[Congressional Record Volume 142, Number 102 (Thursday, July 11, 1996)]
[House]
[Page H7269]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




             CLINTON ADMINISTRATION ECONOMIC POLICY EFFECTS

  (Mr. WALKER asked and was given permission to address the House for 1 
minute.)
  Mr. WALKER. Mr. Speaker, many Americans feel that under the Clinton 
administration economic policies, they are worse off. The reason why 
they feel that way is because they are worse off.
  Under Clinton administration economic policies, real median family 
income has had a zero annual growth rate. That compares with a 1.7-
percent annual growth rate between 1983 and 1989.
  Under Clinton administration policies, wages and salaries declined by 
2.3 percent between March 1994 and March 1995, the largest drop on 
record in the post World War II era. Under Clinton administration 
policies, real average weekly earnings fell in 1995 by three-tenths of 
1 percent. Under Clinton administration policies, the median household 
has lost eight-tenths of 1 percent of their purchasing power.
  The Nation has seen the GDP grow at 1.4 percent. That is one-third of 
the economic growth during the Reagan years.
  Under Clinton, had normal recovery circumstances applied, 11.2 
million jobs would have been created. Clinton only got 7.7 million 
jobs. We have had a bad economic performance under this President.

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