Clinton 1993-2000 Flashcards
1
Q
Abandon Reaganomics
A
- He increased federal government spending, increased taxes and reduced the national debt and budget deficit which was balanced in 1998 for the first time since 1969.
- These policies helped bring sustained economic growth. The value of the stock market had tripled and unemployment rate was lowest for almost 30 years.
2
Q
Welfare Reforms
A
- In 1996, Clinton introduced a minimum wage of $4.75 an hour which increased to $5.15 the next year.
- In 1993, he failed in his ambitious attempt to introduce a system of universal health insurance. The Health Security Bill was attacked by the insurance industry and the American Medical Association and was rejected by Congress.
3
Q
Scandals
A
- An investigation into the Whitewater scandal of 1996 revealed that Clinton was having an affair with Monica Lewinsky, a former member of the White House staff. -
He was threatened with impeachment but was found not guilty by the Senate in 1999
