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.
When World War One was going on, the US president was Woodrow Wilson, who wanted the US to stay neutral. Wilson tried everything possible for 2 years to prevent the US from entering the war. Even when the German U-boat sunk the liner, Lusitania, and caused the death of 124 Americans, the US stayed out of the war.