Sunday, June 2, 2019

Bill Clinton - Redefines Democratic-republican :: William Jefferson Clinton Essays

neb Clinton - Redefines Democratic-RepublicanIn the early 1800s, the United States was but a promising seedling in search ofviable policy-making direction. The initial parties were known as the federalistsand the Democratic-Republicans, the first of which soon diminished and the latereventu all(prenominal)y bisected. The result is the two party Democrat and GOP system whichthe majority of politicians of genuine day subscribe. However, many politicaland economic analysts find themselves perplexed by an incredible new phenomenonradiating from the white house - the economic policies of President Bill Clinton.This dilemma has left many wondering, did we elect a democrat or a republican?Has Clinton unintentionally begun a campaign to reunite the two rivals? The telling signs of Clintons political ambiguity include reminiscently republicantechniques of reducing the budget, creating jobs, lowered productivity, andshaping the tax code.During Clintons 1992 campaign, balancing the budget w as not among the countriesmain economic objectives (Miller 4). However, afterwards close scrutiny, theeconomic woes of the approaching millennium were projected as "higher then wethought it would be" (Miller 4). In fact, "in the twelve years forwards Clintontook office, the deficit quadrupled in size" (deficit 1). As a result, Clintonmust engage in creative cost cutting techniques to keep the budget under control. gold afforded to state and local governments for development programs, such asthose which relieve "urban blight," impart eventually be cut by two-thirds, athird more(prenominal) then Gingrichs last congress proposed (Rauch 2). In addition, cutsto transportation aid will prove fifty percent greater then republicanpropositions (Rauch 2). According to Clinton, all of these maneuvers willresult in the lowering of the deficit by $600 billion, or almost one-third bythe year 1998 (progress 1). Economists speculate that these reforms may producethe cov eted effect (Rauch 2). However, putting these measures into action maycontradict one of Clintons main election tenets - to preserve the status quo asit relates to government programs. The final budget will include one-seventhfor interest on the national debt. A whopping two thirds will go towardentitlement, one sixth for defense programs and another one-sixth for "non-defense discretionary spending" (Rauch 2).Perhaps the most touted aspect of the initial Clinton administration was itsability to "create" jobs. According to the White House, almost six million jobshave been created in the past four years, and the unemployment rate in Texas hasdropped from 7.5% to 5.8% (Progress 1). This is a level well below the 6% ratewhich many economists regard as full employment. However, there may be a greatdeal more then meets the eye when it comes to these "promising" statistics.

No comments:

Post a Comment