It's also wonderful to be back with my great friend and ally, Chancellor [Angela] Merkel. As I reflect back over the last eight years, I could not ask for a steadier or more reliable partner on the world stage, often through some very challenging times.
The general tendency towards an eight-hour working day has undoubtedly been healthful, and it is wise for the State to set a good example as an employer of labor, both as to the number of hours of labor exacted and as to paying a just and reasonable wage.
Ninety-eight percent of all American companies have fewer than 100 employees. Over half of all Americans work for a small business. Small businesses are the backbone of our nation’s economy and we must protect this great resource.....Helping American small business is part of our movement for change and the end of politics as usual.
Over the past eight years, the United States has worked hard to deepen partnerships across the region and across South-east Asia in particular. We're now a part of the East Asia Summit and we have a strategic partnership with Asean. At the US-Asean Leaders Summit I hosted earlier this year in Sunnylands, California, we agreed to a set of principles that will shape the future peace and prosperity of the region, from promoting innovation and furthering economic integration to addressing transnational challenges like global health security and climate change.
Physically, I feel probably as good as I've ever felt. And I've got as much energy as I ever did. But what you feel after eight years - and I think you'd feel this no matter what, but anytime you have a big transition, it gets magnified - is time passes.
Rome remained free for four hundred years and Sparta eight hundred, although their citizens were armed all that time; but many other states that have been disarmed have lost their liberties in less than forty years.