In
1993, President Clinton and Vice President Gore (click here) launched their economic strategy:
(1) establishing fiscal discipline,
eliminating the budget deficit, keeping interest rates low, and spurring
private-sector investment;
(2) investing
in people through education, training, science, and research; and
(3) opening foreign markets so American workers can compete
abroad.
After eight years, the results of
President Clinton’s economic leadership are clear. Record budget deficits have
become record surpluses, 22 million new jobs have been created, unemployment
and core inflation are at their lowest levels in more than 30 years, and
America is in the midst of the longest economic expansion in our history....
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Clinton had no wars. Had it been necessary I am sure he would have engaged in a war, but, it was never necessary and the result was noted after September 11, 2001 when the entire world was at our side.
He valued women, as noted in the career oriented First Lady, to decide about their lives, their choices that allowed them to have an income or not, the Family - Medical Leave Act and one of his last acts as President was to call for an increase in the Minimum Wage.
He used diplomacy to open markets to trading 'online.' (new technology)
He valued women, as noted in the career oriented First Lady, to decide about their lives, their choices that allowed them to have an income or not, the Family - Medical Leave Act and one of his last acts as President was to call for an increase in the Minimum Wage.
Monday, January 8, 2001
Today, in his speech to the AFL-CIO, (click here) President Clinton will call on Congress to raise the minimum wage for millions of hard-pressed working Americans. To make up for lost time, lost wages, and the continued decline of in the purchasing power of the minimum wage, the President will call for an increase well over the $1.00 increase (to $6.15 an hour) he proposed last year....
The more money in the hands of the consumers, the stronger the economy.
He used diplomacy to open markets to trading 'online.' (new technology)
He increased the interest in the USA with tourism.
The peace quotient increased under Clinton as the USA was more or less an economic partner with other countries. (less military spending, increase in quality of life including education, etc. domestic)
William Jefferson Clinton had a plan and carried it out at every turn, including, expanding the markets overseas.
George Walker Bush had no plans and counted on USA natural resource consumption through deregulation as Reagan did before him, the economics of war and increasing the national debt.
PPI | Front & Center | October 18, 2004
Bush vs. Clinton: An Economic Performance Index (click here)
By Robert D. Atkinson and Julie Hutto
According to public opinion polls, most Americans feel the U.S. economy has been moving in the wrong direction. Indeed, an analysis of several important economic indicators shows they're right. In apples-to-apples comparisons of annualized data, these indicators of the country's economic well-being show mostly negative change during President George W. Bush's administration, compared to mostly positive change during President Bill Clinton's administration....Bush vs. Clinton: An Economic Performance Index (click here)
By Robert D. Atkinson and Julie Hutto
