The United States of America is known to be the land of opportunity, and many
presidents tried different kind of methods to change the US economy to the better. The
Reganomics policy which is a policy by president Regan on how to change the course of the US
economy. The Reganomics had good policies that made sense like reducing the growth of
government spending which was a good point in order for the government to save its money.
Reduce the marginal tax rates on income from both labor and capital which could help them pay
less tax, and also reduce regulation which could benefit the people of the US, and also reduce
inflation by controlling the growth of the money supply. This is an important fact because the
growth of the money supply is very important.
…show more content…
For example the jobs grew by 43% more under Clinton, and the GDP grew
by 57% more under Clinton. As well the DOW grew by 700% more under Clinton.
The NASDAQ grew by 18 times as much under Clinton, and the spending grew by
28% under Clinton, and 80% under Reagan. DEBT grew by 43% under Clinton, and 187% under
Reagan. NATIONAL INCOM grew by 100% more under Clinton. PERSONAL INCOME Grew
by 110% more under Clinton. These numbers show that Bill Clinton times as president boosted
United States to the better and that had a good impact on his career. Jobs are hard to get and give,
but the Clintonomics made it easy and provided a numerous number of jobs.
Page 3 of 4
So I think that the Clintonomics is better than the reganomics and these numbers
show that. The biggest is that jobs were provided more, and this is a huge thing in every country
and the main thing. His economic policy made jobs more available than Regan did. Clintonomics
impacted America to the better, because the reganomics. Reganomics was good but it had it
cons, and the cons were bad because there were many things that affected the people.
In the end the most important thing is that the people have jobs. In my opinion