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Re: Why President Bill Clinton's Economic Policies Were Effective

By: Cactus Flower in ALEA | Recommend this post (0)
Sat, 08 Feb 20 7:11 PM | 25 view(s)
Boardmark this board | The Trust Matrix 		Msg. 34124 of 54959
(This msg. is a reply to 34123 by clo)
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Presidents get the credit. But I think he was a bit lucky that he had the internet boom and the crash happened right at the end, with Bush ending up with the consequences.

On the other hand, Bush created his own disasters, that Obama had to dig the US out of.

Trump just inherited a decent but unspectacular economy from Obama. His major impact was not to pay his bills. Figures.

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The above is a reply to the following message:
Why President Bill Clinton's Economic Policies Were Effective
By: clo in ALEA
Sat, 08 Feb 20 2:36 PM 		Msg. 34123 of 54959

a look back at the economy under Clinton

Why President Bill Clinton's Economic Policies Were Effective
BY KIMBERLY AMADEO
Updated May 30, 2019

William Jefferson Clinton was the 42nd U.S. president, serving from 1993 to 2001. He was the first Democratic president to win re-election since Franklin Roosevelt. Clinton is the most admired president in the past 25 years. Why is he so popular, despite being impeached? Primarily because his economic policies created a decade of prosperity. During his presidency:

More than 18.6 million new jobs were created, more than any other president.

Unemployment dropped from 7.5 percent to 4 percent.

Home ownership was 67.7 percent, the highest rate ever recorded.

The budget deficit dropped from $290 billion to a budget surplus of $128 billion.

The poverty rate dropped to 11.8 percent.

http://www.thebalance.com/president-bill-clinton-s-economic-policies-3305559

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