And one last issue I want to address is security, in particular, encryption.
Good security is essential.
If you don't have confidence your message or transaction will go only to its intended destination and will not be intercepted, and read, or changed by someone else e-commerce will never fulfill its potential. The President is trying to pursue a policy that balances law enforcement, national security, privacy and commercial interests. At the same time, that policy must be pursued in light of the realities of a global economy. This issue cannot be considered in a vacuum any more than any other economic issue. The reality is that encryption products are rapidly multiplying in the global market.