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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (162656)7/22/2001 11:31:49 PM
From: rich4eagle  Read Replies (1) | Respond to of 769670
 
The Clinton Administration clearly reversed the trickle down economic policies of the Reagan Administration and the Bush Administration watered down the "Reagonomics" which was trickle down economics based on dangerously high levels of deficit spending on military projects and exacerbated by huge tax cuts. "Reagonomics" also killed as much as possible collective bargaining and minimum wages. The Clinton Administration was based on balanced budgets and economic growth spurred by low interest because of balanced budgets, low inflation, low unemployment, higher minimum wages, technology growth, high consumer confidence due to higher wages and low unemployment. Trickle Down doesn't care about minimum wage only wants to ensure great wealth is created and thus it will trickle down to the masses