On the recordMarch 23, 2000
Mr. Chairman, I wanted to just talk for just a few minutes about the economic condition of our country. I wanted to say that it is amazing the prosperity that we are experiencing and continue to experience, with many Americans every day getting up and watching the market, reading the economic reports with disbelief. I do not think this is just a wild happenstance that we have seen such economic growth and such economic progress. Number one, we have revived our tradition of free trade. When nations are able to trade across borders, it brings prosperity to everyone. That does not mean trade should supplant all values. But it does mean that the fundamental policy of free trade will lift all boats, as my friend Jack Kemp likes to say. He stole that, by the way, from John Kennedy. A free trade will, in fact, rise all boats. Secondly, of course, we have had new markets. With the fall of the Berlin Wall and with the ability to trade in many parts of the world that we could not trade before, we have been able to, not only experience and promote free trade, but we have been able to practice it with more opportunity because more nations can avail themselves of a unique opportunity to practice free enterprise and free markets and free trade. We also have had a policy of sound money. Obviously Alan Greenspan deserves a lot of the credit.…
Source
govinfo.gov




