Nixon, the 37th United Statespresident, succeeded Lyndon B. Johnson, who had launched the Great Society, a set of domestic programs financed and run by thefederal government. ... Beginning in 1973, Nixon was forced to devote increasing attention to the Watergate scandal that enveloped his administration.
It is inductive reasoning: generalizing from a small sample to a bigger population. Deductive reasoning would be, if the sentences were in the other order. It's also not faulty, as it's not contradictory.