On the recordJanuary 1, 1994
Good morning, and happy New Year. I hope you're enjoying this day with your family and your friends. I hope you feel that you have a lot to be thankful for on New Year's Day. I know that I certainly do. I am grateful that our economy is coming back to life, that optimism and direction are back. The deficit is down. Interest rates and inflation are down. Investments and consumer confidence are up. We have more trade opportunities with NAFTA and with the GATT world trade agreement. Millions of you have refinanced your homes and businesses. The private sector has created about a million and a half new jobs in just 10 months, more than were created in the previous 4 years. But our Nation is about more than economics. It's also about our sense of community, the obligations we have to each other. For too long we've been coming apart instead of coming together. In 1993, we began to reverse that, and I'm grateful. We established the national service program to allow our young people to serve their communities and earn money for their college educations. We reorganized the student loan program so that all students can now afford to borrow money from this program because they can repay on lower interest rates and based on the incomes they earn, not just the money they borrow. We made democracy more of a reality for millions of people with the motor voter bill, which makes it easier to register to vote.…
Source
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