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Serving as an amalgam of campaign rally and economics lecture, President Clinton's guest presentation was made before a crowd of nearly 4000 in Sewall Center at Robert Morris College. During the September 25th lecture, Clinton extolled his administration's economic record while also touting a new inflation-linked Treasury bond designed to allow savers to protect themselves against increases in the cost of living.
"Bond, You Say?"
These newly proposed Treasury bonds, to be issued in denominations as low as $1,000, are to go on sale next year, being linked to the consumer price index. The bonds, which would adjust accordingly to the inflation rate, were heralded by Clinton as a foundation in "which people can build their savings and their dreams."Getting Back On Track
Clinton's talk went on to address remarks made by the Republican front-runner, recalling that Dole's party has tried to dispute America as a whole "[being] on the right track": the economy is not growing as fast as it should and is forcing too many workers into insecure, low-wage jobs. Clinton countered that contention by arguing that statistics have shown that a majority of newly created jobs pay higher-than-average wages. After concluding his speech, Clinton gave his usual toothy grin to cameras, and took off to Philadelphia, by way of airplane.Visit the OnTV Bulletin Archive.
