deregulation

Examples of deregulation in the following topics:

• Clinton's Promise of Change

  • Bill Clinton epitomized the New Democrat ideology with his focus on improving the economy and economic deregulation.
  • The New Democrats were more open to deregulation than the previous Democratic leadership had been.
  • This was especially evident in the large scale deregulation of agriculture and the telecommunications industries.

• Economic Stagnation

  • Jimmy Carter’s administration began with great promise, but his efforts to improve the economy through deregulation largely failed.
  • Jimmy Carter’s administration began with great promise, but his efforts to improve the economy through deregulation largely failed.
  • One related measure approved by Congress during the presidency of Gerald Ford, the Energy Policy and Conservation Act of 1975, gave presidents the authority to deregulate prices of domestic oil, and Carter exercised this option on July 1, 1979, as a means of encouraging both oil production and conservation.
  • The Carter Administration remained fiscally conservative during both growth and recession periods, vetoing numerous spending increases while enacting deregulation in the energy and transportation sectors and sharply reducing the top capital gains tax rate.

• Energy and Environmental Reform

  • Carter's Energy Crisis responses included deregulation of American oil production, leading to an increase in American oil production.
  • In April of the same year, President Carter began a phased deregulation of oil prices.
  • Deregulating domestic oil price controls allowed U.S. oil output to rise sharply from the Prudhoe Bay fields, although oil imports fell sharply.
  • Additionally, as part of his administration's efforts at deregulation, Carter proposed removing price controls that had been imposed in the administration of Richard Nixon before the 1973 crisis.

• Free Enterprise Economics and Reaganomics

  • Reaganomics also included the deregulation of industry and higher interest rates to control inflation; however, these initiatives preceded Reagan and were conceived in the Carter administration.
  • Reagan also focused on deregulating industry and weakening the power of labor unions.
  • Banks and savings and loan associations were deregulated.

• The Reagan Administration

  • His supply-side economic policies, dubbed "Reaganomics", advocated reducing tax rates to spur economic growth, controlling the money supply to reduce inflation, deregulating the economy, and reducing government spending.

• The Carter Administration

  • Jimmy Carter’s administration began with great promise, but his efforts to improve the economy through deregulation largely failed.

• "The War on Poverty"

  • Deregulation, growing criticism of the welfare state, and an ideological shift to conservatism in the 1980s and 1990s culminated in the Personal Responsibility and Work Opportunity Act of 1996, which, in the words of President Clinton, "end[ed] welfare as we know it

• The 1992 Election

  • During his campaign, Bill Clinton described himself as a New Democrat, a member of a faction of the Democratic Party that, like the Republicans, favored free trade and deregulation.

• Domestic Policies

  • His deregulation of major industries, such as aviation and trucking, was intended to force large companies to become more competitive.

• Conclusion: Political Crises in the 70s and 80s

  • Jimmy Carter’s administration began with great promise, but his efforts to improve the economy through deregulation largely failed.