Sunday, March 15, 2020
Frankendstein essays
Frankendstein essays Clintonomics, the successor of Reganomics of the 1980s and early 90s brought post-Baby Boom prosperity and an unprecedented era of wealth to the United States without regard for long-term world peace. The United States likes to believe it follows the motto, Home of the Free and the Brave. Is this just a statement, or does it have actual meaning in the context of American life in the late twentieth century and beyond? Are we actually free or does the government look over our shoulder monitoring every detail of our daily activity? The United States strives for money and capitalism, which binds us as a nation. Are we a super power or just an anxious and divided country, which was confused by money and power? The United States understood that the Soviets were still turning into a new country from the communist rule. The focus was on containment and president Bill Clinton was committed to spread money into an idea of regional wars, which were the showcases for the United States using military action as a demonstration of world power. Stock Exchange figures were down after the 1990-1991 recession, helping Clinton get into office. Later Clinton turned the tables, downsizing older corporations and focusing more on technology, especially the development of the Internet (the creation of which Al Gore attempted to take credit). Bill Clinton was a president that saw how our capitalist country could augment the economy. Can the American ideals of augmentation get too large and burst in our face? This is a question, which led to great debate. Tax rate increases were on the top of the list for demise. One has to understand if we increase tax rates too much and assume that there will be a great budget surplus we also have to view the negative aspects of this move. One, if the tax rate increase gets to a point of extreme proportions it could cause disaster. For instance the 2001 recession, people were putting strong asse...
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