And we value old friends in America. Just look at what we are doing with John Glenn this week. We're launching him into space again after all those years. While much of the rest of the world is in turmoil, our economies are growing and still in good shape. The U.S. business community has added almost 17 million jobs since President Clinton took office.
Inflation is at historic lows.
Interest rates are down. For Europe, it is economic springtime. We see sustained growth of 2.5 to 3 percent a year. Inflation poses no significant threat. And consumer spending is on the rise.