Bill Clinton: “What I believe is that we are seeing the beginning of a recovery that--you can't say it's assured, because we're in a…”

“What I believe is that we are seeing the beginning of a recovery that--you can't say it's assured, because we're in a global economy, but it is clearly sustaining itself, based on American policies and without much help from overseas because of the very slow growth to no growth in Europe and because of the economic problems in Japan. Another reason I feel very strongly about NAFTA is that Latin America is the second fastest growing part of the world. They're actually increasing their incomes. They have a willingness and an ability, these countries do, to buy more American products. And in order to keep this recovery going and actually have it manifest itself in more jobs and higher incomes, we are going to have to have the ability to sell our products around the world. But yes, I think we're seeing the beginning of a very stable, long- term recovery. But keep in mind, there are many things we have to do. We are dealing in part with trends that have been 20 years in the making. And you just don't turn those around overnight.”