How Did Bill Clinton Improve The Economy

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On January 20th, 1993 Bill Clinton is sworn in as the 42nd President of the United States and to many in the future this would be one of the best occasions in U.S. history, for the reason that Bill Clinton drastically improved the American economy since he assumed office. Under Clinton’s presidential administration, the United States enjoyed the lowest unemployment and inflation rates in recent history as well as soaring high home ownership and very low crime rates (Clinton Presidency). Clinton, a very wealthy man, from a very wealthy family is the definition of someone courageous that stood up for his beliefs and in addition, was also a patriot who decided to help the American people improve their economic situation and eventually “Climb up the economic ladder”, to then …show more content…

Clinton’s presidency is remembered as one of the most successful of the 20th century; not only for his enormous domestic accomplishments and foreign-policy achievements,but also for creating a stronger nation at the beginning of a new century (PBS). Americans and people around the world may wonder what caused President Bill Clinton to improve the economy in the United States of America, and actually work hard, be persistent, and have courage in the face of adversity. The majority of the American people would have thought that recently elected President Bill Clinton would have not been a “people’s president” and just wanted to be elected president to gain power, and get rich; but they were completely wrong. On the other hand, as soon as president Bill Clinton and Vice President Al Gore were elected into office, they immediately launched their economic strategy, which was split into three sections. The first section contained, “establishing fiscal discipline eliminating the budget deficit and keeping interest rates low”. Equally important, the second section included, “investing in people through education, training, science, and

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