Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Why did the Bush tax increases cause a recession and the Clinton tax increase create a boom? The people liked Clinton charisma better even though

Why did the Bush tax increases cause a recession and the Clinton tax increase create a boom?

The people liked Clinton charisma better even though he raised taxes.

Bush was not a favorite President after Ronald Reagan left office.

President Clinton said he looked like John F. Kennedy.

was because as the Internet economy grew it incurred a rising US Technology, which made the Clinton economy boom bigger than during the Bush era and because it raised US stock market values.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

More Books

Students also viewed these Economics questions

Question

Why is so much emphasis put on cash flow in the budgeting process?

Answered: 1 week ago