recession? Clinton, Johnson, George Bush Jr, or Reagan?
2006-12-09 13:21:00 · 6 answers · asked by jessiebabie824 2 in Social Science ➔ Economics
The answer is Clinton.
I can't believe people would even think Reagan. One word Reaganomics. It was all about tax cuts, mostly for the rich.
The Clinton response - Clintonomics.
2006-12-09 13:38:06 · answer #1 · answered by JuanB 7 · 0⤊ 1⤋
Major tax cuts took place under Johnson, George Bush Jr, and Reagan. Tax cuts do not control inflation, they stimulate the economy and tend to promote inflation if the economy is not in recession.
2006-12-10 00:01:53 · answer #2 · answered by meg 7 · 0⤊ 0⤋
Clinton
2006-12-09 23:31:46 · answer #3 · answered by Anonymous · 0⤊ 0⤋
My guess was Reagan before I saw your choices. Then again, Clinton reaped the rewards of the Reagan era, so the economy was pretty much running on its own. He didn't do much fighting either.
2006-12-09 21:31:52 · answer #4 · answered by tmarschall 3 · 1⤊ 0⤋
Tax cuts are bad because they let people keep more of the money they worked for. People should all work very hard all the time and give most of their money to the government so the government could hire more bureaucrats to decide what to do with the money taken from people who worked for it. These bureaucrats would give people who didn't work money taken from people who worked because everyone should all have the same amount of money whether you wanted to work or not. It's your choice, but we all must pay for it.Tax cuts are bad.
2006-12-09 22:01:20 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I think reagan (only an educated guess)
2006-12-09 21:24:29 · answer #6 · answered by Andrew 3 · 0⤊ 1⤋