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I issued a statement saying I had concluded that the parties could not reach agreement at this time given the historical, religious, political, and emotional dimensions of the conflict. To give Barak some cover back home and indicate what had occurred, I said that while Arafat had made clear that he wanted to stay on the path of peace, Barak had shown “particular courage, vision, and an understanding of the historical importance of this moment.”

I said that the two delegations had shown each other a genuine respect and understanding unique in my eight years of peacemaking around the world, and for the first time had openly discussed the most sensitive matters in dispute. We now had a better idea of each side’s bottom line and I still believed we had a chance to reach an agreement before the year was out.

Arafat had wanted to continue the negotiations, and on more than one occasion had acknowledged that he was unlikely to get a future Israeli government or American team so committed to peace. It was hard to know why he had moved so little. Perhaps his team really hadn’t worked through the hard compromises; perhaps they wanted one session to see how much they could squeeze out of Israel before showing their hand. For whatever reasons, they had left Barak exposed in a precarious political situation. It was not for nothing that he was the most decorated soldier in the history of Israel. For all his brusque bullheadedness, he had taken great risks to win a more secure future for Israel. In my remarks to the press, I assured the people of Israel that he had done nothing to compromise their security and said they should be very proud of him.

Arafat was famous for waiting until the very last minute to make a decision, or “five minutes to midnight” as we used to say. I had only six months to go as President. I certainly hoped Arafat’s watch kept good time.

FIFTY-FIVE

While the Camp David talks were going on, positive things happened elsewhere. Charlene Barshefsky completed a sweeping trade agreement with Vietnam, and the House adopted an amendment by my longtime supporter Maxine Waters that funded a down payment on our share of the Millennium Debt Relief effort. By this time debt relief had an amazing array of supporters, led by Bono. By then Bono had become a fixture in Washington political life. He turned out to be a first-class politician, partly through the element of surprise. Larry Summers, who knew everything about economics but little about popular culture, came into the Oval Office one day and remarked that he’d just had a meeting on debt relief with “some guy named Bono—just one name—dressed in jeans, a Tshirt, and big sunglasses. He came to see me about debt relief, and he knows what he’s talking about.”

The trip to Okinawa was a big success, as the G-8 put some teeth into our commitment to have all the world’s children in primary school by 2015. I led off with a $300 million program to provide one good meal a day to nine million children, provided they came to school to get the meal. The initiative had been brought to me by our ambassador to the UN food programs in Rome, George McGovern; McGovern’s old partner in pioneering food stamps, Bob Dole; and Congressman Jim McGovern of Massachusetts. I also visited the U.S. forces in Okinawa, thanked Prime Minister Yoshiro Mori for letting them be stationed there, and pledged to reduce the tensions our presence had caused. It was my last G-8 summit, and I was sorry to rush through it to get back to Camp David. The other leaders had been very supportive of my initiatives over eight years, and we had accomplished a lot together. Chelsea traveled to Okinawa with me. One of the best things about the year for both Hillary and me was that Chelsea was home for the last half of it. She had amassed far more credits in her first three years at Stanford than she needed to graduate so that she could spend the last six months in the White House with us. Now she would be dividing her time between campaigning for her mother and helping me with events in the White House and going with me on foreign trips. She did a great job on both counts, and her presence made life much better for her parents.

At the end of the month I resumed my battle with the Republicans over tax cuts. They still wanted to spend a decade’s worth of projected surpluses on them, claiming that the money belonged to the taxpayers and we should give it back to them. It was a persuasive argument except for one thing: the surpluses were projected and the tax cuts would take effect whether the surpluses materialized or not. I attempted to illustrate the point by asking people to imagine that they had gotten one of those heavily advertised letters from well-known TV personality Ed McMahon that started with, “You may have already won $10 million.” I said that the people who would spend $10 million upon receiving that letter should support the Republican plan; everyone else should “stick with us and keep the prosperity going.”

August was a busy month. It began with the nomination of George W. Bush and Dick Cheney in Philadelphia. Hillary and I went to Martha’s Vineyard for a couple of fund-raisers for her, then I flew to Idaho to visit firefighters who were fighting a large and dangerous forest fire. On the ninth, I awarded the Medal of Freedom to fifteen Americans, including the late senator John Chafee, Senator Pat Moynihan, Children’s Defense Fund founder Marian Edelman, AIDS activist Dr. Mathilde Krim, Jesse Jackson, civil rights lawyer Judge Cruz Reynoso, and General Wes Clark, who had ended his brilliant military career by commanding our arduous campaign against Milosevic and his ethnic cleansing in Kosovo.

Amid a blizzard of political events, I did one completely nonpolitical one: I went to my friend Bill Hybels’s Willow Creek Community Church in South Barrington, Illinois, near Chicago, for a conversation before several hundred people at Bill’s ministers’ leadership conference. We talked about when I decided to go into politics, where my family went to church and what it meant to me, why so many people still believed I had never apologized for my misconduct, how I used polls, what the most important elements of leadership were, and how I wanted to be remembered. Hybels had an uncanny way of stripping things down to basics and getting me to discuss things I normally would not talk about. I enjoyed taking a few hours away from politics and work to think about the inner life that politics often crowds out.

On August 14, opening night of the Democratic convention, Hillary gave a moving expression of thanks to the Democrats for their support and a mighty declaration of what was at stake in this year’s election. Then, after my third convention film produced by Harry and Linda Thomason, which outlined the accomplishments of our eight years, I was brought onstage to thunderous applause and inspirational music. When the noise died down, I said that the election was about one simple question: “Are we going to keep this progress and prosperity going?”

I asked the Democrats to make sure we applied President Rea-gan’s 1980 standard for whether a party should continue in office: “Are we better off today than we were eight years ago?” The answer proved that Harry Truman was right when he said, “If you want to live like a Republican, you better vote for the Democrats.” The crowd roared. We were better off, and not just economically. Jobs were up, but so were adoptions. The debt was down, but so was teen pregnancy. We were becoming both more diverse and more united. We had built and crossed our bridge to the twenty-first century, “and we’re not going back.”

I made the case for a Democratic Congress, saying that what we did with our prosperity was just as sure a test of America’s character, values, and judgment as how we had dealt with adversity in the past. If we had a Democratic Congress, America would already have the Patients’ Bill of Rights, a minimum wage increase, stronger equal-pay laws for women, and middle-class tax cuts for college tuition and long-term care.