Policies of Ronald Reagan , George and Bill Clinton

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What happened in 1980?
Reagon defeated Jimmy Carter to become president
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What severe economic problems did he inherit?
High inflation,rising unemployment,high budget deficit,world recession
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What did Reagon introduce?
Series of economic reforms which obtained the nickname Reagonomics
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He slashed income tax hoping to?
encourage people to spend and create jobs
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He slashed welfare programmes by $20 billion a year for three years, returning to the idea of?
Rugged individualsim
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He cut taxes at a time when government expenditure increased and?
This caused the national debt grow
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1987 saw the worst stock market crash since 1929 and?
the US began to edge into recession
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President Bush continued with Reagan's domestic policies but?
he faced severe economic problems
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The budget deficit had trebled in size between?
1980 and 1990
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Bush was forced to go back on election promises and increase?
indirect taxes and impose new taxes on the wealthy
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The budget deficit continued to grow, for example?
In 1922 it was calculated that 14 percent of all Americans lived in poverty
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What two acts did Bush pass in 1992?
A disability act which forbade discrimination based on disabilty and clean air act
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There was serious riots in 1992 in?
Los Angeles ,Atlanta ,Birmingham , Seattle and Chicago
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What does budget deficit mean?
When a goverment spends more money that it reveives through taxes and has to borrow
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What does Reaganomics mean?
The economic polices of President Reagan in the 1980's
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What does National debt mean?
Money owed by the goverment
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Unlike,Reagon and Bush , Clinton was a Democrat who promised more direct action from?
The federal government to tackle the countries economic problems.
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What were the three key features to his domestic polices?
Abandon Reaganomics, Welfare Reform, Scandals
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How did he abandon Reaganomics?
He increased federal government spending,increased taxes and reduced the national debt-policies which helped to bring sustained economic growth
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How did he deal with welfare reforms?
In 1996 he introduced a minimum hourly wage, his Health Security Bill which aimed to set up a system of universal health insurance was rejected by Congress.
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How did he deal with Scandals?
An investigation into the Whitewater scandal of 1996 revealed that Clinton had been having an affair with Monica Lewsinky . a former member of the White House staff. He was threatened with impeachment
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Card 2

Front

What severe economic problems did he inherit?

Back

High inflation,rising unemployment,high budget deficit,world recession

Card 3

Front

What did Reagon introduce?

Back

Preview of the front of card 3

Card 4

Front

He slashed income tax hoping to?

Back

Preview of the front of card 4

Card 5

Front

He slashed welfare programmes by $20 billion a year for three years, returning to the idea of?

Back

Preview of the front of card 5
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