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erectiledisfunction Posted: 10:35:40 6th Aug 2004

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Location: United States

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In 1993, President Clinton and Vice President Gore 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.


President Clinton’s Record on the Economy: In 1992, 10 million Americans were unemployed, the country faced record deficits, and poverty and welfare rolls were growing. Family incomes were losing ground to inflation and jobs were being created at the slowest rate since the Great Depression. Today, America enjoys what may be the strongest economy ever.

Strong Economic Growth: Since President Clinton and Vice President Gore took office, economic growth has averaged 4.0 percent per year, compared to average growth of 2.8 percent during the Reagan-Bush years. The economy has grown for 116 consecutive months, the most in history.

Most New Jobs Ever Created Under a Single Administration: The economy has created more than 22.5 million jobs in less than eight years—the most jobs ever created under a single administration, and more than were created in the previous 12 years. Of the total new jobs, 20.7 million, or 92 percent, are in the private sector.

Median Family Income Up $6,000 since 1993: Economic gains have been made across the spectrum as family incomes increased for all Americans. Since 1993, real median family income has increased by $6,338, from $42,612 in 1993 to $48,950 in 1999 (in 1999 dollars).

Unemployment at Its Lowest Level in More than 30 Years: Overall unemployment has dropped to the lowest level in more than 30 years, down from 6.9 percent in 1993 to just 4.0 percent in November 2000. The unemployment rate has been below 5 percent for 40 consecutive months. Unemployment for African Americans has fallen from 14.2 percent in 1992 to 7.3 percent in October 2000, the lowest rate on record. Unemployment for Hispanics has fallen from 11.8 percent in October 1992 to 5.0 percent in October 2000, also the lowest rate on record.

Lowest Inflation since the 1960s: Inflation is at the lowest rate since the Kennedy Administration, averaging 2.5 percent, and it is down from 4.7 percent during the previous administration.

Highest Homeownership Rate on Record: The homeownership rate reached 67.7 percent for the third quarter of 2000, the highest rate on record. In contrast, the homeownership rate fell from 65.6 percent in the first quarter of 1981 to 63.7 percent in the first quarter of 1993.

7 Million Fewer Americans Living in Poverty: The poverty rate has declined from 15.1 percent in 1993 to 11.8 percent last year, the largest six-year drop in poverty in nearly 30 years. There are now 7 million fewer people in poverty than there were in 1993.




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erectiledisfunction Posted: 10:36:25 6th Aug 2004

Posts: 710

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Location: United States

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this was when clinton was in office




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erectiledisfunction Posted: 10:37:26 6th Aug 2004

Posts: 710

Topics: 52

Location: United States

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negotiate that mother fucker




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Negotiator Posted: 10:48:26 6th Aug 2004

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1. This is all long and good but where did you get this from?
2. Nothing in that quote is about national security.
3. Statistics show that at the end of clintons term the economy was going down.
4. One cannot blame bush for a bad economy because Clinton had such horrendus national security policies the WWC fell an there was the ENRON scandal none of which was Bush's fault. So before you go raving on about Clinton research all the facts not some of the biased ones from a website.




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Negotiator Posted: 10:50:01 6th Aug 2004

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Also the reason the economy was doing poorly was because in the past 30-40 years we were spendong money for the cold war. Building 25k+ nuclear weapons is not cheap. ;)




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"The object of war is not to die for your for country, but to let the other bastard die for his."- General Paton

ICQ # is 199 005 484
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erectiledisfunction Posted: 11:04:10 6th Aug 2004

Posts: 710

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so bush put that record down the shitter it doesnt matter how clinton got it...




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Negotiator Posted: 11:13:46 6th Aug 2004

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Yeah it does if Clinton had seen the warning the constant attacks by the Terrorists and had acted on it then we wouldnt have had the 9/11 tradgedy. And futhermore since i knew someone who died in one of the towers, I should be obliged to research the history of attacking by terrorists. I did. Clinton is to blame.




__________________________
"The object of war is not to die for your for country, but to let the other bastard die for his."- General Paton

ICQ # is 199 005 484
Proud AoC member

erectiledisfunction Posted: 12:17:18 6th Aug 2004

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Location: United States

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really... it was clintons fault even though 9/11 was 2 years after he was out of office lol




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erectiledisfunction Posted: 12:24:47 6th Aug 2004

Posts: 710

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Location: United States

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if clinton had gone to war and took over iraq i gaurantee you the World Trade Towers would still not be there today because it wasnt the terrorists from iraq.. they where from saudi arabia... either way bush led a war of aggression.. he violated many ganeva(sp?) convention laws... and hes lied time and time again about many different things...




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Negotiator Posted: 12:55:28 6th Aug 2004

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Location: United States

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violation-hanent researched but i doubt l
liying-no. the UN wrote thier statementsaying that they agreed with our conclusions that iraq had weapons of mass destruction. We gave the inspectors too much time to "inspect thhe place." I now believe that the WMD's are in syria or a neighboring country. Also about Saudia Arabia. If we were to invade saudia arabia you could kiss you gas prices good bye they would go through the roof and then you would blame bush for that too. You would also have no heat. Saudia Arabia knows that we know that they are essential to the US economy and its mobilization.

P.S geneva.




__________________________
"The object of war is not to die for your for country, but to let the other bastard die for his."- General Paton

ICQ # is 199 005 484
Proud AoC member

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