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.
Isolationists thought that the US should avoid any foreign alliances. The traditional policy of the US since independence was not to get involved in foreign affairs (ie.European affairs). There was a very strong feeling in the US that American participation in World War I had been a mistake.he traditional policy of the US since independence was not to get involved in foreign affairs (ie. European affairs). There was a very strong feeling in the US that American participation in World War I had been a mistake.