a look back at the economy under Clinton
Why President Bill Clinton's Economic Policies Were Effective
BY KIMBERLY AMADEO
Updated May 30, 2019
William Jefferson Clinton was the 42nd U.S. president, serving from 1993 to 2001. He was the first Democratic president to win re-election since Franklin Roosevelt. Clinton is the most admired president in the past 25 years. Why is he so popular, despite being impeached? Primarily because his economic policies created a decade of prosperity. During his presidency:
More than 18.6 million new jobs were created, more than any other president.
Unemployment dropped from 7.5 percent to 4 percent.
Home ownership was 67.7 percent, the highest rate ever recorded.
The budget deficit dropped from $290 billion to a budget surplus of $128 billion.
The poverty rate dropped to 11.8 percent.
http://www.thebalance.com/president-bill-clinton-s-economic-policies-3305559
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