Did Clinton ride the coat tails of Reganomics?

Answer 1

To varying degrees, every president "rides the coat tails" of the former.

Answer 2

To an extent, he did enjoy some of the benefits of 1980s fiscal policy, however, by his second term, the economic success of the country was spurred mostly by the new wave of techonolgy and the dot com boom. A big part of fiscal success in the 1990s was the lack of the Soviet Union, and an ability to concentrate on US growth and development, rather than international threat. While I wouldn't say he had much benefit from Reganomics, I would argue that Ronnie's foreign policy (with the exception of Contra and Grenada) did greatly benefit his administration and the country as a whole throughout the Clinton years.

Clinton was fortunate to be in office during one of the greatest times in innovation in america. He enjoyed the popularization of the internet, the rise of the telecom industry in the field of cell phone use and with no other superpower, a lack of conflict other than Bosnia.

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Answer 3

well...every president has had to follow another except Washington...so your question, by it's singling out of Clinton, shows a lot of partisanship. But I would say Reagan's "trickle down economics" were proven to be a tool of the rich...so unless you make in excess of $100,000 and have future inheritance for you in the same ballpark, you would not be in favor of Reaganomics. It's called Reaganomics because it is really more of a belief of rich right wingers...an almost religious tenet...because it flies in the face of reality. It's more smoke than substance....To a certain extent, like all crack pot theories, it does have some truth in it....It may do some good in the very long run for everyone, but it really does make the rich richer and increase the difference between rich and poor....It certainly doesn't help the common working person.

The rich that benefit have no requirement to invest in making industry (which makes jobs). They can invest in anything or just buy up land....but the end result is that the rich are treated in a special way and the rest of us beg for crumbs from them...you do realize that anyone making a product considered a necessity does not pay income taxes, they push the overhead of taxes and other things into the price of the product.

Answer 4

does any Republican remember HW Bush?

he was a guy that came along and took the fallout of the S&L scandal (that Reagan was riding) and it basically tanked the economy...

remember the recession... and that being a major reason Clinton was elected?

saying Clinton rode the coat tails of Reaganomics is like saying W. Bush rode the coat tails of the dot com boom...

in honesty, both went bust before they came into office...

now did Clinton ride the dot com boom? probably...

Answer 5

Yes. And a great portion of the money flowed into non-producing enterprises such as Enron and the Dot-Com mania, which showed the economy to be terrific, but it was actually just a re-distribution of wealth from producers to non-producers. Hence, the recession that started in 1996 but was not announced to the public.

Answer 6

OH god yes

Answer 7

that is real funny,, i hope you are joking

Answer 8

yeap!