 like Virginia, lured a flood of imported semi-fabricated products, industry shipments reached a record high in 1987, and we expect yet another record to be set in 1988, this year and in recent years. Total export shipments last year by 78% ahead of last year. Consumer foil is showing a 62% increase and other consumer and packaging related foil products are up a hundred. My great honor to introduce the President of the United States Ronald Reagan. Once that I want to say, 1987 can probably also go on and on, but I don't think one of those 64 months has gone by. You know, some expert and some politician predicted a imminent disaster. Sometimes we'll be lucky in escaping the recession. I'm sorry, but it seems to me that during the Great Depression, the prediction of prosperity that's around the corner became a point of ridicule. The reverse is through today. We will be at any moment, but what about the time words? We said, don't eat their eggs. We'll just keep evolving because they encounter contrary evidence that the myth-makers don't give up. The three big ones today are the deep industrialization of America and the manufacturing costs. And the economist Warren Brooks predicted we will make a shift to an export-ready economy said that 80 years would end with a bang. And you think it's at all the cause for rejoicing in Washington. And I don't know about Grace. They've been predicting a good squelch productivity, destroy American competitiveness, and make all their students' days myths a reality. In an American country, through import, euro, and money. You may have been reading lately that the trade deal is no talk about Senator Reid Smoot, who represented Willis Hall, and the lapse of the world trading system and helped send America into the decline of the Great Depression, the Smoot-Hawley Terror. But both of them felt that a bit of demographic about trade was good politics, so they didn't get in the business books. What many people don't realize is that they were both thrown out of office two years later, when the voters had time to see the effects of their bill. Protectionism, production, and communication are not American dealers' national economics shrinking behind their various. That's why we pushed for a new gathering, which has now been launched to negotiate the most ambitious multinational trade agenda in the district. It has took some duties at the economic summits that we hold each year, but today is part of a larger picture. The world economy is in the midst of a profound transformation. It's been called the information age, the computer age, the technological revolution it has in the last 20 years. He says a Rolls-Royce today would cost less than $3. It would get three million miles to the gallon. It would deliver enough horsepower to drive an ocean liner, and six of them would fit on the head of a pin. This is more than simply a productivity explorer. Operating in the mysterious realm of quantum physics, today is going to get all the way. Process when you're ready to buy, and then you put up the money in advance. This happened to a fellow. This is their story that they tell, this joke, that this man, he laid down his mouth and then the fellow, he was in charge, said, okay, come back in 10 years and get your car. And he said, morning or after noon, the other behind the counter said, well, 10 years from now, what difference does it make? And he said, well, the climate's coming in the morning.