I'm not too sure about that; it is probably a little bit historical influence and a little bit the current actions. After all, are you really saying that Reagan's economic success was due to the policies of Ford & Carter?
Although the real truth is that the majority of what goes on in the economy is outside the power of the President, and even Congress.
But I can give Clinton direct credit for cutting military spending. For reducing welfare. For balancing the budget.
Just like I give Reagan credit for simplying the tax code and greatly investing in research and development.
Plan for eliminating the national debt in 10-20 years:
Specific cuts; defense spending: http://rolexian.wordpress.com/2011/01/03/more-detailed-look-a
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