its not a debate if the other person has no knowledge, no basis for anything... and has baseless uninformed opinions... which is you
i didnt say all time (ya idiot
![Smug Biden :smugbiden: :smugbiden:](https://www.thecoli.com/styles/default/xenforo/smilies/smugbiden.png)
) , i said in our lifetime.. and you do know its impossible for one president to fukking fix everything right? you can't be that dumb
just read this u cu.nt since you're too lazy to google
Economy: The Strongest Economy in a Generation
Longest Economic Expansion in U.S. History. In February 2000, the United States entered the 107th consecutive month of economic expansion - the longest economic expansion in history. [National Bureau of Economic Research and Council of Economic Advisors]
Moving From Record Deficits to Record Surplus. In 1992, the Federal budget deficit was $290 billion - the largest dollar deficit in American history. In January 1993, the Congressional Budget Office projected that the deficit would grow to $513 billion by 2001. The Office of Management and Budget is now projecting a surplus of at least $256 billion for FY 2001 - the fourth consecutive surplus and the ninth consecutive year of fiscal improvement, the longest such period in history. [Office of Management and Budget]
Paying Off the National Debt. Over the last three years, we have paid down $363 billion of the national debt. In December 2000, President Clinton announced that we are projected to pay down $237 billion in debt in 2001, bringing the four-year total to debt pay-down to $600 billion - the largest four-year debt pay-down ever. Debt reduction brings real benefits for the American people - a family with a home mortgage of $100,000 can expect to save roughly $2,000 per year in mortgage payments. Reduced debt also means lower interest rates and reduced payments on car loans and student loans. With the President's plan, we are now on track to eliminate the nation's publicly held debt by at least 2010.
More Than 22 Million New Jobs. 22.5 million new jobs have been created since 1993, the most jobs ever created under a single Administration - and more new jobs than Presidents Reagan and Bush created during their three terms. 92 percent (20.7 million) of the new jobs have been created in the private sector, the highest percentage in 50 years. Under President Clinton and Vice President Gore, the economy has added an average of 236,000 jobs per month, the highest of any President on record. This compares to 52,000 per month under President Bush and 167,000 per month under President Reagan. [Bureau of Labor Statistics]
Unemployment Is the Lowest in Over Three Decades. Unemployment is down from 7.5 percent in 1992 to 4.0 percent in November 2000, nearly the lowest in more than three decades. The unemployment rate has fallen for seven years in a row, and has remained below 5 percent for 42 months in a row - over three full years. Unemployment for African-Americans fell to the lowest level ever recorded, and for Hispanics it remains at historic lows. [Bureau of Labor Statistics]
Fastest and Longest Real Wage Growth in Over Three Decades. In the last 12 months, average hourly earnings have increased 4.0 percent. The United States has had five consecutive years of real wage growth -- the longest consecutive increase since the 1960s. Since 1993, real wages are up 6.8 percent, after declining 4.3 percent during the Reagan and Bush years. [National Economic Council, 11/00]
Most Rapid Growth in Construction Jobs in 50 Years. After losing 662,000 jobs in construction during the previous four years, 2.2 million new construction jobs have been added during the Clinton-Gore years - that's a faster annual rate (5.4 percent) than any other Administration since Harry S. Truman was President.
Highest Homeownership Rate in History. The homeownership rate reached 67.7 percent in the third quarter of 2000, the highest ever recorded. Minority homeownership rates were also the highest ever recorded. There are almost 10 million more homeowners than in 1993. 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. [Bureau of the Census, 10/26/00]
Household Income Breaks $40,000 for First Time in History. Income for median households rose $1,072, or 2.7 percent, from $39,744 in 1998 to $40,816, marking an unprecedented fifth year of significant growth in income. In 1999, the median income of African American households increased from $25,911 in 1998 to $27,910 -- an increase of $1,999, or 7.7 percent, which is the largest one-year increase ever recorded. The median income of Hispanic households, adjusted for inflation, increased from $28,956 in 1998 to $30,735 in 1999 -- an increase of $1,779, or 6.1 percent, which is the largest one-year increase ever recorded. [Census Bureau, Money Income in the United States: 1999, 9/26/00]
Lowest Poverty Rate Since 1979. In 1999, the poverty rate dropped from 12.7 percent to 11.8 percent, the lowest rate in two decades. Since President Clinton and Vice President Gore passed their Economic Plan in 1993, the poverty rate has declined from 15.1 percent to 11.8 percent in 1999 - the largest six-year drop in poverty in nearly 30 years (1964-1970). There are now 7 million fewer people living in poverty than in 1993, and over 2.2 million, or over 30 percent, of this decline occurred during the past year. [Census Bureau, Poverty in the United States: 1999, 9/26/00]
Largest One-Year Drop in Child Poverty in More than Three Decades. Under President Clinton and Vice President Gore child poverty has dropped by 25.6 percent -- from 22.7 percent in 1993 to 16.9 percent in 1999. While this is still too high, it is the lowest child poverty rate since 1979 and includes the largest one-year decline since 1966, which occurred from 1998 to 1999. The African American child poverty rate has fallen 28.2 percent since 1993, and dropped from 36.7 percent in 1998 to 33.1 percent in 1999 -- the largest one-year drop in history and the lowest level on record (data collected since 1959). The Hispanic child poverty rate has fallen by 26 percent since 1993, and dropped from 25.6 percent in 1998 to 22.8 percent in 1999 -- the lowest level since 1979. [Census Bureau, Poverty in the United States: 1999, 9/26/00]