The presidency of George H. W. Bush began at noon EST on January 20, 1989, when George H. W. Bush was inaugurated as the 41st President of the United States, and ended on January 20, 1993. Bush, a Republican, took office after a landslide victory over Democrat Michael Dukakis in the 1988 presidential election. Following his defeat, he was succeeded by Democrat Bill Clinton, who won the 1992 presidential election. I come before you and assume the Presidency at a moment rich with promise. We live in a peaceful, prosperous time, but we can make it better. For a new breeze is blowing, and a world refreshed by freedom seems reborn; for in man's heart, if not in fact, the day of the dictator is over. The totalitarian era is passing, its old ideas blown away like leaves from an ancient, lifeless tree. A new breeze is blowing, and a nation refreshed by freedom stands ready to push on. There is new ground to be broken, and new action to be taken.