And we will either succeed together or fail separately. Today, five years later, we are succeeding together. America s economy is strong. President Clinton s economic program has produced almost 12 million jobs. The budget deficit has been cut by nearly two- thirds.
Inflation is low.
Today, it s fallen by more than one-third. More than 100,000 new African-American businesses have started. Let me also congratulate Detroit s visionary Mayor, Dennis Archer. But let me be perfectly clear. We know that.