Reagan's Economic Policies

One of the toughest job positions in the United States is being the president. Not only does he have to worry about his family, but the billions of people in the country. It is his job to make sure the American people are live in an economically stable society and a peaceful one also. Some presidents sometimes struggle to find and create an economic recovery policy that can stabilize and grow the country. However, in the cases of both Ronald Reagan and Bill Clinton, both former presidents found ways to boost the economy. Although, Clinton’s economic policies did better than Reagan’s, both were successful in different ways. Clinton’s economic policy lowers interest rates, raised minimum wage, and the percentage of homeowner rose. Whereas Reagan’s …show more content…
In June 27th ,1981, just five months after becoming president, Reagan lobbied over the phone from his home in California his proposed budget cuts willing over Democrats. Although these democrats were fence-sitters, the idea of a Republican president winning over the other party was something successful. (UPI, webpage) In today’s political era, it would be next to impossible for parties to agree and compromise on a certain policy, especially an economic one. Reagan recognized and seized an opportunity. In Edward’s “The Strategic President”, he wrote that, “effective facilitators are skilled leaders who must recognize the opportunities that exist in their environments, choose which opportunities to pursue, when and in what order, and exploit them with skill, energy, perseverance, and will.” (The Strategic President, pg. 12) That is exactly what Reagan did get his budget cut policy through. Hailed also as a “Great Communicator,” Bill Clinton also has achieved to the power to persuade. He great communication skills is what allowed people to support him and allow him to continue to deliver promises to make changes. According to Neustadt, the power to persuade one of the most important skill for a president to have because the president is only person. President need to be able to communicate with not just his staff to get things done, but the public too. With the public on the president’s side, there can be a possible advantage formed. If congress can see the public’s support of the president, certain bills could be passed. “The presidents’ advantages are checked by the advantages of others. Relationships will pull in both directions. These are relationships of mutual dependence. The president depends upon the persons that he would persuade, he has to reckon with their need or fear of them.