Bill Clinton and Ronald Reagan were both great presidents of their time and highly
popular for their contributions to the United States. Reagan took over office during the
1980’s and played a major role in developing economy. The U.S. was still recovering from
the previous decade of high unemployment rates and hyperinflation. Towards the end of his
presidency, he was able to strengthen the economy and create a change. Clinton took over
office during the 1990’s. Clinton broke many records during his presidency term. It was
during his reign when the U.S. paid billions of dollars worth of debt and the unemployment
rates were the lowest in 30 years. What were the economic policies of these two presidents?
What were the results of these
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This act only benefited 1.2% of the people while
98.8% didn’t benefit. Many people believe why Clinton was successful due to the long-term
effects of the “trickle-down theory.”
Its possible to say both played a major role in Clintons major success in recovering
America economically, Reagan on the other hand didn’t receive much attention for the his
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“trickle-down” economic plan. If it had worked in theory it would have brought many jobs in
and explain how Clinton was so successful in the employment rates. Both presidents had ran
America in different ways. Reagan used conservative polices while Clinton mainly focused
on balancing the budget, lowering unemployment rate and inflation. Its safe to say Reagan’s
plan helped America in the long run while Clinton focused on short-term effects. According
to conservative Bruce Bartlett a former member of the Reagan administrations, he criticized
Clinton for not using the budget surplus to restructure the United States’ social
security program. Bartlett claims, “By restructuring Social Security, Clinton would have
helped the nation as well as his party.” Clinton had the ability to do way more than what he
had
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You might still be asking yourself, which president
did a better job. According to the facts its safe to say that president Reagan did a better job at
his presidency, this is my opinion his long-term effect had helped the generations to come,
Clinton on the other hand was brought in presidency during a surplus and he didn’t manage
to achieve all his goals. They both managed to mess up the medium wealth people but
Clinton took it to the next level, by reducing taxes to such a point for high wealth people
most money from the trickle down strategy would not go to the government but straight to
the entrepreneur. Many used the quote “we are still waiting on those trillion to trickle
President Ronald Reagan increased military spending, stated tax cuts and created payouts to justify deregulation, all this created a huge national debt for the American population. President George H.W. Bush had inherited a host of problems from the Reagan Administration. The national debt that was created due to the Reagan administration did not leave President H.W. Bush with any benefit for the years as president of the United States. S&L (Savings and Loans) programs had stolen from the American people, the companies had used investment techniques to invest money that the American people had issued to an S&L program. These investments would sometimes turn out to be good for the companies and sometimes it would turn out to be a bad investment.
Most people might say that President Bush and President Reagan are like comparing vinegar and water they are complete opposite good leaders but yet they were not historical figures. Bush said I’ve abandoned free-market principles to save free market system. Those words would never have been said by Regan, as Bush did a massive spending spree in his last weeks of presidency. Bush claims to be the conservative that Reagan was, early on in his career he challenged the GOP, which Regan won in 1980, Bush and other republican challengers thought his conservatism would be rejected by the voters. It is known that Regan’s record in all aspects is inferior to Bush by advancing conservative principles.
He did this to reduce the money spent so that we would be able to benefit from it. Reagan did make a lot of changes that really helped the people better their money problems.
This cultural and political shift during the Regan era moved toward constraining certain freedoms (4) a period of conservatism and neo-liberalism framed to push an agenda that fostered respect for the government authority and its administration. The neoliberal policy also emphasized personal responsibility and a backlash to the Civil Rights Movement. Thus, Reagan's election was a shift in political attitudes (similar to those of 2017 current President Donald J. Trump) attitude that reflects how people in the 80’s was looking for a” new sheriff.” What better sheriff than an admired actor who played a kick a** cowboy on the silver screen.
Ronald Reagan, the 40th President of the United States, was known for his conservative economic policies, particularly his stance on inflation. In his 1980 presidential campaign, Reagan proposed a more compelling argument about inflation than his opponent, President Jimmy Carter. Reagan argued that inflation was caused by excessive government spending and a lack of fiscal responsibility. This argument was based on solid economic principles and empirical evidence, which made it more convincing than Carter's approach.
This economic program was planned to promote economic growth, but instead it brought upon more economic burden upon the lower urban social class (Foner 2017). Reagan’s plan to tax the wealthy less to improve the lives of the poor did not pan out well to
Unemployment rates began to increase. Over time, Reagan had increased taxes 11 times, mainly on the middle class. When Reagan had left office, he had tripled the national debt of United States. This had affected the United States and led to several issues later on. This is the reason Reaganomics had both aided some and destroyed others.
Franklin Roosevelt was a very influential and important president in American history who had an immense impact on the American economy and social policy during the 1930’s and 40’s and throughout the future of America, he also shared some ideas with the author John Steinbeck. He idolized Theodore Roosevelt, and took great inspiration from him. He has served as president for longer than any other president in history, serving for three terms instead of the usual two that is generally accepted as the maximum amount of time that a president can serve. He drove America out of the great depression and through the second world war.
How were the Clinton policies similar to the Reagan-Bush policies? The Reagan, Bush, and Clinton administrations stretched through the years 1981 to 2001 and with each inaugural address, the incoming president would announce to the United States that changes would be made to benefit the majority of Americans rather than the few. Despite what was said, their actions contradicted their campaign speeches. The change in political parties in power created an illusion of change among American citizens.
Option 1 Bill Clinton was 46 years old when he went into office, making him the youngest President since John F. Kennedy. He was also the second U.S. President to be impeached; however, not just bad things happened during his time in office. Clinton was President from 1993 to 2001, and he accomplished many things for the United States during that time. For example, he was able to create more jobs and drop the unemployment rate significantly. He also played close attention to issues in the education system.
Then after his first term in the white house, he was reelected on November 6, 1984 at the age of 73. People say that Reagan had this charm that made it easy for him to connect with citizens on the as well at people that he worked with to keep earth running. They say "Reagan 's legacy
During his lead, the American economy went from a GDP growth of -0.3% in 1980 to 4.1% in 1988, averaging 7.91% annual growth in current dollars (William K. Niskanen). Under Reagan many jobs were created, leading to an increased GDP. November 1982, when Reagan’s economic policies began to take effect, to November 1989, shortly after he left office, 18.7 million new jobs were created; a record for a comparable period at that time (Independence Hall). Another positive effect of jobs was money for families. Reagan also simplified the tax code by reducing the number of tax brackets to four and slashing a number of tax breaks (William K. Niskanen).
The American people claim Ronald Reagan to be one of the most influential and greatest president, and icon, of all time. He was the man to bring Conservatism officially into the Government. Most of what made him a great influence was during his presidency when he begn his plan to fix the economy, bring back American pride and exceptionalism to the people, and end the communist threat. He was the one president that accomplished in 8 years what took multiple presidents to do. He is the man that ended the Cold War, and made America the better place it is now.
All of these programs seemed to help and Americans were better off, but the Great Depression was over. Roosevelt continued to push for more reform, but in 1937 business slowed and another recession hit the nation. Now Roosevelt is being blamed for the nation’s problems. He was now at a