Answer:
Option B is the answer.
Explanation:
George Bush served as the President of the U.S. from 1989 to 1993. He ran for a second tenure in 1992 but he lost to Bill Clinton, who served as the president from 1993 to 2001. There were two big events in particular related to economy: first one, the recession brought by the collapse of savings and loan industry, and the increase of taxes, something he had promised he wouldn't do in 1988.