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pnwmom

(108,977 posts)
7. You're buying into the Rethug myth. The economy didn't get better all by itself, or solely
Wed Apr 15, 2015, 05:11 AM
Apr 2015

through a tech bubble.

https://www.americanprogress.org/issues/economy/report/2011/10/28/10405/power-of-progressive-economics-the-clinton-years/

Over the course of the Clinton administration, the president and Congress agreed on a number of policies aimed directly and primarily at supporting working families to clear their path for success. They enacted:

An increase in the minimum wage. In 1996 Congress passed a 20 percent increase in the minimum wage, raising it from $4.25 to $5.15 in two steps. The wage increase boosted earnings for nearly 10 million Americans, almost half of whom were working full time. Furthermore, empirical studies conducted in the aftermath proved that there were no negative impacts on overall employment.

The Family and Medical Leave Act. The very first law that President Clinton signed was the Family and Medical Leave Act, which ensured parents could take up to 12 weeks of unpaid leave to care for a newborn or a sick relative without risking their job. Over the next eight years, more than 35 million workers took advantage of its protections. And though critics warned that the FMLA would hurt businesses, subsequent research showed that businesses had no trouble complying with the new law.

The child tax credit. Middle-class tax cuts were central to the budget deal President Clinton negotiated with Congress in 1997. The child tax credit included in that deal directly reduced a family’s income tax bill by $500 per eligible child. This was estimated to direct between $16 billion and $19 billion a year in tax benefits to families with children.

The Clinton administration also saw that they could grow the economy by opening up the middle class to everyone willing and able to take on the responsibility of work. To that end, Congress and the administration promoted smart labor market policies that included:
An expanded earned income tax credit. The EITC offsets federal income taxes, and for many low-income workers, portions of their payroll taxes as well. The EITC increases as earnings increase, up to a point, so it encourages additional work. In 1993, as part of his larger budget package, Clinton and Congress expanded the EITC to give a larger benefit to working families and allow childless workers to benefit as well.

1979 on is a pretty low bar. hobbit709 Apr 2015 #1
I'm not saying it isn't Dpm12 Apr 2015 #2
Clinton had fuck-all to do with creating those jobs, he got lucky. Spider Jerusalem Apr 2015 #3
So, he didn't do ANYTHING good? Dpm12 Apr 2015 #4
Reduced the military and balanced the budget, but that turns out to've been temporary Spider Jerusalem Apr 2015 #6
Temporary because George Bush pushed through his tax cuts, and Congress went along. pnwmom Apr 2015 #8
Bush Tax Cuts 1939 Apr 2015 #30
Another Rethug-myth promoter, I see. pnwmom Apr 2015 #47
Not at all 1939 Apr 2015 #53
No lasting legacy? Search up "Americorps" on Google. N/T Dpm12 Apr 2015 #60
You're buying into the Rethug myth. The economy didn't get better all by itself, or solely pnwmom Apr 2015 #7
THANK YOU for being, really, Dpm12 Apr 2015 #11
Well said, pnwmom. I hate "when the economy is strong under a Democrat he is just lucky." Krugman pampango Apr 2015 #21
HEY!!! We're supposed to let conservative memes rule the day here!! SCREW FACTS!! uponit7771 Apr 2015 #38
Exactly. jwirr Apr 2015 #50
says Fox News and most republicans? uponit7771 Apr 2015 #37
Say actual economists Spider Jerusalem Apr 2015 #48
I think we are on the wrong website, sincerely. This is ridiculous. NoJusticeNoPeace Apr 2015 #52
We are on the correct site... the Rush of FUD gets to be overwhelming sometimes uponit7771 Apr 2015 #55
THANK YOU! Dpm12 Apr 2015 #59
No one was more enthusiastic about the Clinton Presidency than me, at the time. Warren DeMontague Apr 2015 #5
Agreed. bravenak Apr 2015 #51
Sure.... sendero Apr 2015 #9
https://morethanaminute.com/wp-content/uploads/2012/02/PINK-Rose-Colored-Glasses.jpg blkmusclmachine Apr 2015 #10
So, he didn't do ANYTHING good? N/T Dpm12 Apr 2015 #12
Look, I'm all for social welfare, Dpm12 Apr 2015 #13
I'm with you. aikoaiko Apr 2015 #14
THANK YOU! Dpm12 Apr 2015 #16
I think DU has high standards and we love to criticize aikoaiko Apr 2015 #17
Gramm, Leach, Bliley and also The Telecommunications Act of 1996. mmonk Apr 2015 #15
And The Commodity Futures Modernization Act. mmonk Apr 2015 #23
His trade policies outweigh those 22 million jobs created. Motown_Johnny Apr 2015 #18
Repealing Glass-Steagall proved to be a disaster deutsey Apr 2015 #25
Best ever! MannyGoldstein Apr 2015 #19
How was he for the Ivy League educated? DemocratSinceBirth Apr 2015 #32
Sure he was if you're a Wall Street banker or a corporate media executive tularetom Apr 2015 #20
Great president! NuclearDem Apr 2015 #22
+1...the biggest "stains" on his presidency had nothing to do with a dress and everything to do.... yourout Apr 2015 #27
Clinton settled for DADT after conservative Dems like Sam Nunn.... DemocratSinceBirth Apr 2015 #35
My wages went up under Clinton. Employers treated employees better because they B Calm Apr 2015 #24
Additional con Erich Bloodaxe BSN Apr 2015 #26
One of his greatest accomplishments (among many)... yallerdawg Apr 2015 #28
"Crushed"? Kelvin Mace Apr 2015 #31
I'm going to remain polite, Monica... yallerdawg Apr 2015 #41
I am sorry Kelvin Mace Apr 2015 #43
Isn't misogyny 'hatred of women'? yallerdawg Apr 2015 #46
Umm, so what you are saying is that Kelvin Mace Apr 2015 #54
"As you see, the pros far outweigh the cons." Kelvin Mace Apr 2015 #29
Easier to be an ex-president than a president Michael_wood Apr 2015 #33
Bill Clinton ain't running for President. cherokeeprogressive Apr 2015 #34
No, he was a skilled president, not a great one hatrack Apr 2015 #36
...and in this thread we can see why Gore wasn't a shoe in... sigh... Don't allow FUD to kill DNC uponit7771 Apr 2015 #39
The best of the best...just like Hillary will be. ileus Apr 2015 #40
The Clinton Presidency: A Historic Era of Progress and Prosperity DemocratSinceBirth Apr 2015 #42
You didn't put down the Wall Street bill fadedrose Apr 2015 #44
In some ways. And certainly an electrifying charisma well-suited to public office closeupready Apr 2015 #45
If you are a center-right Democrat, then he's your guy. nt. Warren Stupidity Apr 2015 #49
Bill was a great president, and was great for the country NM_Birder Apr 2015 #56
Certainly in the context of comparing him to the assclowns that directly preceded and bullwinkle428 Apr 2015 #57
I love Big Dog! He was smeared by Congress and dragged through the mud by the M$M. Rex Apr 2015 #58
Read this: Dpm12 Apr 2015 #61
And this: Dpm12 Apr 2015 #62
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