The Clinton economic plan has not paid off for middle America. According to a Labor Department report, the median weekly earnings of full-time workers--in real, inflation-adjusted terms--actually declined about 2 percent last year. In other words, Americans are working harder and getting less for it. What makes this so startling is that it occurred during a time when the economy was growing. This is just one reason why we need to move forward on our plan to cut taxes and balance the budget. American families need tax relief. American savers and investors need incentives. American workers need more job opportunities. Our plan will deliver all that. And it will be paid for by real reductions in government spending. Mr. Speaker, the Clinton administration has put the American family, the American saver, the American worker on a diet. We Republicans will put the Government on a diet.
Andrea Seastrand: “The Clinton economic plan has not paid off for middle America. According to a Labor Department report, the median weekly…”
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Addressing the impact of the Clinton economic plan on middle America.
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