To view the State of the Union in perspective, we must not ignore the rest of the world. There isn’t time tonight for a lengthy treatment of social or of foreign policy, I should say a subject I intend to address in detail in the near future. A few words, however, are in order on the progress we’ve made over the past year re-establishing respect for our nation around the globe and some of the challenges and goals that we will approach in the year ahead.
At Ottawa and Cancun, I met with leaders of the major industrial powers and developing nations. Now some of those I met with were a little surprised I didn’t apologize for America’s wealth. Instead I spoke of the strength of the free marketplace system and how that system could help them realize their aspirations for economic development and political freedom.(my emphasis) I believe lasting friendships were made and the foundation was laid for future cooperation.
Compare the texts of the first SOTU speeches from Reagan and Obama and you will see 2 totally different philosophies. When you examine the application, you see the difference in the outcomes played out in our economies.
Reagan in 2012!!
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