A good chunk of that “fix” caused the hellscape we’re in today. He renewed the corn subsidies that encouraged overfarming, making high-fructose corn syrup less expensive than sugar. He also beefed up our trade and foreign investment relations with China which made it less expensive to manufacture overseas than domestically.
Corn syrup was cheaper than sugar well before Clinton. One of the main reasons for the “new coke” debacle in '85 was the switch from sugar to corn syrup.
Right. That was due to corn subsidies encouraging overproduction. Those expired under Clinton. We knew it was a problem, but he put the economy before our national health and renewed the subsidies.
My reasoning was that while those things changed over time/each president, the Clinton’s financial deregulation has affected decades of economy til this day, arguably including deficits under future president (after 2007 crisis especially).
Reagan dropped the highest individual rate from 50% to 28%
Clinton raised it to 35%, increased tax on gasoline and removed a lot of upper limits.
It’s the fakest shit to say they’re all on the same team.
Also, for one brief, shining moment we had no deficit under Clinton. I’m not a fan of his, but that was a thing.
A good chunk of that “fix” caused the hellscape we’re in today. He renewed the corn subsidies that encouraged overfarming, making high-fructose corn syrup less expensive than sugar. He also beefed up our trade and foreign investment relations with China which made it less expensive to manufacture overseas than domestically.
Corn syrup was cheaper than sugar well before Clinton. One of the main reasons for the “new coke” debacle in '85 was the switch from sugar to corn syrup.
Right. That was due to corn subsidies encouraging overproduction. Those expired under Clinton. We knew it was a problem, but he put the economy before our national health and renewed the subsidies.
Yes.
My reasoning was that while those things changed over time/each president, the Clinton’s financial deregulation has affected decades of economy til this day, arguably including deficits under future president (after 2007 crisis especially).
wiki/Economic_policy_of_the_Bill_Clinton_administration#Deregulation_of_banking
Almost as if we have to totally vote out the GOP.
Well, Clinton was blue-flavoured, not red.
So vote out anyone conservative or further right.