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President Clinton's Impacts On The United States

1090 words - 5 pages

Have you impacted the United States like Bill Clinton has? Bill Clinton was born on August 19, 1946 in a small town of Arkansas. His father died before he was even born. He was not raised to be religious, but at a very young age he was attending church every Sunday morning alone. Growing up he had to see his stepfather’s abusive behavior towards both his mother and step-brother. When he was 17 years old and attending school he got an invitation to meet President John F. Kennedy at the White House Rose Garden, that’s when he realized what he wanted his career to be. During the 1992 election, on November 3, he became the forty second president. Clinton’s reputation suffered dramatically from a scandal in his personal life. Although Bill Clinton had an affair while being President, he impacted the United States by eliminating the federal deficit and overseeing the strongest economy, managed to remake the images and operations of the Democratic Party, and reforming welfare and changing the environment.
Not only did Clinton have positive impacts on the economy, but he has also made negative impacts on the economy in the United States. During his term the Congress was made up of Republicans, which helped him improve the economy. The congress was exercising fiscal restraint, but the citizens believed Clinton was doing it all on his own (“ProConorg” 2). The article “Was Bill Clinton a Good President” says:
The US went from having the largest budget deficit in American history ($290 billion) in 1992 when Clinton was elected to having a budget surplus of $127 billion when he left office in 2001. 22.5 million new jobs were created and unemployment dropped from 7.5% when Clinton took office to 4.0% by the end of his second term, the lowest in 30 years. The poverty rate dropped to 11.8% in 1999, which was the lowest it had been since 1979 (2).
Obviously his positive impacts on the economy were drastic and did not only have short term affects. Since he was not able to regulate the financial-services markets it led to a negative long term effect. The bad lending and Wall Street scams later led to a banking crisis in 2007 (“ProConorg” 2). Everyone makes mistakes and some may have negative impacts, but at the end of his term we still ended with a budget surplus.
Clinton does not only care about the popularity that comes with everything he has succeeded. To produce the first balanced federal budget he agreed to combine tax cut and reductions in spending (“Columbia” 2). “Clinton won passage of a national service program and of tax increases and spending cuts to reduce the federal deficit. He also proposed major changes in the U.S. health-care system that ultimately would have provided health-insurance coverage to most Americans” (“Columbia” 1). With a large budget deficit reducing the spending helps save money and makes the deficit much smaller.
President Clinton created his New Democrat policy program, but it began to die on December twelfth of two-thousand....

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