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erastova [34]
3 years ago
10

Why would Reagan, Bush, Clinton, and Obama have different economic policies? Question 2 options:

History
2 answers:
pashok25 [27]3 years ago
4 0
Each president entered office with different economic issues to address
mash [69]3 years ago
4 0

The correct answer is:

Each president entered office with different economic issues to address.

Explanation:

When Ronald Reagan became the 40th President of the United States in 1981 the nation was going through the Cold War and an economic recession that made Americans lost their trust in the government. President Ronald Reagan introduced his economic policies known as the "Reaganomics", where he focused on the reduction of government spending and taxes, Reagan also reduced the government regulation and implemented a free-market economy as the solution of the economic problems.

When William (Bill) Jefferson Clinton became the 42 President of the United States, the nation recovering from the recession, and experienced an economic growth. Clinton's economic policies created prosperity by decreasing the poverty and unemployment rates. He was an advocate for free trade markets and lowered trade barriers.

When George W. Bush became the 43 President of the United States, the country was again going through a recession, and the unemployment rate was rising. President Bush implemented an economic policy focused on tax relief, so that American families could save more money and the country could fully recover from the recession. Under Bush' Presidency, United States suffered a devastating hurricane, a terrorist attack and went to war, this events caused the increment on the national debt.

When Barack Obama became the 44 President of the United States in 2009, the nation had just experienced the worst recession and financial crisis in 2008. He focused his economic policies in tax reductions, unemployment benefits, public work projects and the banking and automotive industries rescue.

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