00:00I was born in 1930. In my lifetime, the real GDP per capita in the United States has increased
00:07six for one, one person's lifetime. Nothing like it's ever happened. And it isn't because we're
00:12smarter, and it isn't because we work harder, it's because we have a system that unleashes
00:17human potential. Let's just look at the people in this room. You have more potential than you
00:21thought you had 10 years ago or 20 years ago. You certainly have more potential than your
00:25parents thought you had. You will find 10 years from now that you had a lot more potential than
00:28you thought you had today. And you're going to get a chance to use it in this country.
00:32You're not condemned to a life that was ordained by what your parents did before you. It's
00:38a wonderful, wonderful system. And it's still working, and it will keep working.
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