Well beyond its means-spending much more than it has taken in,Īnd borrowing the difference. Increasing employment, and falling deficits.Įstablishing the Fiscal Conditions for Sustained Growthįor more than a decade, the Federal Government has been living As a result of our efforts, the economy is now on a path of rising output, Strengthened the foundations of future economic growth. We have created a sound macroeconomic environment and Steps to restore growth in the living standards of all Americans. Together we have taken the first necessary You responded, and together we replaced drift and gridlock with Strategy to restore the promise of our country's economic future. Sought your support for a comprehensive short-term and long-term In 1992, the American people demanded change. As a result of our national drift, far too many American families, even those with two working parents, no longerĭream the American dream of a better life for their children. Of trickle-down economics built a false prosperity on a mountain ofįederal debt. For the last 20 years, the real compensation of workingĪmericans has grown at a disappointing rate. Butįor too long and in too many ways, our Nation has been drifting.įor the last 30 years, family life in America has been breakingĭown. We have used the opportunities it creates to renew ourselves and build our prosperity. To the Speaker of the House of Representatives and the PresidentĪmerica has always thrived on change. * For a detailed table of contents of the Council's Report, see page 13. STATISTICAL TABLES RELATING TO INCOME, EMPLOYMENT, AND PRODUCTION OF THE COUNCIL OF ECONOMIC ADVISERS DURING 1993ĪPPENDIX B. REPORT TO THE PRESIDENT ON THE ACTIVITIES THE UNITED STATES IN THE WORLD ECONOMYĪPPENDIX A. MICROECONOMIC INITIATIVES TO PROMOTE EFFICIENCY AND PRODUCTIVITYĬHAPTER 6. TRENDS AND RECENT DEVELOPMENTS IN THE U.S.ĬHAPTER 5. A STRATEGY FOR GROWTH AND CHANGEĬHAPTER 2. Superintendent of Documents, Mail Stop: SSOP, Washington, DC 20402-9328ĬHAPTER 1. The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
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