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then why did the unemployment rate go down every year that Bill Clinton was president to the lowest rate since 1969, can anyone give a legitimate answer


1993 6.91
1994 6.10
1995 5.59
1996 5.41
1997 4.94
1998 4.50
1999 4.22
2000 3.97

2007-01-06 13:14:20 · 14 answers · asked by Anonymous in Politics & Government Other - Politics & Government

that's it, everybody agrees, Clinton was a good president who caused America to grow and put people to work, because I've heard some vile things elsewhere

2007-01-06 13:25:09 · update #1

14 answers

Bill Clinton or some of his advisers were brilliant, he raised the taxes on those that could most afford it, the rich. He took that money and reinvested it into infrastructure jobs, (repairing and rebuilding roads and bridges as an example). This created jobs, these people with money in their pocket bought things which in turn created more jobs and the whole thing snowballed out of control until ever one that wanted a job had one. It is call consumer driven economics's. It didn't take George Bush long to reverse the trend with his supply side economics which has never worked for any repuglican president. It has been tried by all of them and it is a failure and the only ones the benefit from it are the very rich and the large corporations.

2007-01-06 13:22:51 · answer #1 · answered by Anonymous · 4 0

Clinton didn't do anything. Americans did the work, your question and the way you answered your own question is flawed. The bubble burst right after he left office. No matter how much you want to blame Pres. Bush, you can't. Also Clinton was playing to the right because he want the high polls.
Clinton = welfare reform.
Bush plays to the left.
Bush = old folks, free meds
If you listen to Bloomberg, or any of the economic channels you will see that business doesn't care about left or right, but it cares about lower taxes, less red tape. and fare laws toward business.

2007-01-06 14:02:24 · answer #2 · answered by Anonymous · 0 2

Because the term "liberal" has loosely been tagged on any Democrat in office and "conservative" has been loosely tagged on every Republican in office.

Meanwhile, fiscally, history shows that the stock market has done better under a Dem. administration and Government spending has been less during Dem.'s in Presidency.

So, it is just a myth that Repubs are conservative...at least fiscally and vice versa for Dems

2007-01-06 13:20:22 · answer #3 · answered by fade_this_rally 7 · 6 0

Well heres the thing, youre still thinking inside the old doctrine of red vs. blue. I think nowadays we're better than that. We have to be or the same things will continue to happen.

2007-01-06 14:01:09 · answer #4 · answered by Anonymous · 0 0

The persistence of obtainable goals may have had a significant influence for those who could recognize opportunity and self worth.

2007-01-06 13:19:45 · answer #5 · answered by stratoframe 5 · 2 0

Michael, why post some rightwing BS crap trying to pass it off as a legitimate source? The Right New, Right Now is there motto, and you htink they are going to do anyhting but give credit to right-wingers??
clinton campaigned on the welfare reform in 1992. he was forced to sign it only so republicans wouldn't use it against him, while he was working on anti-terrorisst proposals. he put our security first unlike right-wingers!
here are several things it did, and several reasons why he should have vetoed it again until congres got it right!
the conservative approach made the problem worse! considering the fact that less spending not matter where the money comes from, lessens cash flow, and more workers lowers wages on and on! notice anythig in there that might cause crime to go up???!

1996 welfare reform mandated the following:

By 2002, half of all states’ welfare recipients must be working either in the private sector or in a "Workfare" program (a kind of community service/job training program);
Federal spending on welfare is dispensed in "block grants" (instead of according to welfare caseload numbers) to states whose obligation it is to institute job training, child-care, transportation programs, etc.;
One adult can collect welfare for no more than 5 years in a lifetime (and individual states are allowed to shorten this term at will);
Non-U.S.-citizen immigrants (even if they are legal) are ineligible for welfare;
Anyone convicted of a drug-related "crime" is also ineligible;
States were allowed to cut their own welfare spending (up to $40 billion collectively) without penalty during the years 1997-2002.
Problems:

"Workfare" costs, on avg., $6,000/yr. more per recipient than welfare checks (because of the extra costs of child-care, transportation, and job creation and supervision);
39% of welfare recipients in 1996 had no work experience within the previous year and 47% had less than a high-school education, making it difficult to get hired and be promoted or move on to a higher-paying job;
Many welfare recipients lack "soft skills," such as good communication skills and self-presentation (professional clothing, hairstyles, etc.), making it difficult to get a good-paying job;
Some have emotional, psychological, substance-abuse, or domestic-abuse problems that prevent them from getting or keeping jobs;
Geographically, job availability is not uniform (e.g., West Virginia in 1996 had a 17% unemployment rate while the nation’s avg. rate was around 5%);
More and more jobs have been moving from inner cities to suburbs over the last decade;
Low-wage jobs do not necessarily lift families out of poverty (especially single-parent families), and, in fact, they can place people in an income bracket just barely above qualification for assistance with health insurance, child care, and food, thus, effectively making them just as destitute as they ever were on welfare;

2007-01-06 13:35:00 · answer #6 · answered by qncyguy21 6 · 2 3

Good question. In some ways Clinton was in line with Republican ideaology. With respect to welfare he implemented programs that encouraged work rather than collecting a check. Regulations were tightened and thus many folks on the dole had to go to work.

2007-01-06 13:17:45 · answer #7 · answered by Anonymous · 2 3

The unemployment rate for the nation is now at 4.8% at this moment. Is it great? No, but you have to keep in mind is prior to 9/11 the unemployment rate sky rocketed. The economy went to he**. Clinton had inherited the economy when he was sworn in.
he inhereted the longest expansion in this nation's history and it was growing for two years before he took the oath. This happened because of Reagan, NOT CLINTON.
I just know this upsets you democrats, give me all the thumbs down you want. I am stating facts here folks, you just don't like them.

2007-01-06 13:26:56 · answer #8 · answered by HAGAR!!! 6 · 1 5

Tommy Thompson our then Gov. of Wisconsin started the whole welfare reform ball rolling. Clinton DID NOT want to get involved but the Congress made him and HE gets credit for it.

2007-01-06 13:28:16 · answer #9 · answered by Anonymous · 1 5

It may have more to do with the jobs available and what they are paying.

2007-01-06 13:17:29 · answer #10 · answered by jimstock60 5 · 3 1

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