In April 2000, Clinton hosted a celebration called the White House Conference on the New Economy. Earnest purpose mingled with self-congratulation; virtue and success high-fived—the distinctive atmosphere of Smart America. At one point Clinton informed the participants that Congress was about to pass a bill to establish permanent trade relations with China, which would make both countries more prosperous and China more free. “I believe the computer and the internet give us a chance to move more people out of poverty more quickly than at any time in all of human history,” he exulted.