Inspiration

Our inspiration came from the recession of the economy. With an economic crisis upon us people have less disposable income but no one like to sacrifice fashion for the sake of the economy, so we found a way around this problem. Offering Butler Bag’s same ideas and concept but at a lower price point. This way people are able to afford such a bag even under these pressing times. We thought this would be great way to hook the consumer. When economic times begin to rise again the consumer will be hooked on the Butler Bag product but be able to afford the real deal.
We were also inspired by the pictures that we took from around our different living environments.

Economics in 1990

• The year 1990 had two sides when looking at the economy.
• The stock market can help predict the economies future. So, from the chart below, it is divided in half. One half of the year in 1990 expanded, where as the other portion began the recession.

• The decline of jobs in America only came months into the recession.
• In addition when Americans sense the economy is weakening they start to decline the purchase of new homes. This became apparent 8-12 months prior to the recession.

The recession of the end of 1990 lead into the year of 1991. Although it was a minor slump in the economy for Americans, some of it can be overlooked due to the expanding stock market. The economy has key indicators to look into when spotting the next recession. Some key attributes that lead to the 1990 recession can be also seen for the recession in 2008.

(Source: Recession Predictions: A Mug's Game?)

1990 U.S. Politics

1990 U.S. Political Overview

· On June 26, President Bush reverses his campaign pledge "Read My Lips, No New Taxes" by agreeing to raise taxes in order to lower the federal deficit.
· On July 26, President Bush signs the landmark Americans With Disabilities Act.
· On August 7, following Iraq's invasion of Kuwait on August 2, President Bush orders the deployment of American troops to the Middle East.
· On August 22, President Bush calls up United States military reserves.
· On November 8, President Bush orders further military deployments to give "offensive options" to American forces in the Middle East.
· On November 20, a suit is filed by forty-five liberal Democratic legislators demanding that President Bush seek Congressional approval for military operations, but the suit is thrown out of court.

Major Initiatives

Bush signed a number of major laws in his presidency, including the Americans with Disabilities Act of 1990; this was one of the most pro-civil rights bills in decades. He worked to increase federal spending for education, childcare, and advanced technology research. In dealing with the environment, Bush reauthorized the Clean Air Act, requiring cleaner burning fuels. He quarreled with Congress over an eventually-signed bill to aid police in capturing criminals, and signed into law a measure to improve the nation's highway system.


George H. W. Bush's Approval Rating


Citation: http://www.enotes.com/1990-government-politics-american-decades/important-events-government-politics