This is a time of great opportunity for our country. Our economy is the envy of the world. Living standards are rising — and the gap between the rich and the poor is closing for the first time in 20 years. America is a powerful engine for the global economy, because we have met our responsibility to balance our budget, to begin paying down our debt, and to embrace our role in supporting free markets and economic growth among all nations.
IPI speech (2000)