But in the West today, we see a free world that has achieved a level of prosperity and well-being unprecedented in all human history. In the Communist world, we see failure, technological backwardness, declining standards of health, even want of the most basic kind - too little food. Even today, the Soviet Union still cannot feed itself. After these four decades, then, there stands before the entire world one great and inescapable conclusion: Freedom leads to prosperity. Freedom replaces the ancient hatreds among the nations with comity and peace. Freedom is the victor.

Common sense told us that to preserve the peace, we'd have to become strong again after years of weakness and confusion. So, we rebuilt our defenses, and this New Year we toasted the new peacefulness around the globe. Not only have the superpowers actually begun to reduce their stockpiles of nuclear weapons...but the regional conflicts that rack the globe are also beginning to cease.

The pursuit of science, the study of the great works, the value of free inquiry, in short, the very idea of living the life of the mind - yes, these formative and abiding principles of higher education in America had their first and firmest advocate, and their greatest embodiment, in a tall, fair-headed, friendly man who watched this university take form from the mountainside where he lived, the university whose founding he called a crowning achievement to along and well-spent life.

More than a decade ago, a Supreme Court decision literally wiped off the books of fifty states statutes protecting the rights of unborn children. Abortion on demand now takes the lives of up to 1.5 million unborn children a year. Human life legislation ending this tragedy will some day pass the Congress, and you and I must never rest until it does. Unless and until it can be proven that the unborn child is not a living entity, then its right to life, liberty, and the pursuit of happiness must be protected.

Isn't it interesting that all of those people who support the choice of abortion have already been born?

Let me make our goal in this program very clear: jobs, jobs, jobs, and more jobs. Our policy has been and will continue to be: What is good for the American worker is good for America.

History teaches that war begins when governments believe the price of aggression is cheap.