And he supports programs that help people go on for four years of college and to graduate school, if they have the desire and the ability to do that. I want to stress that the President and Congress have a budget agreement, but now the funds must actually be authorized, and that includes the funds for many of his educational initiatives. 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.