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Reply #183: an economic policy that... [View All]

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wyldwolf Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-17-04 09:34 PM
Response to Reply #181
183. an economic policy that...
..expanded the Earned Income Tax Credit to cut the taxes of 15 million working families with incomes of $27,000 or less.

...an economic policy that created almost 6 million new jobs in the first two years of his Administration -- an average of 250,000 new jobs every month.

...an economic policy that created the largest deficit reduction plan in history, resulting in over $600 billion in deficit reduction.

15 million working families enjoyed tax relief under President Clinton's expanded Earned Income Tax Credit. Thanks to Clinton, the EITC lifted 4.3 million people out of poverty in 1998 alone.

Clinton increased funding for the Head Start program by 90 percent in FY 2000 so 880,000 children had a better chance to learn and grow.

Clinton forced the minimum wage up from $4.25 to $5.15 per hour and demanded an increase to $6.15.

The poverty rate fell from 15.1 percent in 1993 to 12.7 percent in 1998. That's the lowest poverty rate since 1979 and the largest five-year drop in poverty in nearly 30 years (1965-1970).

The African-American poverty rate dropped from 33.1 percent in 1993 to 26.1 percent in 1998 -- the lowest level ever recorded and the largest five-year drop in African-American poverty in more than a quarter century (1967-1972).

The poverty rate for Hispanics fell to the lowest level since 1979, and dropped to 25.6 percent in 1998.

African-American unemployment fell from 14.2 percent in 1992 to 7.3 percent in March 2000 -- the lowest rate on record.

The unemployment rate for Hispanics fell from 11.6 percent in 1992 to 6.3 percent in March 2000 -- and in the last year has been at the lowest rate on record.

For women the unemployment rate was 4.3 percent in March 2000, nearly the lowest since 1953 .

In 1999, the homeownership rate was 66.8 percent -- the highest ever recorded. Minority homeownership rates were also the highest ever recorded.

Under President Clinton and Vice President Gore, child poverty declined from 22.7 percent in 1993 to 18.9 percent in 1998 -- the biggest five-year drop in nearly 30 years.

...is THAT being right of center?

clinton's foreign policy (disregard/violations of international law. yugoslavia, sudan) and domestic policy (welfare "reform") places clinton on the right of the political spectrum.

Not this again. Where is it defined that intervening in a genocidal situation and going after a known terrorist is rightwing policy?

Yeah, President Clinton signed a bad "welfare reform" bill in 1996, but Clinton vetoed worse bills twice, winning concessions each time including - increased child care funding (by $4 billion), worker retraining, extensions for benefits, exceptions for "hard cases" and more.

And I did notice your use of "misconceptions spread by mainstream media in the us."

Misconceptions based on what? And who?






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