The Clinton-Gore Economic Record: Strong and Sustained Growth


THE WHITE HOUSE
Office of the Press Secretary


For Immediate Release February 25, 2000



THE CLINTON-GORE ECONOMIC RECORD:
STRONG AND SUSTAINED ECONOMIC GROWTH

Today's Economic Data Shows That the Economy Grew 6.9 Percent in the Fourth Quarter. This is the strongest quarterly growth in over a decade. This brings growth for the four quarters of 1999 to 4.5 percent -- the fourth consecutive year of 4+ percent growth. This is the longest period of 4+ percent growth since the early 1960s. At the same time, America has created nearly 21 million new jobs since President Clinton came into office, enjoys the lowest unemployment rate in 30 years, and the lowest underlying core rate of inflation in over 35 years.

STRONG GROWTH WITH VIRTUALLY NONEXISTENT INFLATION

PRESIDENT CLINTON'S ECONOMIC GROWTH STRATEGY IS WORKING

  1. Maintaining Fiscal Discipline. In 1992, the budget deficit was $290 billion -- the largest dollar deficit on record. In 2000, the projected budget surplus is $167 billion -- the largest dollar surplus ever.

  2. Investing in the American People. For seven years, the President has worked to make critical investments in our people that are vital to a strong economy.

  3. Opening Markets Abroad and Leading The Global Economy. The President remains committed to expanding foreign markets for American goods and services and enforcing trade laws to ensure that all countries play by the rules.


What's New - February 2000

From Digital Divide to Digital Opportunity

Creation of the Presidents Council on the Future of Princeville, North Carolina

Strengthening Cyber Security through Public-Private Partnership

The Clinton-Gore Economic Record

American Heart Month, 2000

Cyber Security Budget Initiatives

FY2001 Climate Change Budget

Climate Change Technology Initiative

Action To Ban Genetic Discrimination In The Federal Workplace

Statement on Low Income Home Energy Assistance

Helping Our Communities Save Precious Lands

Steps to Ensure Full Participation in Census 2000

New Report on Gun Violence in Public Housing

Fact Sheet: Income Eligibility for LIHEAP Assistance February 19, 2000

Clinton-Gore Administration Announces New Actions to Improve Patient Safety

President Clinton Takes Action to Help Low-Income Families to Get on the Road to Work

Helping to Build the New Economy - February 24, 2000

President Clinton Calls for Passage of His Historic FY2001 Native American Initiative - February 25, 2000

International Clean Energy Initiative

The Clinton-Gore Economic Record: Strong and Sustained Growth

Report On Gun Industry

Working to Mitigate the Effects of High Home Heating Oil Prices

New Steps To Reduce Youth Smoking

Supporting Passenger Rail for Our Nations Transportation Future

National African American History Month, 2000

New State-By-State Report Demonstrating Urgent Need for Medicare Reform


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