Reality Check

PRESIDENT CLINTON SAYS his Administration deserves credit for the recent good economic news--faster growth, falling unemployment, surging productivity and investment, low interest rates, and negligible inflation. "We are reversing economic policies that were in place for 12 years," Clinton said on Dec. 3, after the jobless rate for November fell to 6.4%, the steepest monthly drop in 10 years. "We have a long way to go, but we are moving in the right direction."

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