What does economic policy of the bill clinton administration mean?
Definitions for economic policy of the bill clinton administration
eco·nom·ic pol·i·cy of the bill clin·ton ad·min·is·tra·tion
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Wikipedia
Economic policy of the Bill Clinton administration
The economic policies of Bill Clinton administration, referred to by some as Clintonomics (a portmanteau of "Clinton" and "economics"), encapsulates the economic policies of United States President Bill Clinton that were implemented during his presidency, which lasted from January 1993 to January 2001. President Clinton oversaw a healthy economy during his tenure. The U.S. had strong economic growth (around 4% annually) and record job creation (22.7 million). He raised taxes on higher income taxpayers early in his first term and cut defense spending and welfare, which contributed to a rise in revenue and decline in spending relative to the size of the economy. These factors helped bring the United States federal budget into surplus from fiscal years 1998 to 2001, the only surplus years since 1969. Debt held by the public, a primary measure of the national debt, fell relative to GDP throughout his two terms, from 47.8% in 1993 to 31.4% in 2001.Clinton signed North American Free Trade Agreement (NAFTA) into law, along with many other free trade agreements. He also enacted significant welfare reform. His deregulation of finance (both tacit and overt through the Gramm–Leach–Bliley Act) has been criticized as a contributing factor to the Great Recession.
Numerology
Chaldean Numerology
The numerical value of economic policy of the bill clinton administration in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of economic policy of the bill clinton administration in Pythagorean Numerology is: 4
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