Bill Clinton: Moving In

The inside story of how Clinton faced his first crisis -- and what it says about his leadership style

IN THE EARLY EVENING OF DEC. 7, A small group of economic advisers met secretly with Bill Clinton at Blair House in Washington. Their message was depressing: The long-term outlook for the nation's economy is worse than the public appreciates; the euphoria surrounding the latest growth figures is unfounded; and some of the underlying assumptions behind the economic plan Clinton embraced during the campaign are wrong. "Blair House," as it is now referred to in shorthand among a close circle of Clinton aides, was not a pleasant meeting. The President-elect feared that his advisers had misled him during the campaign, and...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!