Kind of like, "Read my lips. no new taxes." Boy we all fell for that one.
“Read my lips. no new taxes.” Boy we all fell for that one.”
There was more to that shibboleth than that simple statement. As I recall, there was a great grumbling about the high deficit at that time. Bush the Elder had an agreement (he thought) with the Dem Congress that for every dollar raised in new taxes, the deficit would be reduced by that one dollar. True to their character, the Dems not only refused to use those tax dollars to reduce the deficit, they actually spent something like $1.84 for every new dollar in taxes.
So, yeah. Bush never should have raised taxes, but it wasn’t quite as simple as some people think. He made a bargain(that he shouldn’t have made) and was then betrayed by the Dems.