By the end of his first year, Clinton had battled Congress to secure
adoption of an economic package that combined tax increases (which fell
mainly on the upper class) and spending cuts (which hurt mainly
impoverished Americans). His 1993 economic package passed without a
single Republican vote in either chamber of Congress, and despite that
party's dire predictions that it would result in economic chaos. This
economic policy lowered the deficit from $290 billion in 1992 to $203
billion by 1994.By 1999, surging tax revenues from a booming economy had generated a
surplus of $124 billion—a development few would have thought possible in
1992. Surpluses amounting to $1.5 trillion were then projected for the
first decade of the 21st century.
i hope this helps and if u can. can u make me the <span>Brainliest answer thank u :D </span>
Industrialization has the potential to lead to cultural clashes and discrimination because it separates two very distinct forms of labor: factory and farm. This leads to price differentials and the ability of those in charge of the factories to only choose certain types (i.e. races) of people for the jobs available.
Land, label, capitol, and entrepreneur
