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16 Cards in this Set

  • Front
  • Back

reagan cut welfare spending

over 20 bil

economic recovery act

1981 slashed taxes

defence spending reagan

doubled between 1981-87

national debt reagan

1 trillion

congress rejected budget for increased defence spending

1987

stock market crash

1987

deficit 1980-90

trebled to 220 bil

budget deficit under bush

continued to rise to 300 bil

end of bush’s presidency unemployment and poverty

unemployment - 7.8% highest since 1984


14.2% of americans lived in poverty

clinton budget deficit

1996 reduced to 107 bil

clinton trade deal

the north american trade agreement

stock market under clinton

value tripled

jobs created

22 mil in less than 8 years

home ownership from 1992 to 1996

64.2% to 67.7%

unemployment 1993 to 2000

7% to 4%

unemployment rates

lowest rates recorded for hispanics and women in more than 40 years