Four years ago, you and I set forth on a journey to bring our vision to our country, to keep the American Dream alive for all who were willing to work for it, to make our American community stronger, to keep America the world's strongest force for peace and freedom and prosperity.
Four years ago, with high unemployment, stagnant wages, crime, welfare, and the deficit on the rise, with a host of unmet challenges and a rising tide of cynicism, I told you about a place I was born -- and I told you that I still believed in a place called Hope.
Well, for four years now, to realize our vision we have pursued a simple but profound strategy -- opportunity for all, responsibility from all, a strong united American community.
Look at what's happened. We have the lowest combined rates of unemployment, inflation, and home mortgages in 28 years. Look at what happened -- 10 million new jobs, over half of them high-wage jobs; 10 million workers getting the raise they deserve with the minimum wage law.
A tax cut for 15 million of our hardest working -- hardest pressed Americans, and all small businesses.
Our country is still the strongest force for peace and freedom on Earth.
The federal work force is the smallest it has been since John Kennedy. And the deficit has come down for four years in a row for the first time since before the Civil War, down 60 percent on the way to zero. We will do it.
I believe that Bob Dole and Jack Kemp and Ross Perot love our country, and they have worked hard to serve it. It is legitimate, even necessary, to compare our record with theirs, our proposals for the future with theirs. And I expect them to make a vigorous effort to do the same.
But I will not attack. I will not attack them personally or permit others to do it in this party if I can prevent it.
My follow Americans, this must be -- this must be a campaign of ideas, not a campaign of insults. The American people deserve it.
I want to build a bridge to the 21st century in which we create a strong and growing economy, to preserve the legacy of opportunity for the next generation by balancing our budget in a way that protects our values, and ensuring that every family will be able to own and protect the value of their most important asset, their home.
Let me say again, every tax cut I call for tonight is targeted; it's responsible; and it is paid for within my balanced budget plan. My tax cuts will not undermine our economy. They will speed economic growth.
My fellow Americans, I want to build a bridge to the 21st century that makes sure we are still the nation with the world's strongest defense; that our foreign policy still advances the values of our American community in the community of nations. Our bridge to the future must include bridges to other nations, because we remain the world's indispensable nation to advance prosperity, peace and freedom, and to keep our own children safe from the dangers of terror and weapons of mass destruction.
We have helped to bring democracy to Haiti and peace to Bosnia. Now the peace signed on the White House lawn between the Israelis and the Palestinians must embrace more of Israel's neighbors. The deep desire for peace that Hillary and I felt when we walked the streets of Belfast and Derry must become real for all the people of Northern Ireland.
My fellow Democrats and my fellow Americans, I know that in most election seasons foreign policy is not a matter of great interest in the debates in the barber shops and the cafes of America, on the plant floors and at the bowling alleys. But there are times -- there are times when only America can make the difference between war and peace, between freedom and repression, between life death. We cannot save all the world's children, but we can save many of them. We cannot become the world's policeman, but where our values and our interests are at stake, and where we can make a difference, we must act and we must lead. That is our job, and we are better, stronger, and safer because we are doing it.
Let us commit ourselves this night to rise up and build the bridge we know we ought to build all the way to the 21st century. Let us have faith -- and let us have faith -- faith -- American faith that we are not leaving our greatness behind. We're going to carry it right on with us into that new century -- a century of new challenge and unlimited promise.
Let us, in short, do the work that is before us, so that when our time here is over, we will all watch the sun go down -- as we all must -- and say truly, that we have prepared our children for the dawn.
My fellow Americans, after these four, good, hard years, I still believe in a place called Hope, a place called America.
Thank you, God bless you, and good night.