Bill Clinton won the presidency by promising the “most dramatic economic growth program since World War II.” In contrast to Bush, who offered no solutions to economic problems (he barely recognized any), Clinton emphasized the need to create millions of high-wage jobs, provide tax relief to working families, expand training and education, and ensure affordable health care for every citizen.
Clinton inherits a sluggish economy savaged by twelve years of Republican mismanage- ment. The economy is stuck with high business, consumer, and government debt; a glut of empty office buildings; falling defense spending that is especially hurting New England and Southern California; state and local budget problems; inadequate productive investment; stagnant wages and faltering economies in Europe and Japan that are holding down demand for U.S. exports....
For just $19.95 a year, get access to new issues and decades' worth of archives on our site.
Print + Online
For $29.95 a year, get new issues delivered to your door and access to our full online archives.