Recession in the United States: In the year 1990, the country suffered a post war recession for a period of eight months.It consists of jobless recovery and led to the re-election defeat of George Bush.In order to end the recession in the early 1990s, President Clinton decreased government spending.Instead of spending money for government purposes, he used the money for the welfare of the people.He increased the funds for education and lowered the spending for defense and used protectionist tariff.The country was made enterprise-friendly.
