Today, we re in the midst of the longest economic boom in our nation s history.
Job creation is up and unemployment down.
Inflation is barely existent. And after three solid decades of budget deficits the federal government now faces its third year of surplus. Most Californians and most Americans have shared in this growing prosperity. Making sure that all share in it is the first challenge of the new millennium. But we shouldn t measure the state of the nation, as some are tempted to do, solely by how high the stock market goes.