Bill Clinton's golden moment

Article Abstract:

President Bill Clinton is likely to impress European leaders at the Summit of Eight Industrialized Nations but there is more than meets the eye regarding the credit that Clinton should receive and the prospects of economic development that the US currently enjoys. However, despite the booming economic activity, a low savings rate, coupled with a tightening labor supply will likely put pressure on the country's economic growth.

Editorial, Economic indicators

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Can happy days be here again?

Article Abstract:

The continuing economic expansion in the US is likely to assure that Clinton will be re-elected president. Most analysts believe that interest rates will rise moderately, but that this will serve only to facilitate economic recovery.

Political activity, Economic development

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Overselling the surplus

Article Abstract:

Pres Clinton claims that the budget surplus is due to tough discipline on the part of Americans and to legislative actions in Congress. Far more important were reduced defense spending and lower health care costs.

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