promises and the objections of economic conservatives who decried tax hikes, insisted that low taxes created wealth, and contended that deregulation promoted innovation

This is quite hard ...in terms of English language modifiers and also political concepts. ..

Here are somethings which is giving pain

what is this 'Bush’s 1990 tax-hike' .....how can he do the tax-hike in 1990 ? . He became president in 1992 .

..insisted that low taxes created wealth.. ...who insisted ? Bush or economic conservatives ? how do you catch this .



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realjohnboy
 
  1  
Reply Sun 25 Apr, 2010 12:12 pm
@tintin,
He was elected in 1988 (inaugurated in Jan 1989). He was running for reelection in 1992 but lost to Bill Clinton.
Some conservative economists argued that lowering taxes on the wealthy would stimulate investment. That would lead to new jobs.
realjohnboy
 
  1  
Reply Sun 25 Apr, 2010 02:48 pm
@realjohnboy,
I would certainly agree that the quote you posted would be indecipherable to many. Reporters should write short sentences.
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tintin
 
  1  
Reply Mon 26 Apr, 2010 12:06 am
Not clear .

we have two wordings here ..'tax hikes' and 'low taxes' ...who introduced low taxes ? Bush introduced only tax hikes ..right ?

This is confusing.
2PacksAday
 
  1  
Reply Mon 26 Apr, 2010 12:54 am
@tintin,
During the 1992 Presidential campaign,President George H. W. Bush experienced considerable criticism from economic conservatives who felt betrayed by Bush’s 1990 tax-hike, which he implemented despite his past promises and the objections of economic conservatives who decried tax hikes, insisted that low taxes created wealth, and contended that deregulation promoted innovation.
-------

In 1990, Bush hiked {raised} taxes, which was against the advice of economic conservatives who insisted that low taxes created wealth.

google....read my lips, no new taxes.

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