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OCR Page 1 of 29could the title
CEAREPORT
be changed ?
maybrud then we
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FIRST INTERAGENCY DRAFT 10/19/2000 Impsone of
PRELIMINARY & CLOSE HOLD
CHAPTER 5
AND
the family
OFFICIAL USE ONLY
WORKAMILY
CHAPTER 5 stuff?
LIVINGIN THE NEW ECONOMY
Smarhood
in In general we should other try to talk about topics as we have
THE CLINTON ADMINISTRATION FIRST came to office on a platform of "Putting
mark Family
People First." And indeed that pledge has been met. While the phrase "the new economy"
Shapter
typically brings to mind technological innovation and globalization, arguably one of the most
important outcomes has been the change in the well being of the American people. By virtually
If not,
any measure, Americans are better off today than they were eight years ago. Furthermore, as we
need to add
highlight in the chapter, many of these improvements have benefited those who have been
new
among the hardest to reach. Yet despite the dramatic gains, there is still more to do. Through a
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combination of public policy and continued economic growth the country can build upon its
WR
accompl.
recent successes and tackle the remaining problems.
dor +
can
provide more
Good News from the American Economy
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The record setting gains in the stock market and growth in the net worth of the wealthiest
individuals have received much attention in the popular press. What is noteworthy about this
economic expansion, however, is the breadth of its reach. The last few years in particular have
brought tremendous gains to the poorest segments of our society.
.
The gains in employment have been astounding. Since 1993, 22 million new jobs have
been created and more Americans are employed than ever before. The unemployment rate has
General comment: shold add samething an
emplayment of people u/ disabilities [let US
know 1 you need info.
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