Bill Clinton says that the government must shape a 21st century revolution. He carried on in his last state of the union address making all kinds of proposals ranging from healthcare, fighting crime and education to name a few. He says they must focus on the middle class, proposing a 350 billion dollar tax cut. But exactly how does he propose this shaping take place, and how will it effect our economy?
I would like to focus on what he proposed for education. He says the government spends $15 billion a year in our schools. He proposes schools that show progress get rewarded for it. The way to do that is to bring in the best trained teachers, and by having more after school programs to help kids in problem areas. Also he says they need to make schools more up to date, by connecting all classrooms to the Internet. In 1994 only 3% of the classrooms had access now 90% of schools have at least one internet connection.
Clinton wants to make the American dream affordable for everyone. By making pell grants larger, having more affordable student loans, hope scholarships, and education IRA's. It would make it more possible for peo
Now another issue that clinton brought up was health care. He had all kinds of ideas on how to spend money on healthcare but is it really worth it? In 1997 the children's health insurance program was passed. So far there are approximately 2 million children enrolled the goal there is 5 million. Also there are over 40 million Americans that don't have any insurance at all. A large portion of those are people between the ages of 55 and 65. Clinton says Medicare needs to be strengthened and modernized. In his budget he dedicates $400 billion to Medicare that will keep it solvent past 2025.
One more thing I would like to touch on is a proposal Clinton made on childcare. He says parents spend a quarter of their earnings on childcare. He says that the childcare tax credit should be up to $2,400 for people that make under $30,000 a year. He says that last year alone the government provided childcare for 2 million children.
I do not think following though on these proposals will have a bad effect on the economy. If anything I think it will just strengthen the economy. If more people got a better education and were able to affor
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