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.
He based his re-election campaign around the slogan, He kept us out of war, but U.S. neutrality was challenged in early 1917 when the German government began unrestricted submarine warfare despite repeated strong warnings, and tried to enlist Mexico as an ally. In April 1917, Wilson asked Congress to declare war.