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Comparing The Economic Policies Of Bill Clinton And Ronald Reagan

891 Words4 Pages

There are many American citizens who want the best for their country. They want the people

who rule the country to be the perfect men. They want their presidents to be idols for their

citizens. Some people think that they can be fair to their country and also can be the perfect

presidents for their country. So, they step up and elect themselves and tell the people that they

got what it takes to rule their country. Bill Clinton and Ronald Reagan are two presidents

who were known for their fantastic leadership and presidential reign. They helped their

country and improved it a lot. They most things that they improved in the United States of

America were its economy. They made a vast change in the country’s economy in many

different ways and …show more content…

During his eight years management, he has made 20 million new produced

jobs. Here are the improvements he did, from 1980 to 1988 there was an huge fall for

increase from 13.5% to 4.1%, national goods increased to 26%, jobs lessened from 8% to

5.5%, major interest got cut more than its half from 1981 to 1988 from 21.5% to 10%. The

family net worth has risen from $20,000 to $50,000 it has been made better to over 30%.

Reagan’s theory also known as reaganomics had a plan where he gave the rich or the upper

class money so they widen their businesses and have more job opportunities were they can

employ the lower class, the poor or the jobless but this plan eventually didn’t work because

many of the people who were given money became greedy and kept the money for

themselves. This disappointed Reagan and made him lose faith and hope on the citizens of

the United States of America. This theory was called the trickledown theory.

President Bill Clinton also made a huge difference in the economics of the United States of

America. He improved it and made America’s economy more stable. The people called his

ideas Clintonomics. President Bill Clinton had changed ideas than President Ronald

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