The Clinton-Gore Economic Record: Strong and Sustained Economic Growth

Office of the Press Secretary

For Immediate Release January 27, 2000


Today's Economic Data Shows That the Economy Grew 4.2 Percent in 1999 -- the Fourth Consecutive Year of 4+ Percent Growth. Today, the Commerce Department announced that its advanced estimate of GDP growth in the fourth quarter was 5.8 percent. This brings growth in 1999 to 4.2 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 more than 20 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.



  1. Maintaining Fiscal Discipline. In 1992, the budget deficit was $290 billion -- the largest dollar deficit on record. In 1999, the budget surplus was $124 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 - January 2000

African American History Month

Protecting America's Natural and Historic Treasures

Remarks by Samuel Berger to the National Press Club

The Lowest Unemployment Rate in 30 Years

President Clinton Announces Bioenergy & Bioproducts Tax Incentives January 27, 2000

President Clinton Proposes to Expand the Earned Income Tax Credit

Unprecedented National Effort to Improve Our Nation's Schools by Dramatically Increasing Accountability and Investment

FY2001 New Opportunity Agenda

FY2001 Budget & New Opportunity Agenda

President Clinton Unveils First Accounts

Major New Increase in Funding to Determine Environmental Causes of Disease

New Public-Private Partnerships to Increase Aviation Safety

President Clinton Unveils Largest Ever National Gun Enforcement Initiative

New Multimillion Dollar Increase to Combat HIV and AIDS

The President Triples His Long-Term Care Tax Credit

Major New Health Insurance Initiative

A New Opportunity Agenda for Higher Education: Making Critical Investments in Education and Training

College Opportunity Tax Cut: Providing Tax Incentives to Make Higher Education More Affordable

Nearly a $3 Billion Increase in 21st Century Research Fund

Promoting Bioenergy and Biobased Products

Information Technology For the 21st Century

Remarks by the President at Event Commemorating End of Ramadan

Remarks by the President At America's Millennium Gala - The Lincoln Memorial

Clinton-Gore Administration Proposes Record

National Nanotechnology Initiative: Leading to the Next Industrial Revolution

Getting the Job Done for the American People in 2000

Proclamation: Martin Luther King, Jr., Federal Holiday, 2000

President Clinton Announces New Equal Pay Initiative

Largest Ever National Gun Enforcement Initiative, January 18, 2000

New Responsible Fatherhood Initiative to Promote Work and Boost Child Support Payments

2001 Budget Will Pay Down Debt by 2013

President Clinton Proposes State Licenses for Handgun Purchases

The Clinton-Gore Economic Record: Strong and Sustained Economic Growth

Revitalizing America's Cities

President Clinton Unveils Millennium Initiative to Promote Delivery of Existing Vaccines in Developing Countries and Accelerate Development of New Vaccines

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