THE RISE OF POLITICAL CONSERVATISM 1980 1992
PRESIDENT RONALD REAGANS FOREIGN POLICY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
George H.W. Bush
|
|
|
George W. Bush
|
|
|
Bill Clinton
|
|
|
. No president has ever presided over a budget surplus
|
Detailed explanation-1: -The real reason the budget went from a projected $360 billion deficit to a small surplus was higher tax rates passed by a Democratic Congress, and a booming economy presided over by President Bill Clinton.
Detailed explanation-2: -Clinton took office towards the end of a recession. His administration’s plans for fixing the economy included limiting spending and cutting the budget to reduce the nation’s $60 billion deficit, keeping interest rates low to encourage private investment, and eliminating protectionist tariffs.
Detailed explanation-3: -He assembled a bipartisan coalition to pass welfare reform and expand health insurance for children. In foreign policy, Clinton launched a major bombing campaign in the Balkans, which led to the creation of a United Nations protectorate in Kosovo.
Detailed explanation-4: -During the period of presidency of Bill Clinton, the economy of the U.S. was prospering. The period of his presidency was characterized by a strong economy. Federal budget surpluses characterized the second term.