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Ford - Clinton

Ford - Clinton for LAST

QuestionAnswer
Economy under Ford Unemployment and interest rates rose. Country enters recession.
Ford election First president not elected through electoral college.
Carter's programs Carter introduced no major programs.
Interest rate under Carter Rose to 21%
Inflation under Carter double digit inflation
Carter elected elected in 1976
Reagan elected elected in 1980 and 1984
Reagan economics supply-side economics
Supply-side economics Tax cuts result in more investment, and in turn, these investments would create more jobs.
Taxes under Reagan Taxes were cut dramatically
Deficit under Reagan Recession ended, deficit skyrocketed.
Interest rates under Reagan Interest rates were reduced.
Homelessness under Reagan Grew dramatically. Became major urban problem.
Deregulation under Reagan Deregulation of savings and loans organizations led to abuses with a multibillion dollar bankruptcy of these groups.
George Bush elected elected in 1988
Bush's economic programs Continued Reagan's economic programs
Clinton elected in 1992 and 1996
Clinton impeachment First president impeached since Andrew Johnson. aquitted by the senate.
Three major issues of Clinton administration Health reform, deficit reduction, crime
Created by: lmcaswel
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