After serving many years as governor of Arkansas, Democrat Bill Clinton was elected the 42nd President of the United States in 1992. He is remembered for signing the North American Free Trade Agreement (NAFTA), passing welfare reform, and balancing the budget, among other achievements. As he ended his second term, he noted the fast economic growth, low rates of unemployment and poverty, and other indicators of economic prosperity during his presidency. Democrats and Republicans disagree, however, about what led to the economic boom during his presidency. Listen to hear competing theories about causes of economic growth in the Clinton years.
Story Length: 8:34
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