Clintonomics

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The term Clintonomics, a portmanteau of Clinton and economics, was used to describe the economic policies of U.S. President Bill Clinton during the 1990s. Clinton assumed office at the tail end of a recession, and the economic theories he utilized and implemented are claimed by his supporters to have eventually led to a strong recovery, though Clinton's opponents deny this.

The strategy was outlined in the following three points:

• Establishing fiscal discipline, eliminating the budget deficit, keeping interest rates low, and spurring private-sector investment.
• Investing in people through education, training, science, and research.
• Opening foreign markets so American workers can compete abroad.

[edit] External link

• The Clinton Presidency: Historic Growth

[edit] See also

• Rubinomics
• Reaganomics