The nationâs economy grew just 1.2 percent in the second quarter of the year, and 0.8 percent in the first three months of the year. Don't forget the national debt. It hit $19.5 trillion for the first time ever during the week just ending, a little more than seven months after it hit the $19 trillion mark.
U.S. proclaims neutrality in World War I, August 4, 1914. On this day in 1914, as World War I erupted across Europe, President Woodrow Wilson declared that the United States would remain âimpartial in thought as well as in action.â At the time, a vast majority of Americans approved of Wilsonâs policy of strict U.S. neutrality.
History World War I. Although World War I began in 1914, the United States did not join the war until 1917. The impact of the United States joining the war was significant. The additional firepower, resources, and soldiers of the U.S. helped to tip the balance of the war in favor of the Allies.Remaining Neutral.hen war broke out in 1914, the United States had a policy of neutrality. Many people in the U.S. saw the war as a dispute between old world powers that had nothing to do with them.