Dazey
Rookie
Posts: 116
|
|
« Reply #1 on: May 26, 2015, 05:26:52 AM » |
|
I honestly don't give a damn if Serbs died. America comes first to me. That said, this is Clinton's record:
Average economic growth of 4.0% per year, compared to average growth of 2.8% 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%, 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% in 1993 to just 4.0% in January 2001. The unemployment rate was below 5% for 40 consecutive months.
Unemployment for African Americans fell from 14.2% in 1992 to 7.3% in 2000, the lowest rate on record. Unemployment for Hispanics fell from 11.8% in October 1992 to 5.0% in 2000, also the lowest rate on record.
Inflation dropped to its lowest rate since the Kennedy Administration, averaging 2.5%, and fell from 4.7% during the previous administration.
The homeownership rate reached 67.7% near the end of the Clinton administration, the highest rate on record. In contrast, the homeownership rate fell from 65.6% in the first quarter of 1981 to 63.7% in the first quarter of 1993.
The poverty rate also declined from 15.1% in 1993 to 11.8% 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.[88] The surplus in fiscal year 2000 was $237 billion—the third consecutive surplus and the largest surplus ever.
Clinton 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 1999, the number of welfare recipients dropped by 7.5 million (a 53% decline) to 6.6 million. In comparison, between 1981–1992, the number of welfare recipients increased by 2.5 million (a 22% increase) to 13.6 million people.
|