The Clinton presidency left America with record economic growth and prosperity:
• Average economic growth of 4.0 percent per year, compared to average growth of 2.8 percent during the previous years. The economy grew for 116 consecutive months, the most in history.
• Creation of more than 22.5 million jobs—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, were in the private sector.
• Economic gains spurred an increase in family incomes for all Americans. Since 1993, real median family income increased by $6,338, from $42,612 in 1993 to $48,950 in 1999 (in 1999 dollars).
• Overall unemployment dropped to the lowest level in more than 30 years, down from 6.9 percent in 1993 to just 4.0 percent in January 2001. The unemployment rate was below 5 percent for 40 consecutive months. Unemployment for African Americans fell from 14.2 percent in 1992 to 7.3 percent in 2000, the lowest rate on record. Unemployment for Hispanics fell from 11.8 percent in October 1992 to 5.0 percent in 2000, also the lowest rate on record.
• Inflation dropped to its lowest rate since the Kennedy Administration, averaging 2.5 percent, and fell from 4.7 percent during the previous administration.
• The homeownership rate reached 67.7 percent near the end of the Clinton administration, 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.
• The poverty rate also declined from 15.1 percent in 1993 to 11.8 percent in 1999, the largest six-year drop in poverty in nearly 30 years. This left 7 million fewer people in poverty than there were in 1993.
• The surplus in fiscal year 2000 was $237 billion—the third consecutive surplus and the largest surplus ever.
• President Clinton reached across the aisle and worked with the Republican-led Congress to enact welfare reform. As a result, welfare rolls dropped dramatically and were the lowest since 1969. Between January 1993 and September of 1999, the number of welfare recipients dropped by 7.5 million (a 53 percent decline) to 6.6 million. In comparison, between 1981-1992, the number of welfare recipients increased by 2.5 million (a 22 percent increase) to 13.6 million people.
2007-12-11 17:44:14
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answer #1
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answered by AB17 4
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A highwater mark between Bush One and Bush Two.... An example of how to delegate authority when wielding the power of the Presidency in Clinton's case one of the best Presidential Cabinents ever; Warren M. Christopher 1993 – 1997, Madeleine K. Albright, Lloyd Bentsen 1993 – 1994
Robert E. Rubin 1995 – 1999, Les Aspin. Bruce Babbitt and Donna Shalala, among many others all quite brilliant.
Clinton's impact has not been lasting since GEO W has wroked hard to undo any lingering benefits. Clinton left America Strong & Respected across the Globe a situation unlike that in 2007.......
Eight years of economic prosperity and responsible spending.
It can be argued that Bill Clinton was imperfect, and in a nation that condemns any sexual activity other than producing children and more children - - - Bill can be viewed as deeply flawed - - - but he was a darn good Prez especially contrasted to the man who seized the Presidency from Al Gore.
Peace.................. -- o o o p p p o o o p p p o o
2007-12-12 01:38:53
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answer #2
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answered by JVHawai'i 7
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Hillary has no impact now and never will.. She is nothing but a Presidents wife who seems to think that qualifies her for becoming President.. She'll do ANYTHING for a vote and if by some mis-hap (gender voting) she becomes President she will completely destroy this country.. Can you imagine her talking to some of these world leaders? She will be the joke of the world.
2007-12-12 22:10:42
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answer #3
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answered by Ditka 7
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Bill Clinton's impact
Lower federal taxes
Lower Government spending
Lower deficit
Less warheads
Lower poverty
Lower crime rate
Lower unemployment
Senator Clinton's impact
End the war
Health-care
See list above
2007-12-12 01:38:08
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answer #4
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answered by GO HILLARY 7
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his economic policies...he truly cares about the average man, the clintons policies are aimed directly at the middle class...he represented peace, and is loved by the world.
he is a politician and does lie like any other prez, but we do know where he stands on taxes and the economy.read alan greenspans(republican) new book.he said clinton was the smartest prez he ever worked with when it came to numbers, and the economy.
2007-12-12 01:36:27
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answer #5
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answered by moderation 2
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Clinton maintained the status quo.
At the beginning of his term, we were at peace and our economy was humming along. We had an embargo against Iraq and terrorism was slowly growing.
At the end of his term, he had ruined nothing and gained nothing. His terms were basically blah until he hired a few interns and took the oval office into the tabloids.
He actually didn't do anything for our economy, but to his credit, he didn't derail our slow GDP growth. Maintaining is just as respectable as improving.
...and there was still an embargo against Iraq.
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To the guy below me: if Clinton "felt our pain", why did he raise our taxes across the board?
2007-12-12 01:31:15
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answer #6
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answered by Anonymous
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clinton was the best president we had since carter. he practicaly saved the country after regan and bush. if it wasnt for him bush wouldnt have ad to work so hard to screw up the nation.
2007-12-12 01:41:42
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answer #7
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answered by Anonymous
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Lowered expectations and ethics, of the office of President.
2007-12-12 01:29:47
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answer #8
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answered by Robert S 6
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Lower standards for the office of the president.
and hours of entertainment on Y!A!
2007-12-12 01:36:55
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answer #9
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answered by Erinyes 6
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Monica Lewinsky's navy blue dress...and dark red lipstick.
2007-12-12 03:19:53
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answer #10
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answered by Liza 7
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