Bill Clinton: “Good morning. I've just returned from Europe where I commemorated the 50th anniversary of the Marshall plan, which…”

“Good morning. I've just returned from Europe where I commemorated the 50th anniversary of the Marshall plan, which joined America's investment to Europe's commitment to rebuild and, in so doing, helped to spark 50 years of prosperity, not only for Europe but for America as well. I also had the opportunity to discuss with leaders of Europe the present success of our economy and what we can do together to promote prosperity in the new democracies of Central and Eastern Europe in ways that will ensure their prosperity and ours for the next 50 years. This morning I want to talk with you about the new economic policy we brought to America for the last 4\1/2\ years and how our balanced budget and tax cut plans can help in creating jobs, raising incomes, strengthening business, and moving America forward in the years to come. Recall for a moment what America's economy looked like 4 years ago: high unemployment, few new jobs, stagnant wages, exploding budget deficits. I took office determined to replace trickle-down economics with invest-and-grow economics. There were three principal elements to our strategy: reduce the budget deficit; and invest in the education, training, and security of working men and women and our children; and open new markets for American-made goods and services through tough trade agreements.…”