Argument essay 3

He also raised minorities financial status in the

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Unformatted text preview: conomy afloat by commenting himself to fix the unemployment rate (Griffith). He also raised minorities’ financial status in the United States by giving them a chance to rise above poverty throughout his presidency. “The unemployment for African Americans and Hispanics fell to the lowest rates on record, and the rate for women is the lowest in more than 40 years”, and while this occurred many blacks were able to get out of poverty (Griffith). In the late 20th century, the American citizens were experiencing great wealth and prosperity under President Bill Clinton’s administration. Over 22 million jobs were created in less than eight years the most ever under a single administration; President Bill Clinton’s administration without a doubt expanded the job market and increased American’s ability to spend, which is consumption spending and it’s a main factor in the growth of the economy (Griffith). Bill Clinton’s time in office grew the economy longer than George Bush’s presidency, which ended the economy into a recession, and “Bill Clinton’s strategy of fiscal discipline, open foreign markets and investments in the U.S. helped many people that set a record of 115 months of economic expansion” (“Republicans Balance Federal Budgets”). The economy has grown ever since President Bill Clinton was in office until President George Bush was inaugurated in 2001. On the other hand, the unemployment rate in the Bush administration increased over 7%, which was not a sign of improvement compared to the Clinton administration. “The Bush administration created about three million jobs over its eight years, a fraction of the 23 million jobs created under President Bill Clinton‘s”, which obliviously illustrates that the Bush administration doesn’t come close to how affective the Clinton’s administration was to the United States economy growth (“Bush On Jobs: The Worst Track Record”).During that time, unemployment wa...
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