I think that John Sweeney has it just about right. We ve had a good recovery. We ve created 10 million jobs. We ve got the unemployment rate down. Profits are up.
Productivity is up.
But it s still not being shared, and that s the problem, and I think that s what defines the next Clinton term. It s important to remember that Bill Clinton began by getting the basics right. His economics, his economic program has been organized around, sustained fiscal discipline, sound money, and expanded trade. These are the basic principles of mainstream economics. He got the fundamentals right, which is why we now have full employment, sustained full employment with low inflation, the strongest investment-led recovery in thirty or forty years, and finally real wages beginning to pick up.