Like my home state of Texas, Liechtenstein has worked hard to diversify its economy, keeping its important agricultural markets in-tact while embracing the industrial and financial services sectors, clearly for its immeasurable good.
Small in territory, Liechtenstein boasts an unemployment rate of only 1.3 percent and some of the lowest tax rates in Europe. Every day, the country's population swells to double its normal size, as citizens from the surrounding countries of Austria, Switzerland and Germany join the hardworking natives at work. And those that live and work in Liechtenstein enjoy one of the highest standards of living in the world.
Liechtenstein is also, of course, a great friend to the United States and to democracy. I have invited the Ambassador of Liechtenstein, Ms. Fristche, to visit my district and observe for herself the pride Texans have in their own country and of course, the unique balance of our own economy--the rice fields planted right up against the oil refineries.
I hope she takes me up on the offer.
That's just the way it is.