Bush vs. Clinton: An Economic Performance - Essay Example

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Bush vs. Clinton: An Economic Performance

"According to public opinion polls, most Americans feel the U.S. economy has been moving in the wrong direction. Indeed, an analysis of several important economic indicators shows they're right. In apples-to-apples comparisons of annualized data, these indicators of the country's economic well-being show mostly negative change during President George W. Bush's administration, compared to mostly positive change during President Bill Clinton's administration. Presidents obviously do not control everything that happens on their watch. But it is fair -- and entirely appropriate -- to judge how they play the economic hands they are dealt. Bush's economic policies have diverged dramatically from Clinton's, and PPI believes the disparities in economic outcomes under each administration are attributable at least in part to those policy choices". (Bush vs. Clinton: An Economic Performance)
There are also differences in terms of Debt Reduction of the two administrations of Bush and Clinton. "The national debt is the net amount of debt held by the federal government ($3.9 trillion in 2003).5 It increased under both administrations (in today's dollars). ...Show more

Summary

HISTORICAL ANALOGY: "Analogy is both the cognitive process of transferring information from a particular subject (the analogue or source) to another particular subject (the target), and a linguistic expression corresponding to such a process. In a narrower sense, analogy is an inference or an argument from a particular to another particular, as opposed to deduction, induction, and abduction, where at least one of the premises or the conclusion is genera"…
Author : ahand
Bush vs. Clinton: An Economic Performance essay example
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