future Social Security payments to the baby boomers -- remained. Economists, surprised at the combination of
rapid growth and continued low inflation, debated whether the United States had a "new economy" capable of
sustaining a faster growth rate than seemed possible based on the experiences of the previous 40 years. Finally,
the American economy was more closely intertwined with the global economy than it ever had been. Clinton, like his
predecessors, had continued to push for elimination of trade barriers. A North American Free Trade Agreement
(NAFTA) had further increased economic ties between the United States and its largest trading partners, Canada and
Mexico.
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