So now we are all waiting and watching to see if Congress will actually provide the funds that are essential if we are to meet our educational goals. Education doesn't take place in a vacuum. Those of you who go in search of work this year will be entering an American economy that is the strongest it has been in many years. Unemployment is below five percent. We've seen more than 13 million jobs created since 1993.
Inflation is low and is stable.
Investment growth and consumer confidence are at their highest levels in a generation, and family incomes are starting to rise again. I confess that, like most people, I don't really understand our economy. But I do know one thing. This President has worked very hard on the economy, and made some tough decisions, and fought hard for a balanced budget and for trade agreements and tax policies that would create this strong economy and benefit working people who have to sink or swim in the economy, however good or bad it may be. I know how hard you and your teachers worked for those achievements.