United States public miss the "new economy" in Hillary's favor

In recent days, the United States and the various media of interest to the United States first Lady Hillary before. Recently published by the United States the newspaper "reported the current United States Senator Hillary Clinton is · set up to run for the next United States President to the required infrastructure and related logistical measures.　　The world on the United States in 2008 was born its first woman President, full of expectation. Since the Clinton presidency, Hilary to first lady's identity is the world's attention. In the 2004 presidential elections, despite Hillary · Clinton said it could not participate in the 2004 United States presidential election, but no matter where she is the democratic camp in the most public welcome. Opinion poll shows Hillary in popularity over the 2004 Democratic presidential candidate about 4 times.

In fact, she is in the United States get so high public support does not solely rely on her personal abilities, and people in memory of Clinton's economic situation. Clinton in place, so that the United States is unprecedented in the history of the last years of economic development, the "new economy" concept also allows the United States truly become the world leader.

In the early 1990s, the United States public chose Clinton, is a United States public awareness of the economic policies of the Bush era. At that time the United States has not from 70-80 years of economic stagnation came out in full. But Bush's Gulf war made a further increase in international oil prices, leading to the United States and the economic recession, huge budget deficits and huge payments deficits. In the international community, the United States international status has also been a Germany, Japan and other countries economy rising challenges. Government huge deficit makes voters to Bush address domestic economic issues has lost confidence.

History always surprisingly similar, but these difficulties is the United States currently faces. Only this time the United States is no longer a challenge in Japan and Germany, but is growing in China, India, represented by emerging market countries.

It is well known, as the United States legal restrictions, young Clinton two consecutive presidential after resting at home. Today, Clinton still thinking clearly, United States public on Clinton can help his wife and then create a new era full of hope that is the very nature of things. This expectation can achieve? Clinton again acts as a hero to save the United States economy? with such doubts, I read the economic history of the United States President, allow the author to United States public this looks forward to doubt it. Clinton's new economy actually is "computer and high technology" as the representative of the high-tech boom and is not derived from Clinton, more should be attributed to the United States has died of former President Ronald Reagan.

In the history of world economics, Ronald Reagan might be the only one able to par President and Roosevelt, or it may be only two to be able to load the economics book of President.

In 1929 the outbreak of world economic crisis, the Roosevelt had Keynes's inner box intervention by the Government in economic thinking, break the traditional concept of the classical free-market economy, highlighted the Government's "see the hand" on the role of economic development. This created a Keynesian macroeconomics, economics also mainstream into Cairns, Cairns of macro-economic ideology became States follow the basic principles.

But 70-80 's of the world economy is widespread phenomenon of "stagflation", i.e., economic stagnation, price inflation, this marks the failed Keynesian economics.