Clintonomics : How Bill Clinton Reengineered the Reagan Revolution

For years, a pervasive belief has reigned in American politics-that two of our most recent presidents had drastically opposing views of our economy and our world. Historians and economists alike have explored, extolled and criticized Ronald Reagan's presidency, particularly the theory of "Reaganomics," which affirmed that big government was the cause, not the solution, to our problems. In public, President Bill Clinton positioned his approach as the antidote to Reaganomics. But in reality, his governing philosophy was the logical corollary to the Reagan Revolution. Clintonomics explores how Clinton's presidency marked the return of fiscal discipline and the end of big government. Political scientist Jack Godwin reveals how Clinton succeeded where Reagan failed and how Clinton's ability to demystify, but not simplify, the world around us made him one of the most successful politicians of all time. He shows how Clinton succeeded by repairing the flaws in Reaganomics and then presenting a governing philosophy appropriate for the 21st century and equal to the powerful forces of globalization. Controversial and insightful, this book will redefine how we see the legacies of these two leaders-and the forces that helped define their influence on the world.