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Funny, we've never been so prosperous!
We are in the midst of the greatest upward surge of economic well-being in the history of any nation.
So this time we're really gonna balance that budget!
Our balance of payments deficit has declined and the soundness of our dollar is unquestioned. I pledge to keep it that way and I urge business and labor to cooperate to that end.
Retrospective laff lines:
Most important of all, in this period, the United States has reemerged into the fullness of its self-confidence and purpose.
In Asia, communism wears a more aggressive face. We see that in Viet-Nam. Why are we there ?
We are there, first, because a friendly nation has asked us for help against the Communist aggression. Ten years ago our President pledged our help. Three Presidents have supported that pledge. We will not break it now.
Second, our own security is tied to the peace of Asia. Twice in one generation we have had to fight against aggression in the Far East. To ignore aggression now would only increase the danger of a much larger war.
Our goal is peace in southeast Asia. That will come only when aggressors leave their neighbors in peace.
What is at stake is the cause of freedom and in that cause America will never be found wanting.
Big (failed) successful idea: This was LBJ's "Great Society" SOTU, and many of his proposals (such as creating a Department of Housing and Urban Development) were indeed enacted. Whether they were "successful" is another story.