On the recordApril 2, 1996
The initial challenge was to try to get the economy turned around and get the deficit down, get the interest rates down, get the jobs coming back into the economy. Now the big frustration is how to make--how to get that economic benefit of--we have over 8 million new jobs in the economy. Unemployment is low, lower than the last 25-year average. But there's still a lot of people that feel uncer- tain, because things are changing so fast. And now the biggest challenge is figuring out how to keep the job machine going and still give the baseball fans in America, the working people, the security that they deserve while they are on the job, some certainty that if they work harder they can get a raise, they can have a retirement, they can provide health care for their kids, that kind of thing. And no one knows how to do this. It's a new challenge. We have never had a time before when we generated so many new jobs, and the economy was performing well, but we still have people uncertain out there. So that's our biggest challenge today.
Source
govinfo.gov




