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/* Presidency */ lk
Bush's government, along with the Progressive-Conservative Canadian Prime Minister Brian Mulroney, spearheaded the negotiations of the [[North American Free Trade Agreement]] (NAFTA), which Bill Clinton signed in 1993.
George Bush resisted efforts by [[American Israeli Political Action Committee ]] (AIPAC) and other organizations to secure American loan guarantees to assist Israel in the construction of new settlements in territories Israel occupied after the 1967 [[Six Day War]]. Bush's larger goal was to undermine the [[conservative]] [[Likud]] government and replace it with a [[leftist]] Labor coalition led by [[Yitzhak Rabin]]. Having secured the election of an Israel government more to its liking, Bush gave his support to a new loan guarantee package.
During the 1980s, as President Reagan lead efforts to enable the Soviet Union to collapsed defense spending was increased, which later lead to the end of the Soviet empire as the Soviets could not compete with U.S. military ingenuity. However, in addition to this increase of spending to protect the United States, the Democrat-controlled Congress increased spending on socialist welfare program. And this lead to an economic recession dogged most of Bush's term in office, was a contributing factor to his defeat in the 1992 Presidential election.
