This debate moment was not only empathetic and real, but it’s what a real income inequality revolution looks like. Bill Clinton imploring a nation to want much better than the Reagan/Bush era and to follow him to that place.
America did indeed follow President Clinton and at the end of his two terms, the economic results were outstanding and tangible.
President Bill Clinton was in fact a great President. His economic record has no equal and any of the candidates running for President would love to end a two term Presidency with his economic record. Any of them and don't kid yourself.
Less people in poverty. Higher incomes at all levels. Those two accomplishments alone are what some would call an economic revolution. You take a country that’s going backwards real fast in those two metrics, you completely turn it around and in the process you expand economic opportunity for all.
clinton5.nara.gov/...
Longest economic expansion in American History
More than 22 million new jobs
Highest homeownership in American history
Lowest unemployment in 30 years
-
Higher incomes at all levels
After falling by nearly $2,000 between 1988 and 1992, the median family's income rose by $6,338, after adjusting for inflation, since 1993. African American family income increased even more, rising by nearly $7,000 since 1993. After years of stagnant income growth among average and lower income families, all income brackets experienced double-digit growth since 1993. The bottom 20 percent saw the largest income growth at 16.3 percent.
-
Lowest poverty rate in 20 years
Since Congress passed President Clinton's Economic Plan in 1993, the poverty rate declined from 15.1 percent to 11.8 percent last year — the largest six-year drop in poverty in nearly 30 years. There are now 7 million fewer people in poverty than in 1993. The child poverty rate declined more than 25 percent, the poverty rates for single mothers, African Americans and the elderly have dropped to their lowest levels on record, and Hispanic poverty dropped to its lowest level since 1979.
It’s interesting to me that President Clinton's economic accomplishments mirror Bernie Sanders goals in many ways, yet we have some here that don't see it that way and want to distance these economic accomplishments from Sanders.
To those who question whether Bill Clinton is in fact a Democrat and is some kind of enabler of right-wing policies, the economic results don't lie. He delivered a real economic revolution, with tangible results and America was definitely better off after these amazing economic accomplishments. I personally would want the 90’s under President Clinton back in a heartbeat.
I’ll leave you now with Bill Clinton’s 2012 nomination speech of President Obama. If you want to hear the real differences between Democrats and Republicans, then watch his speech.
President Obama called Bill Clinton, "the secretary of explaining stuff" and he was right on the mark in this speech. Bill Clinton was indeed a great President!