What did Bill Clinton mean when he described himself as a "New Democrat"?

Name: What did Bill Clinton mean when he described himself as a "New Democrat"?
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Bill Clinton described himself as a "New Democrat" to indicate that he had centrist political inclinations. This meant that he believed in a balance between liberal ideas, such as social welfare programs, and conservative ideas, such as a market-based economy. He believed in fiscal responsibility and advocated for free trade and welfare reform.

What Did Bill Clinton Mean When He Described Himself as a "New