[Weekly Compilation of Presidential Documents Volume 32, Number 10 (Monday, March 11, 1996)]
[Page 447]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Statement on the National Economy

March 8, 1996

    Four years ago, I said if America met its economic challenge by 
bringing down the deficit, investing in education and training, 
rewarding work, and opening markets, we could spur a strong recovery 
that could help this economy create 8 million jobs in 4 years. It is a 
tribute to the hard work, ingenuity, and strength of the American people 
that our economy has created more than 8 million jobs in just 3 years 
instead of 4.
    Even as we celebrate the creation of 8.4 million jobs, we must 
remember that much more must be done to ensure that our economy is 
working for all of our working families. This is no time to rest or move 
backwards. To keep America's job machine humming and our economy 
growing, we must get back to work on balancing the budget in a way that 
puts our people first.