Restoring the Economy

“I am going to focus like a laser beam on this economy.”

– President Clinton, November 4, 1998

restoring the economy 1As Bill Clinton took office following the 1992 election, the United States faced rising interest rates and large government deficits. He proposed a new three part economic system composed of balancing the federal budget for the first time in a generation, making investments in technology, and opening new markets to products from the United States. The country saw its largest peacetime economic expansion in history and was met with record surpluses and higher income for all economic classes. In addition to objects and archival records, the story of this economic advancement is told with video of President Clinton outlining his plan, and a timeline of the economic growth the country experienced.