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Industry: Email Alert RSS FeedRemarks at Michigan State University in East Lansing, Michigan
Weekly Compilation of Presidential Documents, Jan 15, 2001
You know, my history with Michigan is profoundly important to the opportunity I have had to serve as President. It began with the primary victory here on St. Patrick's Day in 1992. It included two general elections in which the people of Michigan were kind enough to give me their electoral votes. And thanks for making it three in a row last November.
I first visited this campus in 1992. I've come here for debates, rallies, and whistle-stop tours. I was the first President since Theodore Roosevelt to speak here while in office. I imagine I'm the only one to speak here twice. Let me tell you, every time I've come here, I've learned something. And even though 8 years is longer than it takes most of you to get a degree, my Michigan State education is just about complete.
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When I came here--unbelievably, almost 9 years ago now--our economy was profoundly troubled and our society was divided. In 1992 there were riots in Los Angeles and troubling signs of social division elsewhere. I talked to college students in my home State of Arkansas who said they were dropping out of school because they couldn't afford to borrow any more money and they didn't believe they could get a good job when they got out and pay their loans back. I met college students in every State in the country, including Michigan, who were afraid they wouldn't get a job, even with their diploma.
I met union workers who thought they would either never work again, or if they did, they'd never in their lives get a job paying the same amount that they were making before they lost their previous job. Industrial production had actually declined that year, for the first time in the history of the United States. Average family income fell by $1,600 in just 2 years. The Federal deficit was $290 billion and rising. The national debt had quadrupled over the previous 12 years. Interest rates were high. Growth was low. The confidence of the American people was shaken. And just as bad, it had been 13 years since the Spartans had won a national championship. [Laughter] It was not the best of times.
And I asked the American people to send me to Washington for a little while, on a mission--a mission to build a 21st century America with opportunity for all, responsibility from all citizens, and a community of all Americans. I committed to do my best to build a new kind of National Government, one that would focus on the future and on providing all of our citizens with the conditions and tools necessary to build their own lives and make the most of America's future.
Well, thanks to the good people of Michigan, and people like you across this country, Al Gore and I got the precious chance to spend 8 years in Washington, puffing people first, getting the economy going again, improving social and environmental conditions, advancing peace, freedom, and prosperity around the world, and building a Government ready to make the most of this new century.
Now, I want to talk just a little about what happened, because it's important, when you look to the future, to know what happened in the recent past and how it brought us to this present.
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