The Park Place Economist


Barb Kube '94


Elected on a platform for change, Bill Clinton neither wasted time nor minced words as he outlined his Vision of Change for America during his first State of the Union Address.President Clinton has proposed a comprehensive economic recovery plan aimed at reducing the deficit by $477 billion over the next five years, as well as simultaneously providing short-term relief and long-term solutions to the puzzles of unemployment and sluggish growth. In general, Clinton intends to meet these seemingly contradictory objectives by (1) revising tax codes, (2) instituting growth initiatives and (3) reducing government spending.