Today, America is experiencing the longest period of growth and prosperity in our history. And cities are the engines driving that growth. Our metro economies have accounted for as much as 90 percent of Americas economic growth since 1992.
Because America has turned the biggest budget deficits in history into the biggest surpluses in history, we can now afford to do whats right for our cities, and reverse the urban neglect that defined federal policy in the 80s and early 90s.
That is exactly what Al Gore has worked to do these past eight years to build a future where there are good jobs, and growing businesses, in every community.
As Chairman of President Clintons Community Empowerment Board, Al Gore has led the administrations efforts at urban and rural revival. By creating hundreds of Empowerment Zones and Enterprise Communities, this approach has supported grassroots efforts to bring private investment and jobs to neglected communities, and to encourage businesses to invest in inner cities.
The empowerment initiative has:
In addition to leveraging billions of dollars in private investment and creating countless new jobs, these efforts also served as the model for the Clinton-Gore administrations New Markets Initiative. And it has resulted in a new bipartisan agreement to create a Round III of new Empowerment Zones across America.
Al Gore believes that for all our success, there are still too many people whose potential is not fully tapped. As we open markets around the world, he is committed to opening markets down the block and around the corner.
President and First Lady | Vice President and Mrs. Gore