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Originally Processed With FOIA(s):
FOIA Number:
S
S
FOIA
MARKER
This is not a textual record. This is used as an
administrative marker by the George Bush Presidential
Library Staff.
Record Group/Collection:
George H.W. Bush Presidential Records
Collection/Office of Origin:
Speechwriting, White House Office of
Series:
Speech File Draft Files
Subseries:
Chron File, 1989-1993
OA/ID Number:
13599
Folder ID Number:
13599-006
Folder Title:
Portsmouth Rotary Club 1/15/92 [OA 6096]
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Row:
Section:
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Position:
G
26
17
5
7
PORTSMOUTH ROTARY CLUB \ YOKEN'S RESTAURANT
PORTSMOUTH, NH \ JANUARY 15, 1992 I 7:45 P.M.
THANK YOU, CLIFF {TAYLOR, PAST-PRESIDENT OF
PORTSMOUTH ROTARY}. / THAT'S RIGHT -- HUGH GREGG
ASKED ME TO DELIVER HIS SPEECH TONIGHT. // YOU'VE
HEARD ONCE AGAIN THE STORY OF MY LAST VISIT HERE. FOR
FOUR YEARS, YOU'VE WONDERED: WAS IT THE BROCCOLI? //
IT'S GREAT TO SEE so MANY FAMILIAR FACES -- THE
GOOD NEW ENGLAND NEIGHBORS I'VE GOTTEN TO KNOW DOWN
THROUGH THE YEARS.
T
- 2 -
BILL HOLT, PRESIDENT OF THE PORTSMOUTH ROTARY CLUB.
SENATOR SMITH. RUTH GRIFFIN, EXECUTIVE COUNSELOR FOR
THE STATE OF NEW HAMPSHIRE. THE GOVERNORS GREGG --
HUGH AND JUDD.
I AM PLEASED TO BE HERE TONIGHT. I KNOW THE
ROTARIAN RULE: You MISS A MEETING -- YOU HAVE TO MAKE
IT UP. //
- 3 -
AND YOU'VE GOT TO HAND IT TO YOKEN'S. WHO ELSE WOULD
HOLD A RESERVATION FOR FOUR YEARS? //
As CLIFF TAYLOR POINTED OUT, PLENTY HAS HAPPENED IN
THOSE FOUR YEARS. / FOUR YEARS AGO, OUR WORLD WAS
LOCKED IN IDEOLOGICAL STRUGGLE AND NUCLEAR STALEMATE.
((I THINK ABOUT THE MOMS AND DADS WHO WON'T HAVE TO
FACE RAISING KIDS IN A WORLD WORRIED BY THE THREAT OF
NUCLEAR WAR.)) //
- 4 -
FOUR YEARS AGO, FREEDOM WAS UNDER SIEGE. TODAY,
FREEDOM IS ON THE MARCH. THE BERLIN WALL / THE WARSAW
PACT -- THE SOVIET BLOC AND EVEN THE SOVIET UNION
ITSELF: ALL VANQUISHED NOT BY FORCE, BUT BY HISTORY'S
MOST POWERFUL IDEA -- THE LOVE OF FREEDOM. / TODAY
THE COLD WAR IS OVER: A GREAT VICTORY FOR THIS NATION
AND THE PRINCIPLES WE CHERISH -- A TRIUMPH FOR PEOPLE
EVERYWHERE WHO LOOK TO AMERICA AS THE LAND OF LIBERTY.
//
- 5 -
ONE YEAR AGO TODAY, OUR LOVE OF LIBERTY WAS PUT TO
THE TEST. SADDAM HUSSEIN WATCHED THE LAST HOURS OF THE
UN DEADLINE SLIP AWAY.
HE COUNTED ON THE WESTERN WORLD TO WASTE ITSELF IN
EMPTY INDIGNATION. / HE COUNTED ON THE U.S. AND ITS
ALLIES TO SUCCUMB TO DOUBT, DIVISION AND DISARRAY. /
HE DIDN'T COUNT ON DESERT STORM. //
TODAY, KUWAIT IS FREE / OUR HOSTAGES HAVE COME HOME
/ AND THE PROSPECTS OF PEACE IN THE MIDDLE EAST STAND
HIGHER THAN EVER BEFORE.
- 6 -
SADDAM'S IRAQ STANDS ISOLATED AND ALONE -- CAUGHT IN A
WEB OF SANCTIONS, SUBJECT TO U.N. INSPECTION. ALL
BECAUSE AMERICA TOOK ACTION. //
I DON'T KNOW A SINGLE AMERICAN WHO DOESN'T
CELEBRATE THESE CHANGES, AND THE HOPE THEY BRING TO ALL
THE WORLD. BUT I ALSO KNOW IT'S TOUGH TO FOCUS ON
WHAT'S HAPPENING THOUSANDS OF MILES AWAY, WHEN TIMES
ARE TOUGH HERE AT HOME -- WHEN THE COMPANY YOU'VE
WORKED FOR HAS SHUT DOWN, WHEN YOU'RE OUT OF WORK, OR
WORRIED YOUR JOB MIGHT BE NEXT. /
- 7 -
RIGHT HERE IN PORTSMOUTH. FROM NEWINGTON TO DOVER,
FROM ROCHESTER TO EXETER AND EVERY TOWN IN BETWEEN -- I
KNOW: HARD TIMES HAVE COME TO NEW HAMPSHIRE. //
RIGHT NOW, CANDIDATES ARE CRISS-CROSSING THIS
STATE, EACH ONE OUT-PROMISING THE OTHER. // YOU'VE
HEARD IT ALL -- AND SOME OF IT, YOU'VE HEARD BEFORE.
THE SAME OLD SHOP-WORN MESSAGE OF CLASS WARFARE: RICH
AGAINST POOR -- THE "HAVES" AGAINST THE "HAVE NOTS."
You've GOT TO WONDER: WHERE'S THE MIDDLE?
- 8 -
WHERE'S MIDDLE AMERICA -- MIDDLE CLASS FAMILIES LIKE
YOURS? I'M TALKING ABOUT THE PEOPLE WHO PAY THEIR
TAXES, AND THEIR BILLS -- AND ARE TIRED OF POLITICIANS
WHO THINK THEY CAN TAX AND SPEND AND DAMN THE DEFICIT.
PEOPLE LIKE YOU -- WHO SEND THEIR KIDS TO SCHOOL TO
LEARN -- NOT TO SUBJECT THEM TO SOME SORT OF
GOVERNMENT-KNOWS-BEST SOCIAL ENGINEERING. FOR THE LIFE
OF ME, I CAN'T UNDERSTAND WHAT'S WRONG WITH LETTING
PARENTS CHOOSE THEIR CHILDREN'S SCHOOLS. /
- 9 -
I'M TALKING ABOUT PEOPLE WHO SIDE WITH THE VICTIMS OF
CRIME AGAINST THE CRIMINALS. HONEST, DECENT PEOPLE --
PEOPLE WHO HAVE LEARNED THE HARD WAY THAT WHEN
GOVERNMENT STEPS IN, IT'S FAR MORE LIKELY TO HURT THAN
HELP. //
You HEAR THE SAME OLD CAPITOL HILL CROWD TALKING
ABOUT ANOTHER $50 BILLION DOLLARS IN FEDERAL SPENDING:
$50 BILLION DOLLARS THE GOVERNMENT DOESN'T HAVE --
MONEY WE BORROW FROM THE FUTURE To BUILD MORE
BOONDOGGLES AND BUREAUCRACY. /
- 10 -
THIS YEAR, FEDERAL SPENDING WILL TOP $1.4 TRILLION. I
SAY: AMERICANS ARE ENTITLED TO ASK WHAT THEY'RE
GETTING FOR THEIR $1.4 TRILLION'S WORTH. //
THE PEOPLE OF THIS STATE KNOW WHAT'S REAL, AND THEY
KNOW WHAT WORKS. WHEN SOMEONE TRIES TO SELL YOU THE
OLD GOVERNMENT-KNOWS-BEST LINE -- I SAY: NEW HAMPSHIRE
KNOWS BETTER. //
THE SAME GOES FOR THOSE NOW BEATING THE DRUM FOR A
NEW PROTECTIONISM.
- 11 -
THE SIMPLE TRUTH IS, PROTECTIONISM ISN'T A PRESCRIPTION
FOR PROSPERITY. BOIL AWAY ALL THE TOUGH TALK, ALL THE
PATRIOTIC POSTURING, AND PROTECTIONISM IS NOTHING MORE
THAN A SMOKESCREEN FOR A COUNTRY RUNNING SCARED. //
THE AMERICA I KNOW IS A COUNTRY READY TO TAKE ON THE
WORLD -- READY TO RISE TO NEW LEVELS, NOT RUN FOR
COVER. / WE'VE GOT TO OPEN UP NEW MARKETS TO AMERICAN
PRODUCTS -- NOT LOCK THE DOORS, PULL DOWN THE SHADES
AND TELL THE WORLD TO GO AWAY.
- 12 -
NEVER IN THIS NATION'S LONG HISTORY HAS AMERICA TURNED
ITS BACK ON A CHALLENGE -- AND WE WON'T START NOW. A
PROUD AMERICA WILL NEVER BE PROTECTIONIST. TAKE A LOOK
AROUND -- AT THE NEW REALITIES OF GLOBAL TRADE. NEW
HAMPSHIRE BUSINESSES REAP MORE THAN $1.2 BILLION
DOLLARS A YEAR FROM EXPORTS -- $325 MILLION DOLLARS A
YEAR FROM CANADA ALONE. BUT IT DOESN'T STOP THERE.
COMPANIES ACROSS THIS STATE EXPORT PRODUCTS WORTH $176
MILLION MORE TO THE COUNTRIES I JUST CAME FROM: KOREA,
SINGAPORE, AUSTRALIA AND JAPAN.
- 13 -
WHEN PEOPLE ASK ME WHY I WENT TO ASIA, I'VE GOT GOOD
REASON: 35,000 REASONS RIGHT HERE IN NEW HAMPSHIRE
ALONE -- THE 35,000 JOBS IN THIS STATE TIED TO
INTERNATIONAL TRADE. //
JUST A FEW HOURS AGO I WAS AT CABLETRON SYSTEMS --
ONE OF AMERICA'S GREAT ENTREPRENEURIAL SUCCESS STORIES.
CABLETRON'S SECRET TO GROWTH -- EVEN IN THE MIDST OF
THESE DIFFICULT TIMES -- COMES FROM THE AGGRESSIVE WAY
THEY'VE FOUGHT THEIR WAY TO THE TOP OF THE
INTERNATIONAL MARKET.
- 14 -
THAT'S GOOD FOR NEW HAMPSHIRE -- AND GOOD FOR AMERICA.
TODAY, I'VE LISTENED TO WHAT THE PEOPLE OF THIS
STATE HAVE TO SAY -- I'VE LEARNED WHAT'S ON YOUR MINDS.
[INSERT]
WHEN TALK TURNS TO THE ECONOMY, DON'T LET ANYONE
SELL YOU BUMPERSTICKER SLOGANS IN PLACE OF STRAIGHT
TALK.
- 15 -
Ask THE HARD QUESTIONS. DON'T SETTLE FOR BRAND X. ANY
GROWTH PACKAGE WORTH THE NAME SHOULD PASS THE FOLLOWING
FIVE TESTS:
FIRST, IT MUST STIMULATE THE INVESTMENT NECESSARY
To CREATE JOBS.
SECOND, IT MUST STOP THE SLIDE IN REAL ESTATE
VALUES, AND INCREASE HOME SALES.
- 16 -
THIRD, IT MUST GIVE AMERICANS CONFIDENCE THAT THE
COSTS OF HEALTH CARE, PROVIDING FOR THEIR KIDS'
EDUCATION AND RAISING A FAMILY WILL BE AFFORDABLE.
FOURTH, IT MUST INCREASE AMERICA'S CAPACITY TO
COMPETE IN THE GLOBAL ECONOMY.
FIFTH AND FINALLY, IT MUST CONTROL WASTEFUL
GOVERNMENT SPENDING -- AND BRING THE FEDERAL DEFICIT
UNDER CONTROL. //
- 17 -
So LISTEN TO WHAT MY COMPETITION SAYS -- THEN HEAR
ME OUT IN THE STATE OF THE UNION. I'M COUNTING ON THE
PEOPLE OF NEW HAMPSHIRE -- AND I'M CONFIDENT THAT WHEN
YOU SORT OUT FACT FROM FICTION, YOU'LL SEE THAT WE'VE
GOT THE BEST PLAN TO GET THIS ECONOMY GROWING AGAIN.
//
FOR ALL THE REAL HURT PEOPLE ARE SUFFERING THROUGH
TODAY, I AM CONFIDENT -- CONFIDENT THAT HERE IN NEW
HAMPSHIRE AND ALL ACROSS AMERICA, OUR RECOVERY WILL
GAIN SPEED. //
- 18 -
I LOOK BACK TO THE EARLY 80's, WHEN THE ECONOMY WENT
THROUGH A TOUGH PERIOD OF WHEEL-SPINNING BEFORE IT SET
OUT ON THE PATH OF SUSTAINED GROWTH -- A RECOVERY THAT
MEANT BETTER LIVES FOR MILLIONS OF AMERICAN FAMILIES,
BETTER TIMES FOR MANY OF YOU. I BELIEVE WE'LL LOOK
BACK ON THE EARLY 90's THE SAME WAY -- AS THE MOMENT
THE AMERICAN ECONOMY MOVED FORWARD TO MEET THE
CHALLENGES OF A NEW CENTURY AND A NEW WORLD --
CONFIDENT, CERTAIN AND FULL OF HOPE. //
- 19 -
I'M AN OPTIMIST BECAUSE I REMAIN CONVINCED
AMERICA'S "FUNDAMENTALS" ARE SOUND. I'M TALKING NOT IN
THE NARROW ECONOMIC SENSE -- BUT ABOUT THE BROAD
FUNDAMENTALS THAT SUSTAIN AMERICAN SOCIETY: FAITH AND
FAMILY. AND OF COURSE, THE CORNERSTONE OF OUR AMERICAN
IDEA: THE BEDROCK BELIEF IN FREEDOM BORN HERE so MANY
CENTURIES AGO IN THE RUGGED HILLS AND HAMLETS OF NEW
HAMPSHIRE. //
- 20 -
TONIGHT I THANK EACH AND EVERY ONE OF YOU FOR SUCH
A WARM WELCOME ON THIS CHILL NIGHT -- FOR HELPING US
TAKE A STRONG FIRST STEP FORWARD TOWARD THAT FUTURE.
IT ALL BEGINS RIGHT HERE, IN NEW HAMPSHIRE -- AND I ASK
EVERY ONE OF YOU FOR YOUR SUPPORT. // MAY GOD BLESS
THE UNITED STATES OF AMERICA -- AND THANK YOU, NEW
HAMPSHIRE.
# # #
INSERT
I HAVE BEEN ASKED TODAY ABOUT "NO NEW TAXES". LET
ME TELL TELL YOU WHY I MADE THE DECISION THAT I DID IN
1990. I KNEW IT WOULD BE CONTROVERSIAL -- THAT I'D
TAKE SOME HEAT FOR IT RIGHT HERE IN NEW HAMPSHIRE.
ANYBODY WHO KNOWS ME CAN TELL YOU -- I'M THE LAST
PERSON WHO WOULD WANT TO RAISE TAXES. A YEAR AGO, THE
NATION STOOD AT AN ECONOMIC CROSSROADS. ONE ROAD WOULD
HAVE PAVED THE WAY FOR CONGRESS TO CONTINUE TO SPEND,
SPEND, SPEND.
- 2 -
THAT ROAD WAS LINED WITH HIGHER INTEREST RATES, LOWER
INVESTMENT, FEWER JOBS, AND ECONOMIC STAGNATION.
THE OTHER ROAD WAS DIFFERENT. IT LED TO CONTROL OF
FEDERAL SPENDING AND THE PROSPECT FOR ECONOMIC GROWTH.
THE FIRST ROAD WAS TO STICK WITH THE STATUS QUO, THE
SECOND ROAD WAS TO ACT. I CHOSE TO ACT.
STILL, FOR US TO GET AN AGREEMENT, WE HAD TO
NEGOTIATE -- NEGOTIATE WITH A CONGRESS CONTROLLED BY
THE DEMOCRATS. YES, WE GOT AN AGREEMENT.
- 3 -
IT HAD TOUGH RESTRAINTS ON SPENDING -- INSTITUTED A
PAY-AS-YOU-GO SYSTEM TO STOP THE GROWTH ON NEW
ENTITLEMENT PROGRAMS. THAT DISCIPLINE ENABLED THE
FEDERAL RESERVE TO LOWER INTEREST RATES -- SAVING
AMERICANS BILLIONS OF DOLLARS AS THEY REFINANCE THEIR
MORTGAGES, FOR EXAMPLE. BUT WE PAID A PRICE -- AND
THAT PRICE WAS TAXES.
- 4 - -
WE PAID A PRICE BECAUSE I HAD TO COMPROMISE. I
FACED THE SAME PROBLEM RONALD REAGAN FACED WITH THE
DEMOCRATS. I REMEMBER THE AGONY IN HIS FACE WHEN HE
HAD TO MAKE THE SAME CHOICE: COMPROMISE WITH THE
CONGRESS OR SHUT THE GOVERNMENT DOWN -- STOP THE SOCIAL
SECURITY CHECKS FROM GOING OUT, THE VETERANS BENEFITS
-- YOU KNOW THE STORY. AND I HAD HALF A MILLION TROOPS
HEADED TO THE GULF TO SUPPORT AS WELL.
- 5 -
YES I MADE THE CALL, AND IT WAS TOUGH. AND I
DIDN'T LIKE IT ONE BIT. BUT I CAN TELL YOU NOW, I
DON'T EVER WANT TO HAVE COMPROMISE AGAIN. THE PROBLEM
IN WASHINGTON IS NOT A REPUBLICAN PRESIDENT -- THE
PROBLEM IN WASHINGTON IS A DEMOCRAT CONGRESS -- AND
IT'S ABOUT TIME WE SOLVED THAT PROBLEM. WE NEED MORE
REPUBLICANS LIKE SENATOR BoB SMITH, SENATOR WARREN
RUDMAN, AND CONGRESSMAN BILL ZELIFF.
*
*
*
*
The extremes of the enviro movement are N going to dictate the ECO. policies of this
country.
Hwy 101 - Highway bill -
PORTSMOUTH ROTARY CLUB \ YOKEN'S RESTAURANT
PORTSMOUTH, NH \ JANUARY 15, 1992 \ 7:45 P.M.
THANK YOU, CLIFF {TAYLOR, PAST-PRESIDENT OF
PORTSMOUTH ROTARY}. / THAT'S RIGHT -- HUGH GREGG
ASKED ME TO DELIVER HIS SPEECH TONIGHT. // You've
HEARD ONCE AGAIN THE STORY OF MY LAST VISIT HERE. FOR
FOUR YEARS, YOU'VE WONDERED: WAS IT THE BROCCOLI? //
IT'S GREAT TO SEE so MANY FAMILIAR FACES -- THE
GOOD NEW ENGLAND NEIGHBORS I'VE GOTTEN TO KNOW DOWN
THROUGH THE YEARS.
T
- 2 -
BILL HOLT, PRESIDENT OF THE PORTSMOUTH ROTARY CLUB.
SENATOR SMITH. RUTH GRIFFIN, EXECUTIVE COUNSELOR FOR
THE STATE OF NEW HAMPSHIRE. THE GOVERNORS GREGG --
HUGH AND JUDD.
I AM PLEASED TO BE HERE TONIGHT. I KNOW THE
ROTARIAN RULE: You MISS A MEETING -- YOU HAVE To MAKE
IT UP. //
- 3 -
AND YOU'VE GOT TO HAND IT TO YOKEN'S. WHO ELSE WOULD
HOLD A RESERVATION FOR FOUR YEARS? //
As CLIFF TAYLOR POINTED OUT, PLENTY HAS HAPPENED IN
THOSE FOUR YEARS. / FOUR YEARS AGO, OUR WORLD WAS
LOCKED IN IDEOLOGICAL STRUGGLE AND NUCLEAR STALEMATE.
((I THINK ABOUT THE MOMS AND DADS WHO WON'T HAVE TO
FACE RAISING KIDS IN A WORLD WORRIED BY THE THREAT OF
NUCLEAR WAR.)) //
- 4 -
FOUR YEARS AGO, FREEDOM WAS UNDER SIEGE. TODAY,
FREEDOM IS ON THE MARCH. THE BERLIN WALL / THE WARSAW
PACT - -- THE SOVIET BLOC AND EVEN THE SOVIET UNION
ITSELF: ALL VANQUISHED NOT BY FORCE, BUT BY HISTORY'S
MOST POWERFUL IDEA -- THE LOVE OF FREEDOM. / TODAY
THE COLD WAR IS OVER: A GREAT VICTORY FOR THIS NATION
AND THE PRINCIPLES WE CHERISH -- A TRIUMPH FOR PEOPLE
EVERYWHERE WHO LOOK TO AMERICA AS THE LAND OF LIBERTY.
//
- 5 -
ONE YEAR AGO TODAY, OUR LOVE OF LIBERTY WAS PUT TO
THE TEST. SADDAM HUSSEIN WATCHED THE LAST HOURS OF THE
UN DEADLINE SLIP AWAY.
HE COUNTED ON THE WESTERN WORLD TO WASTE ITSELF IN
EMPTY INDIGNATION. / HE COUNTED ON THE U.S. AND ITS
ALLIES TO SUCCUMB TO DOUBT, DIVISION AND DISARRAY. /
HE DIDN'T COUNT ON DESERT STORM. //
TODAY, KUWAIT IS FREE / OUR HOSTAGES HAVE COME HOME
/ AND THE PROSPECTS OF PEACE IN THE MIDDLE EAST STAND
HIGHER THAN EVER BEFORE.
- 6 -
SADDAM'S IRAQ STANDS ISOLATED AND ALONE -- CAUGHT IN A
WEB OF SANCTIONS, SUBJECT TO U.N. INSPECTION. ALL
BECAUSE AMERICA TOOK ACTION. //
I DON'T KNOW A SINGLE AMERICAN WHO DOESN'T
CELEBRATE THESE CHANGES, AND THE HOPE THEY BRING TO ALL
THE WORLD. BUT I ALSO KNOW IT'S TOUGH TO FOCUS ON
WHAT'S HAPPENING THOUSANDS OF MILES AWAY, WHEN TIMES
ARE TOUGH HERE AT HOME -- WHEN THE COMPANY YOU'VE
WORKED FOR HAS SHUT DOWN, WHEN YOU'RE OUT OF WORK, OR
WORRIED YOUR JOB MIGHT BE NEXT. /
- 7 -
RIGHT HERE IN PORTSMOUTH. FROM NEWINGTON TO DOVER,
FROM ROCHESTER TO EXETER AND EVERY TOWN IN BETWEEN -- I
KNOW: HARD TIMES HAVE COME TO NEW HAMPSHIRE. //
RIGHT NOW, CANDIDATES ARE CRISS-CROSSING THIS
STATE, EACH ONE OUT-PROMISING THE OTHER. 11 YOU'VE
HEARD IT ALL -- AND SOME OF IT, YOU'VE HEARD BEFORE.
THE SAME OLD SHOP-WORN MESSAGE OF CLASS WARFARE: RICH
AGAINST POOR -- THE "HAVES" AGAINST THE "HAVE NOTS."
YOU'VE GOT TO WONDER: WHERE'S THE MIDDLE?
- 8 -
WHERE'S MIDDLE AMERICA -- MIDDLE CLASS FAMILIES LIKE
YOURS? I'M TALKING ABOUT THE PEOPLE WHO PAY THEIR
TAXES, AND THEIR BILLS -- AND ARE TIRED OF POLITICIANS
WHO THINK THEY CAN TAX AND SPEND AND DAMN THE DEFICIT.
PEOPLE LIKE YOU -- WHO SEND THEIR KIDS TO SCHOOL TO
LEARN -- NOT TO SUBJECT THEM To SOME SORT OF
GOVERNMENT-KNOWS-BEST SOCIAL ENGINEERING. FOR THE LIFE
OF ME, I CAN'T UNDERSTAND WHAT'S WRONG WITH LETTING
PARENTS CHOOSE THEIR CHILDREN'S SCHOOLS. /
- 9 -
I'M TALKING ABOUT PEOPLE WHO SIDE WITH THE VICTIMS OF
CRIME AGAINST THE CRIMINALS. HONEST, DECENT PEOPLE --
PEOPLE WHO HAVE LEARNED THE HARD WAY THAT WHEN
GOVERNMENT STEPS IN, IT'S FAR MORE LIKELY TO HURT THAN
HELP. //
You HEAR THE SAME OLD CAPITOL HILL CROWD TALKING
ABOUT ANOTHER $50 BILLION DOLLARS IN FEDERAL SPENDING:
$50 BILLION DOLLARS THE GOVERNMENT DOESN'T HAVE --
MONEY WE BORROW FROM THE FUTURE TO BUILD MORE
BOONDOGGLES AND BUREAUCRACY. /
- 10 -
THIS YEAR, FEDERAL SPENDING WILL TOP $1.4 TRILLION. I
SAY: AMERICANS ARE ENTITLED TO ASK WHAT THEY'RE
GETTING FOR THEIR $1.4 TRILLION'S WORTH. //
THE PEOPLE OF THIS STATE KNOW WHAT'S REAL, AND THEY
KNOW WHAT WORKS. WHEN SOMEONE TRIES TO SELL YOU THE
OLD GOVERNMENT-KNOWS-BEST LINE -- I SAY: NEW HAMPSHIRE
KNOWS BETTER. //
THE SAME GOES FOR THOSE NOW BEATING THE DRUM FOR A
NEW PROTECTIONISM.
- 11 -
THE SIMPLE TRUTH IS, PROTECTIONISM ISN'T A PRESCRIPTION
FOR PROSPERITY. BOIL AWAY ALL THE TOUGH TALK, ALL THE
PATRIOTIC POSTURING, AND PROTECTIONISM IS NOTHING MORE
THAN A SMOKESCREEN FOR A COUNTRY RUNNING SCARED. //
THE AMERICA I KNOW IS A COUNTRY READY TO TAKE ON THE
WORLD -- READY TO RISE TO NEW LEVELS, NOT RUN FOR
COVER. / WE'VE GOT TO OPEN UP NEW MARKETS TO AMERICAN
PRODUCTS -- NOT LOCK THE DOORS, PULL DOWN THE SHADES
AND TELL THE WORLD TO GO AWAY.
- 12 -
NEVER IN THIS NATION'S LONG HISTORY HAS AMERICA TURNED
ITS BACK ON A CHALLENGE -- AND WE WON'T START NOW. A
PROUD AMERICA WILL NEVER BE PROTECTIONIST. TAKE A LOOK
AROUND -- AT THE NEW REALITIES OF GLOBAL TRADE. NEW
HAMPSHIRE BUSINESSES REAP MORE THAN $1.2 BILLION
DOLLARS A YEAR FROM EXPORTS -- $325 MILLION DOLLARS A
YEAR FROM CANADA ALONE. BUT IT DOESN'T STOP THERE.
COMPANIES ACROSS THIS STATE EXPORT PRODUCTS WORTH $176
MILLION MORE TO THE COUNTRIES I JUST CAME FROM: KOREA,
SINGAPORE, AUSTRALIA AND JAPAN.
- 13 -
WHEN PEOPLE ASK ME WHY I WENT TO ASIA, I'VE GOT GOOD
REASON: 35,000 REASONS RIGHT HERE IN NEW HAMPSHIRE
ALONE -- THE 35,000 JOBS IN THIS STATE TIED To
INTERNATIONAL TRADE. //
JUST A FEW HOURS AGO I WAS AT CABLETRON SYSTEMS --
ONE OF AMERICA'S GREAT ENTREPRENEURIAL SUCCESS STORIES.
CABLETRON'S SECRET TO GROWTH -- EVEN IN THE MIDST OF
THESE DIFFICULT TIMES -- COMES FROM THE AGGRESSIVE WAY
THEY'VE FOUGHT THEIR WAY TO THE TOP OF THE
INTERNATIONAL MARKET.
- 14 -
THAT'S GOOD FOR NEW HAMPSHIRE -- AND GOOD FOR AMERICA.
TODAY, I'VE LISTENED To WHAT THE PEOPLE OF THIS
STATE HAVE TO SAY -- I'VE LEARNED WHAT'S ON YOUR MINDS.
[INSERT]
WHEN TALK TURNS To THE ECONOMY, DON'T LET ANYONE
SELL YOU BUMPERSTICKER SLOGANS IN PLACE OF STRAIGHT
TALK.
- 15 -
ASK THE HARD QUESTIONS. DON'T SETTLE FOR BRAND X. ANY
GROWTH PACKAGE WORTH THE NAME SHOULD PASS THE FOLLOWING
FIVE TESTS:
FIRST, IT MUST STIMULATE THE INVESTMENT NECESSARY
TO CREATE JOBS.
SECOND, IT MUST STOP THE SLIDE IN REAL ESTATE
VALUES, AND INCREASE HOME SALES.
- 16 -
THIRD, IT MUST GIVE AMERICANS CONFIDENCE THAT THE
COSTS OF HEALTH CARE, PROVIDING FOR THEIR KIDS'
EDUCATION AND RAISING A FAMILY WILL BE AFFORDABLE.
FOURTH, IT MUST INCREASE AMERICA'S CAPACITY To
COMPETE IN THE GLOBAL ECONOMY.
FIFTH AND FINALLY, IT MUST CONTROL WASTEFUL
GOVERNMENT SPENDING -- AND BRING THE FEDERAL DEFICIT
UNDER CONTROL. //
- 17 -
So LISTEN TO WHAT MY COMPETITION SAYS -- THEN HEAR
ME OUT IN THE STATE OF THE UNION. I'M COUNTING ON THE
PEOPLE OF NEW HAMPSHIRE -- AND I'M CONFIDENT THAT WHEN
YOU SORT OUT FACT FROM FICTION, YOU'LL SEE THAT WE'VE
GOT THE BEST PLAN TO GET THIS ECONOMY GROWING AGAIN.
//
FOR ALL THE REAL HURT PEOPLE ARE SUFFERING THROUGH
TODAY, I AM CONFIDENT -- CONFIDENT THAT HERE IN NEW
HAMPSHIRE AND ALL ACROSS AMERICA, OUR RECOVERY WILL
GAIN SPEED. //
- 18 -
I LOOK BACK To THE EARLY 80's, WHEN THE ECONOMY WENT
THROUGH A TOUGH PERIOD OF WHEEL-SPINNING BEFORE IT SET
OUT ON THE PATH OF SUSTAINED GROWTH -- A RECOVERY THAT
MEANT BETTER LIVES FOR MILLIONS OF AMERICAN FAMILIES,
BETTER TIMES FOR MANY OF YOU. I BELIEVE WE'LL LOOK
BACK ON THE EARLY 90's THE SAME WAY -- AS THE MOMENT
THE AMERICAN ECONOMY MOVED FORWARD TO MEET THE
CHALLENGES OF A NEW CENTURY AND A NEW WORLD --
CONFIDENT, CERTAIN AND FULL OF HOPE. //
- 19 -
I'M AN OPTIMIST BECAUSE I REMAIN CONVINCED
AMERICA'S "FUNDAMENTALS" ARE SOUND. I'M TALKING NOT IN
THE NARROW ECONOMIC SENSE -- BUT ABOUT THE BROAD
FUNDAMENTALS THAT SUSTAIN AMERICAN SOCIETY: FAITH AND
FAMILY. AND OF COURSE, THE CORNERSTONE OF OUR AMERICAN
IDEA: THE BEDROCK BELIEF IN FREEDOM BORN HERE so MANY
CENTURIES AGO IN THE RUGGED HILLS AND HAMLETS OF NEW
HAMPSHIRE. //
- 20 -
TONIGHT I THANK EACH AND EVERY ONE OF YOU FOR SUCH
A WARM WELCOME ON THIS CHILL NIGHT -- FOR HELPING US
TAKE A STRONG FIRST STEP FORWARD TOWARD THAT FUTURE.
IT ALL BEGINS RIGHT HERE, IN NEW HAMPSHIRE -- AND I ASK
EVERY ONE OF YOU FOR YOUR SUPPORT. // MAY GOD BLESS
THE UNITED STATES OF AMERICA -- AND THANK YOU, NEW
HAMPSHIRE.
# # #
THE WHITE HOUSE
WASHINGTON
JANUARY 14, 1992
MEMORANDUM FOR THE PRESIDENT
THROUGH:
DAVID DEMAREST
TONY SNOW TS
FROM:
DAN McGROARTY DMer
SUBJECT:
SPEECH TO THE PORTSMOUTH, N.H. ROTARY CLUB
I. SUMMARY
On Wednesday, January 15 at 6:20 p.m., you will speak
at the Portsmouth Rotary Club. This event is the day's
final stop in New Hampshire. You will depart before dinner.
II. DISCUSSION
The remarks (12 minutes, on cards) lay out your four-
point test for economic growth. They also strongly condemn
protectionism and the Democrats' government-knows-best
mentality.
In reference to p. 1 humor: Four years ago, you were
scheduled to address the Portsmouth Rotary (then as now at
Yokens Restaurant), only to be called back to Washington by
President Reagan to cast a potential tie-breaking vote as
President of the Senate. Former Governor Hugh Gregg spoke
in your stead (for which he has been subject to much good
natured ribbing) while you made a courtesy call to the
dinner from Air Force Two en route to Washington.
You will be introduced by Cliff Taylor, past President
of the Rotary, who intends to mention your earlier scheduled
appearance.
# # #
McGroarty/Bunton
January 14, 1992
1:30 pm
[NHPORT]
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
YOKENS RESTAURANT
PORTSMOUTH, NEW HAMPSHIRE
JANUARY 15, 1991
7:00 P.M.
Thank you, Cliff {Taylor, past-president of Portsmouth
Rotary}. / That's right -- Hugh Gregg asked me to deliver his
speech tonight. // You've heard once again the story of my last
visit here. For four years, you've wondered: was it the
broccoli? //
It's great to see so many familiar faces. [Introductory
acknowledgements: Senator Smith. Cong. Zeliff. Exec. Counselor
of N.H. Ruth Griffen. The Governors Gregg -- Hugh and Judd.]
I am pleased to be here tonight. I know the Rotarian rule:
You miss a meeting -- you have to make it up. // And you've got
to hand it to Yokens. Who else would hold a reservation for four
years? //
As Cliff Taylor pointed out, plenty has happened in those
four years. / Four years ago, our world was locked in
ideological struggle and nuclear stalemate. Four years ago,
freedom was under siege. Today, freedom is on the march. The
Berlin Wall / the Warsaw Pact -- the Soviet Bloc and even the
Soviet Union itself: all vanquished not by force, but by
history's most powerful idea -- the love of freedom. / Today
the Cold War is over: a great victory for this nation and the
2
principles we cherish -- a triumph for people everywhere who look
to America as the land of liberty. //
One year ago today, our love of liberty was put to the test.
Saddam Hussein watched the last hours of the UN deadline slip
away. He counted on the Western world to waste itself in empty
indignation. He counted on the U.S. and its allies to succumb to
doubt, division and disarray. He didn't count on Desert Storm.
// Today, Kuwait is free / our hostages have come home / and the
prospects of peace in the Middle East stand higher than ever
before. Saddam's Iraq stands isolated and alone -- caught in a
web of sanctions, subject to U.N. inspection. All because
America took action. //
I don't know a single American who doesn't celebrate these
changes, and the hope they bring to all the world. But I also
know it's tough to focus on what's happening thousands of miles
away, when times are tough here at home -- when the company
you've worked for has shut down, when you're out of work, or
worried your job might be next. / {ADD REFERENCE TO EARLIER
STOPS OR "MAN ON THE STREET" QUOTE.} I know: Hard times have
come to New Hampshire. //
Right now, candidates are criss-crossing this state, each
one out-promising the other. // You've heard it all -- and some
of it, you've heard before. The same old shop-worn message of
class warfare: Rich against poor -- the "haves" against the
"have nots." You've got to wonder: Where's the middle? Where's
Middle America -- middle class families like yours? I'm talking
3
about the people who pay their taxes, and their bills -- and are
tired of politicians who think they can tax and spend and damn
the deficit. People like you -- who send their kids to school to
learn -- not to subject them to some sort of government-knows-
best social engineering. For the life of me, I can't understand
what's wrong with letting parents choose their children's
schools. / I'm talking about people who side with the victims
of crime against the criminals. Honest, decent people -- people
who have learned the hard way that when government steps in, it's
far more likely to hurt than help. //
The people of this state know what's real, and they know
what works. When someone tries to sell you the old government-
knows-best line -- I say: New Hampshire knows better. //
The same goes for those now beating the drum for a new
protectionism. The simple truth is, protectionism isn't a
prescription for prosperity. Boil away all the tough talk, all
the patriotic posturing, and protectionism is nothing more than a
smokescreen for a country running scared. // The America I know
is a country ready to take on the world -- ready to rise to new
levels, not run for cover. / We've got to open up new markets
to American products -- not lock the doors, pull down the shades
and tell the world to go away. Never in this nation's long
history has America turned its back on a challenge -- and we
won't start now. A proud America will never be protectionist.
Take a look around -- at the new realities of global trade.
New Hampshire businesses reap more than $1.2 billion dollars a
4
year from exports -- $325 million dollars a year from Canada
alone. But it doesn't stop there. Companies across this state
sell $176 million more in the countries I just came from: Korea,
Singapore, Australia and Japan. / Just a few hours ago I was at
CableTron Systems -- one of America's great entrepreneurial
success stories. Cabletron's secret to growth -- even in the
midst of these difficult times -- comes from the aggressive way
they've fought their way to the top of the international market.
That's good for New Hampshire -- and good for America.
I came here four years ago and said: Read my lips. No new
taxes. I also said I'd do my best to get runaway federal
spending under control. So in 1990 I asked Congress to cut the
growth of federal spending and federal debt.
My negotiators insisted on holding the line on spending and
taxes. Democrats said: "Read our lips. We want taxes. " They
refused to negotiate any spending cuts or spending controls
unless we put taxes on the table.
Then came August -- and Saddam's invasion of Kuwait. Gramm-
Rudman restrictions threatened to slash our defense budget at the
moment of maximum danger -- during the time we were sending our
brave men and women to the Gulf.
I couldn't let the Democrats "play chicken" with our
national security. I made the tough call -- the right call. For
all the controversy, the budget deal accomplished some very
important things.
5
We didn't raise personal income-tax rates for most
Americans, and we didn't raise the top rates. / We preserved
indexation, which meant that no one would be punished by bracket
creep. So in spite of the Democrats, whatever cost-of-living
increase you get goes to you -- not the tax man.
We got tough new enforceable caps on domestic discretionary
spending and a pay-as-you-go system to stop the growth of new
entitlement programs. In other words, we got a mechanism for
getting spending under control.
That discipline enabled the Federal Reserve to lower
interest rates. As a result, lower rates will help people save
$45 billion this year by refinancing their mortgages. That's $45
billion in people's pockets and bank accounts.
Now, no Republican President likes to raise taxes. Ronald
Reagan sure didn't when he had to. And I hated doing it in 1990
[[-- better to eat broccoli for breakfast. ]] But I'll say now
what I said then: The problem in Washington isn't a Republican
President. It's a Democratic Congress determined to stop me. //
So when talk turns to the economy, don't let anyone sell you
bumpersticker slogans in place of straight talk. Ask the hard
questions. Don't settle for Brand X. Any growth package worth
the name should pass the following tests:
First, does it make economic sense? A real growth package
has to work in the real world. Start with what I call the "stork
test": where do jobs come from? Jobs don't just appear out of
thin air -- or with the stroke of a politician's pen. Jobs come
6
from people who start with a dream, add hard work and a
willingness to take risks. A real growth package rewards risk-
takers. We've got to make it easier for investors to invest --
easier for people to turn their bright ideas into goods and
services people want and need. //
Second, you!ve got to ask: does it make America more
competitive? A real growth package helps establish a sound
economic environment for the future. It promotes innovation --
the pioneering products that help America prosper. It advances
education -- the key to a workforce that places a premium on
intelligence. It opens markets to American exports -- and
creates jobs right here at home. //
Third, does it help people keep their house in order? What
does it do for the American Family. A good growth package should
preserve basic assets -- like the value of your home. For most
people, their home is more than a roof over their head -- it's
the largest investment they've ever made, the inheritance they
plan to pass on to their children. A real growth package will
help families protect this investment. It will include
incentives that help you save for your kids' education -- provide
for your family's health, and put something away for your own
retirement.
We all know no American family could afford to run its
affairs the way the federal government does. That's why the
fourth test of any growth plan has to be: does it help put
government's house in order?
7
A good growth package won't add to the deficit. We can and
ought to cut government spending. But you know what's happening
down in Washington. You hear the same old Capitol Hill crowd
talking about another $50 billion dollars in federal spending:
$50 billion dollars the government doesn't have -- money we
borrow from the future to build more boondoggles and bureaucracy.
/ This year, federal spending will top $1.4 trillion. I say:
Americans are entitled to ask what they're getting for their $1.4
trillion's worth. //
So it all boils down to this: a real growth package helps
make American industry competitive / helps American families plan
for the future / and helps create American jobs.
So listen to what my competition says -- then hear me out.
I'm counting on the people of New Hampshire -- and I'm confident
that when you sort out fact from fiction, you'll see that we've
got the best plan to get this economy growing again. //
For all the real hurt people are suffering through today, I
am confident -- confident that here in Portsmouth and all across
America, our recovery will gain speed. // I look back to the
early 80's, when the economy went through a tough period of
wheel-spinning before it set out on the path of sustained growth
-- a recovery that meant better lives for millions of American
families, better times for many of you. I believe we'll look
back on the early 90's the same way -- as the moment the American
economy moved forward to meet the challenges of a new century and
a new world -- confident, certain and full of hope. //
8
Tonight I thank each and every one of you for such a warm
welcome on this chill night -- for helping us take a strong first
step forward toward that future. It all begins right here, in
New Hampshire -- and I ask every one of you for your support. //
May God bless the United States of America -- and thank you,
New Hampshire.
# # #
CLOSE HOLD
Document No.
WHITE HOUSE STAFFING MEMORANDUM
32 JAN 14 P4:
I
DATE:
1/14/92
ACTION/CONCURRENCE/COMMENT DUE BY:
---
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
SUBJECT:
WEDNESDAY, 1/15/92
ACTION FYI
ACTION FYI
-
VICE PRESIDENT
/
HORNER
-
SKINNER
-
-
MCCLURE
-
SCOWCROFT
-
1
PETERSMEYER
1
DARMAN
PORTER
-
BRADY
1
ROGICH
-
BROMLEY
SMITH
1
CARD
KAUFMAN
-
-
SNOW
DEMAREST
FITZWATER
GRAY
-
HOLIDAY
REMARKS:
The attached has been forwarded to the President.
SENSITIVE
CLOSE HOLD
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
THE WHITE HOUSE
WASHINGTON
JANUARY 14, 1992
92 JAN14 P2: 26
MEMORANDUM FOR THE PRESIDENT
THROUGH:
DAVID DEMAREST
TONY SNOW TS
FROM:
DAN McGROARTY Imer
SUBJECT:
SPEECH TO THE PORTSMOUTH, N.H. ROTARY CLUB
I. SUMMARY
On Wednesday, January 15 at 6:20 p.m., you will speak
at the Portsmouth Rotary Club. This event is the day's
final stop in New Hampshire. You will depart before dinner.
II. DISCUSSION
The remarks (12 minutes, on cards) lay out your four-
point test for economic growth. They also strongly condemn
protectionism and the Democrats' government-knows-best
mentality.
In reference to p. 1 humor: Four years ago, you were
scheduled to address the Portsmouth Rotary (then as now at
Yokens Restaurant), only to be called back to Washington by
President Reagan to cast a potential tie-breaking vote as
President of the Senate. Former Governor Hugh Gregg spoke
in your stead (for which he has been subject to much good
natured ribbing) while you made a courtesy call to the
dinner from Air Force Two en route to Washington.
You will be introduced by Cliff Taylor, past President
of the Rotary, who intends to mention your earlier scheduled
appearance.
# # #
McGroarty/Bunton
January 14, 1992
1:30 pm
[NHPORT]
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
YOKENS RESTAURANT
PORTSMOUTH, NEW HAMPSHIRE
JANUARY 15, 1991
7:00 P.M.
Thank you, Cliff {Taylor, past-president of Portsmouth
Rotary}. / That's right -- Hugh Gregg asked me to deliver his
speech tonight. // You've heard once again the story of my last
visit here. For four years, you've wondered: was it the
broccoli? //
It's great to see so many familiar faces. [Introductory
acknowledgements: Senator Smith. Cong. Zeliff. Exec. Counselor
of N.H. Ruth Griffen. The Governors Gregg -- Hugh and Judd.]
I am pleased to be here tonight. I know the Rotarian rule:
You miss a meeting -- you have to make it up. // And you've got
to hand it to Yokens. Who else would hold a reservation for four
years? //
As Cliff Taylor pointed out, plenty has happened in those
four years. / Four years ago, our world was locked in
ideological struggle and nuclear stalemate. Four years ago,
freedom was under siege. Today, freedom is on the march. The
Berlin Wall / the Warsaw Pact -- the Soviet Bloc and even the
Soviet Union itself: all vanquished not by force, but by
history's most powerful idea -- the love of freedom. / Today
the Cold War is over: a great victory for this nation and the
2
principles we cherish -- a triumph for people everywhere who look
to America as the land of liberty. //
One year ago today, our love of liberty was put to the test.
Saddam Hussein watched the last hours of the UN deadline slip
away. He counted on the Western world to waste itself in empty
indignation. He counted on the U.S. and its allies to succumb to
doubt, division and disarray. He didn't count on Desert Storm.
// Today, Kuwait is free / our hostages have come home / and the
prospects of peace in the Middle East stand higher than ever
before. Saddam's Iraq stands isolated and alone -- caught in a
web of sanctions, subject to U.N. inspection. All because
America took action. //
I don't know a single American who doesn't celebrate these
changes, and the hope they bring to all the world. But I also
know it's tough to focus on what's happening thousands of miles
away, when times are tough here at home -- when the company
you've worked for has shut down, when you're out of work, or
worried your job might be next. / {ADD REFERENCE TO EARLIER
STOPS OR "MAN ON THE STREET" QUOTE.} I know: Hard times have
come to New Hampshire. / /
Right now, candidates are criss-crossing this state, each
one out-promising the other. // You've heard it all -- and some
of it, you've heard before. The same old shop-worn message of
class warfare: Rich against poor -- the "haves" against the
"have nots." You've got to wonder: Where's the middle? Where's
Middle America -- middle class families like yours? I'm talking
3
about the people who pay their taxes, and their bills -- and are
tired of politicians who think they can tax and spend and damn
the deficit. People like you -- who send their kids to school to
learn -- not to subject them to some sort of government-knows-
best social engineering. For the life of me, I can't understand
what's wrong with letting parents choose their children's
schools. / I'm talking about people who side with the victims
of crime against the criminals. Honest, decent people -- people
who have learned the hard way that when government steps in, it's
far more likely to hurt than help. //
The people of this state know what's real, and they know
what works. When someone tries to sell you the old government-
knows-best line -- I say: New Hampshire knows better. //
The same goes for those now beating the drum for a new
protectionism. The simple truth is, protectionism isn't a
prescription for prosperity. Boil away all the tough talk, all
the patriotic posturing, and protectionism is nothing more than a
smokescreen for a country running scared. // The America I know
is a country ready to take on the world -- ready to rise to new
levels, not run for cover. / We've got to open up new markets
to American products -- not lock the doors, pull down the shades
and tell the world to go away. Never in this nation's long
history has America turned its back on a challenge -- and we
won't start now. A proud America will never be protectionist.
Take a look around -- at the new realities of global trade.
New Hampshire businesses reap more than $1.2 billion dollars a
4
year from exports -- $325 million dollars a year from Canada
alone. But it doesn't stop there. Companies across this state
sell $176 million more in the countries I just came from: Korea,
Singapore, Australia and Japan. / Just a few hours ago I was at
CableTron Systems -- one of America's great entrepreneurial
success stories. Cabletron's secret to growth -- even in the
midst of these difficult times -- comes from the aggressive way
they've fought their way to the top of the international market.
That's good for New Hampshire -- and good for America.
I came here four years ago and said: Read my lips. No new
taxes. I also said I'd do my best to get runaway federal
spending under control. So in 1990 I asked Congress to cut the
growth of federal spending and federal debt.
My negotiators insisted on holding the line on spending and
taxes. Democrats said: "Read our lips. We want taxes.' They
refused to negotiate any spending cuts or spending controls
unless we put taxes on the table.
Then came August -- and Saddam's invasion of Kuwait. Gramm-
Rudman restrictions threatened to slash our defense budget at the
moment of maximum danger -- during the time we were sending our
brave men and women to the Gulf.
I couldn't let the Democrats "play chicken" with our
national security. I made the tough call -- the right call. For
all the controversy, the budget deal accomplished some very
important things.
5
We didn't raise personal income-tax rates for most
Americans, and we didn't raise the top rates. / We preserved
indexation, which meant that no one would be punished by bracket
creep. So in spite of the Democrats, whatever cost-of-living
increase you get goes to you -- not the tax man.
We got tough new enforceable caps on domestic discretionary
spending and a pay-as-you-go system to stop the growth of new
entitlement programs. In other words, we got a mechanism for
getting spending under control.
That discipline enabled the Federal Reserve to lower
interest rates. As a result, lower rates will help people save
$45 billion this year by refinancing their mortgages. That's $45
billion in people's pockets and bank accounts.
Now, no Republican President likes to raise taxes. Ronald
Reagan sure didn't when he had to. And I hated doing it in 1990
[[-- better to eat broccoli for breakfast. But I'll say now
what I said then: The problem in Washington isn't a Republican
President. It's a Democratic Congress determined to stop me. //
So when talk turns to the economy, don't let anyone sell you
bumpersticker slogans in place of straight talk. Ask the hard
questions. Don't settle for Brand X. Any growth package worth
the name should pass the following tests:
First, does it make economic sense? A real growth package
has to work in the real world. Start with what I call the "stork
test": where do jobs come from? Jobs don't just appear out of
thin air -- or with the stroke of a politician's pen. Jobs come
6
from people who start with a dream, add hard work and a
willingness to take risks. A real growth package rewards risk-
takers. We've got to make it easier for investors to invest --
easier for people to turn their bright ideas into goods and
services people want and need. //
Second, you've got to ask: does it make America more
competitive? A real growth package helps establish a sound
economic environment for the future. It promotes innovation --
the pioneering products that help America prosper. It advances
education -- the key to a workforce that places a premium on
intelligence. It opens markets to American exports -- and
creates jobs right here at home. //
Third, does it help people keep their house in order? What
does it do for the American Family. A good growth package should
preserve basic assets -- like the value of your home. For most
people, their home is more than a roof over their head -- it's
the largest investment they've ever made, the inheritance they
plan to pass on to their children. A real growth package will
help families protect this investment. It will include
incentives that help you save for your kids' education -- provide
for your family's health, and put something away for your own
retirement.
We all know no American family could afford to run its
affairs the way the federal government does. That's why the.
fourth test of any growth plan has to be: does it help put
government's house in order?
7
A good growth package won't add to the deficit. We can and
ought to cut government spending. But you know what's happening
down in Washington. You hear the same old Capitol Hill crowd
talking about another $50 billion dollars in federal spending:
$50 billion dollars the government doesn't have -- money we
borrow from the future to build more boondoggles and bureaucracy.
/ This year, federal spending will top $1.4 trillion. I say:
Americans are entitled to ask what they're getting for their $1.4
trillion's worth. / /
So it all boils down to this: a real growth package helps
make American industry competitive / helps American families plan
for the future / and helps create American jobs.
So listen to what my competition says -- then hear me out.
I'm counting on the people of New Hampshire -- and I'm confident
that when you sort out fact from fiction, you'll see that we've
got the best plan to get this economy growing again. //
For all the real hurt people are suffering through today, I
am confident -- confident that here in Portsmouth and all across
America, our recovery will gain speed. // I look back to the
early 80's, when the economy went through a tough period of
wheel-spinning before it set out on the path of sustained growth
-- a recovery that meant better lives for millions of American
families, better times for many of you. I believe we'll look
back on the early 90's the same way -- as the moment the American
economy moved forward to meet the challenges of a new century and
a new world -- confident, certain and full of hope. //
8
Tonight I thank each and every one of you for such a warm
welcome on this chill night -- for helping us take a strong first
step forward toward that future. It all begins right here, in
New Hampshire -- and I ask every one of you for your support. //
May God bless the United States of America -- and thank you,
New Hampshire.
# # #
CLOSE HOLD
Document No. 298711ss
WHITE HOUSE STAFFING MEMORANDUM
92 JAN 13 P7:19
DATE:
1/13/92
ACTION/CONCURRENCE/COMMENT DUE BY: TUESDAY, 1/14/92 NOON
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
PORTSMOUTH, NH - - WED. 1/15/92
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCCLURE
SCOWCROFT
PETERSMEYER
DARMAN
PORTER
BRADY
ROGICH
BROMLEY
SMITH
CARD
KAUFMAN
SNOW
DEMAREST
FITZWATER
GRAY
N/C
CARNEY
HOLIDAY
REMARKS:
Please forward your comments directly to Tony Snow, Rm. 122, x2930,
no later than NOON, TUESDAY, JANUARY 14, with a copy to this office.
Thank you.
SENSITIVE
CLOSE HOLD
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
McGroarty/Bunton
January 13, 1992
10:30 am
92 JAN 13 P5: 35
[NHPORT]
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
YOKENS RESTAURANT
PORTSMOUTH, NEW HAMPSHIRE
JANUARY 15, 1991
7:00 P.M.
Thank you, Cliff {Taylor, past-president of Portsmouth
Rotary}. / That's right -- Hugh Gregg couldn't make it tonight.
// You've heard once again the story of my last visit here.
For four years, you've wondered: was it the broccoli? //
It's great to see so many familiar faces. [Introductory
acknowledgements: Sens. Rudman and Smith. Cong. Zellick. Exec.
Counselor of N.H. Ruth Griffen. Gov. Gregg.]
I am pleased to be here tonight. I know the Rotarian rule:
You miss a meeting -- you have to make it up. // And you've got
to hand it to Yokens. Who else would hold a reservation for four
years? //
As Cliff Taylor pointed out, plenty has happened in those
four years. / Four years ago, our world was locked in
ideological struggle and nuclear stalemate. Four years ago,
freedom was under siege. Today, freedom is on the march. The
Berlin Wall / the Warsaw Pact -- the Soviet Bloc and even the
Soviet Union itself: all vanquished not by force, but by
history's most powerful idea -- the love of freedom. / Today
the Cold War is over: a great victory for this nation and the
principles we cherish -- a triumph for people everywhere who look
to America as the land of liberty. //
2
One year ago today, our love of liberty was put to the test.
Saddam Hussein watched the last hours of the UN deadline slip
away. He counted on the Western world to waste itself in empty
indignation. He counted on the U.S. and its allies to succumb to
doubt, division and disarray. He didn't count on Desert Storm.
// Today, Kuwait is free / our hostages have come home / and the
prospects of peace in the Middle East stand higher than ever
before. All because America took action. //
I don't know a single American who doesn't celebrate these
changes, and the hope they bring to all the world. But I also
know it's tough to focus on what's happening thousands of miles
away, when times are tough here at home -- when the company
you've worked for has shut down, when you're out of work, or
worried your job might be next. / {ADD REFERENCE TO EARLIER
STOPS OR "MAN ON THE STREET" QUOTE.} I know: Hard times have
come to New Hampshire. //
Right now, candidates are criss-crossing this state, each
one out-promising the other. // You've heard it all -- and some
of it, you've heard before. The same old shop-worn message of
class warfare: Rich against poor -- the "haves" against the
"have nots. " You've got to wonder: Where's the middle? Where's
Middle America -- middle class families like yours? I'm talking
about the people who pay their taxes, and their bills -- and are
tired of politicians who think they can tax and spend and damn
the deficit. People like you -- who send their kids to school to
learn -- not to subject them to some sort of government-knows-
3
best social engineering. For the life of me, I can't understand
what's wrong with letting parents choose their children's
schools. / I'm talking about people who side with the victims
of crime against the criminals. Honest, decent people -- people
who have learned the hard way that when government steps in, it's
far more likely to hurt than help. //
The people of this state know what's real, and they know
what works. When someone tries to sell you the old government-
knows-best line -- I say: New Hampshire knows better. //
The same goes for those now beating the drum for a new
protectionism. The simple truth is, protectionism isn't a
prescription for prosperity. Boil away all the tough talk, all
the patriotic posturing, and protectionism is nothing more than a
smokescreen for a country running scared. // The America I know
is a country ready to take on the world -- ready to rise to new
levels, not run for cover. We've got to open up new markets to
American products -- not lock the doors, pull down the shades and
tell the world to go away. Never in this nation's long history
has America turned its back on a challenge -- and we won't start
now. A proud America will never be protectionist. //
Take a look around -- at the new realities of global trade.
New Hampshire businesses reap more than $1.2 billion dollars a
year from exports. This state sells $325 million dollars a year
to Canada. But it doesn't stop there. Companies across this
state sell $168 million more in the countries I just came from:
Korea, Singapore, Australia and Japan. / Just a few hours ago I
4
was at CableTron Systems -- one of America's great
entrepreneurial success stories. Cabletron's secret to growth -
- even in the midst of these difficult times -- comes from the
aggressive way they've fought their way to the top of the
international market. That's good for New Hampshire -- and good
for America.
This one fact tells you all you really need to know:
without exports, New Hampshire's unemployment rate would be
double what it is right now. //
So when talk turns to the economy, don't let anyone sell you
bumpersticker logic in place of straight talk. Ask the hard
questions. Don't settle for Brand X -- the glossy package, with
all the details deferred 'til later. Any growth package worth
the name should pass the following tests:
First, does it make economic sense? A real growth package
has to work in the real world. Start with what I call the "stork
test": where do jobs come from? Jobs don't just appear out of
thin air -- or with the stroke of a politician's pen. Jobs come
from people who start with a dream, add hard work and a
willingness to take risks. A real growth package rewards risk-
takers. We've got to make it easier for investors to invest --
easier for people to turn their bright ideas into goods and
services people want and need. //
Second, you've got to ask: does it make America more
competitive? A real growth package helps establish a sound
economic environment for the future. It promotes innovation --
5
the pioneering products that help America prosper. It advances
education -- the key to a workforce that places a premium on
intelligence. It opens markets to American exports -- and
creates jobs right here at home. //
Third, does it help people keep their house in order? What
does it do for the American Family. A good growth package should
preserve basic assets -- like the value of your home. For most
people, their home is more than a roof over their head -- it's
the largest investment they've ever made, the inheritance they
plan to pass on to their children. A real growth package will
help families protect this investment. It will include
incentives that help you save for your kids' education -- provide
for your family's health, and put something away for your own
retirement.
We all know no American family could afford to run its
affairs the way the federal government does. That's why the
fourth test has to be: does it help put government's house in
order?
A good growth package won't add to the deficit. We can and
ought to cut government spending. But you know what's happening
down in Washington. You hear the same old Capitol Hill crowd
talking about another $50 billion dollars in federal spending:
$50 billion dollars the government doesn't have -- money we
borrow from the future to build more boondoggles and bureaucracy.
/ This year, federal spending will top $1.4 billion. I say:
6
Americans are entitled to ask what they're getting for their $1.4
billion's worth. //
So it all boils down to this: a real growth package helps
make American industry competitive / helps American families plan
for the future / and helps create American jobs.
So listen to what my competition says -- then hear me out in
the State of the Union. I'm counting on the people of New
Hampshire -- and I'm confident that when you sort out fact from
fiction, you'll see that we've got the best plan to get this
economy growing again. //
For all the real hurt people are suffering through today, I
am confident -- confident that here in Portsmouth and all across
America, our recovery will gain speed. // I look back to the
early 80's, when the economy went through a tough period of
wheel-spinning before it set out on the path of sustained growth
-- a recovery that meant better lives for millions of American
families, better times for many of you. I believe we'll look
back on the early 90's the same way -- as the moment the American
economy moved forward to meet the challenges of a new century and
a new world -- confident, certain and full of hope. //
Tonight I thank each and every one of you for this warm
welcome -- for helping us take a step forward toward that future.
// May God bless the United States of America -- and thank you,
New Hampshire.
# # #
CLOSE HOLD
298711ss
Document No.
WHITE HOUSE STAFFING MEMORANDUM
92 JAN14 Ppll: 1111
DATE:
1/13/92
ACTION/CONCURRENCE/COMMENT DUE BY: TUESDAY, 1/14/92 NOON
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
PORTSMOUTH, NH - - WED. 1/15/92
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCCLURE
SCOWCROFT
PETERSMEYER
DARMAN
PORTER
BRADY
ROGICH
BROMLEY
SMITH
CARD
KAUFMAN
SNOW
DEMAREST
FITZWATER
GRAY
HOLIDAY
REMARKS:
Please forward your comments directly to Tony Snow, Rm. 122, x2930,
no later than NOON, TUESDAY, JANUARY 14, with a copy to this office.
Thank you.
SENSITIVE
See comments
CLOSE HOLD
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
McGroarty/Bunton
January 13, 1992
92 JAN13 P5: 36
10:30 am
[NHPORT]
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
YOKENS RESTAURANT
PORTSMOUTH, NEW HAMPSHIRE
JANUARY 15, 1991
7:00 P.M.
Thank you, Cliff {Taylor, past-president of Portsmouth
Rotary}. / That's right -- Hugh Gregg couldn't make it tonight.
// You've heard once again the story of my last visit here.
For four years, you've wondered: was it the broccoli? //
It's great to see so many familiar faces. [Introductory
acknowledgements: Sens. Rudman and Smith. Cong. Zellick. Exec.
Counselor of N.H. Ruth Griffen. Gov. Gregg.]
I am pleased to be here tonight. I know the Rotarian rule:
You miss a meeting -- you have to make it up. // And you've got
to hand it to Yokens. Who else would hold a reservation for four
years? //
As Cliff Taylor pointed out, plenty has happened in those
four years. / Four years ago, our world was locked in
ideological struggle and nuclear stalemate. Four years ago,
freedom was under siege. Today, freedom is on the march. The
Berlin Wall / the Warsaw Pact -- the Soviet Bloc and even the
Soviet Union itself: all vanquished not by force, but by
history's most powerful idea -- the love of freedom. / Today
the Cold War is over: a great victory for this nation and the
principles we cherish -- a triumph for people everywhere who look
to America as the land of liberty. //
2
One year ago today, our love of liberty was put to the test.
Saddam Hussein watched the last hours of the UN deadline slip
away. He counted on the Western world to waste itself in empty
indignation. He counted on the U.S. and its allies to succumb to
doubt, division and disarray. He didn't count on Desert Storm.
// Today, Kuwait is free / our hostages have come home / and the
prospects of peace in the Middle East stand higher than ever
before. All because America took action. //
I don't know a single American who doesn't celebrate these
changes, and the hope they bring to all the world. But I also
know it's tough to focus on what's happening thousands of miles
away, when times are tough here at home -- when the company
you've worked for has shut down, when you're out of work, or
worried your job might be next. / {ADD REFERENCE TO EARLIER
STOPS OR "MAN ON THE STREET" QUOTE.} I know: Hard times have
come to New Hampshire. //
Right now, candidates are criss-crossing this state, each
one out-promising the other. // You've heard it all -- and some
of it, you've heard before. The same old shop-worn message of
class warfare: Rich against poor -- the "haves" against the
"have nots. " You've got to wonder: Where's the middle? Where's
Middle America -- middle class families like yours? I'm talking
about the people who pay their taxes, and their bills -- and are
tired of politicians who think they can tax and spend and damn
the deficit. People like you -- who send their kids to school to
learn -- not to subject them to some sort of government-knows-
3
best social engineering. For the life of me, I can't understand
what's wrong with letting parents choose their children's
schools. / I'm talking about people who side with the victims
of crime against the criminals. Honest, decent people -- people
who have learned the hard way that when government steps in, it's
far more likely to hurt than help. //
The people of this state know what's real, and they know
what works. When someone tries to sell you the old government-
knows-best line -- I say: New Hampshire knows better. //
The same goes for those now beating the drum for a new
protectionism. The simple truth is, protectionism isn't a
prescription for prosperity. Boil away all the tough talk, all
the patriotic posturing, and protectionism is nothing more than a
smokescreen for a country running scared. // The America I know
is a country ready to take on the world -- ready to rise to new
levels, not run for cover. We've got to open up new markets to
American products -- not lock the doors, pull down the shades and
tell the world to go away. Never in this nation's long history
has America turned its back on a challenge -- and we won't start
now. A proud America will never be protectionist. //
Take a look around -- at the new realities of global trade.
New Hampshire businesses reap more than $1.2 billion dollars a
year from exports. This state sells $325 million dollars a year
to Canada. But it doesn't stop there. Companies across this
state sell $168 million more in the countries I just came from:
Korea, Singapore, Australia and Japan. / Just a few hours ago I
4
was at CableTron Systems -- one of America's great
entrepreneurial success stories. Cabletron's secret to growth -
- even in the midst of these difficult times -- comes from the
aggressive way they've fought their way to the top of the
international market. That's good for New Hampshire -- and good
for America.
This one fact tells you all you really need to know:
without exports, New Hampshire's unemployment rate would be
double what it is right now. //
So when talk turns to the economy, don't let anyone sell you
bumpersticker logic in place of straight talk. Ask the hard
questions. Don't settle for Brand X -- the glossy package, with
all the details deferred 'til later. Any growth package worth
the name should pass the following tests:
First, does it make economic sense? A real growth package
has to work in the real world. Start with what I call the "stork
test": where do jobs come from? Jobs don't just appear out of
thin air -- or with the stroke of a politician's pen. Jobs come
from people who start with a dream, add hard work and a
willingness to take risks. A real growth package rewards risk-
takers. We've got to make it easier for investors to invest --
easier for people to turn their bright ideas into goods and
services people want and need. //
Second, you've got to ask: does it make America more
competitive? A real growth package helps establish a sound
economic environment for the future. It promotes innovation --
5
the pioneering products that help America prosper. It advances
education -- the key to a workforce that places a premium on
intelligence. It opens markets to American exports -- and
creates jobs right here at home. //
Third, does it help people keep their house in order? What
does it do for the American Family. A good growth package should
preserve basic assets -- like the value of your home. For most
people, their home is more than a roof over their head -- it's
the largest investment they've ever made, the inheritance they
plan to pass on to their children. A real growth package will
help families protect this investment. It will include
incentives that help you save for your kids' education -- provide
for your family's health, and put something away for your own
retirement.
We all know no American family could afford to run its
affairs the way the federal government does. That's why the
fourth test has to be: does it help put government's house in
order?
A good growth package won't add to the deficit. We can and
ought to cut government spending. But you know what's happening
down in Washington. You hear the same old Capitol Hill crowd
talking about another $50 billion dollars in federal spending:
$50 billion dollars the government doesn't have -- money we
borrow from the future to build more boondoggles and bureaucracy.
/ This year, federal spending will top $1.4 billion. I say:
Frillion
Damus
+
6
Americans are entitled to ask what they're getting for their $1.4
trillion
Danuy
billion's worth. //
So it all boils down to this: a real growth package helps
make American industry competitive / helps American families plan
for the future / and helps create American jobs.
So listen to what my competition says -- then hear me out in
the State of the Union. I'm counting on the people of New
Hampshire -- and I'm confident that when you sort out fact from
fiction, you'll see that we've got the best plan to get this
economy growing again. //
For all the real hurt people are suffering through today, I
am confident -- confident that here in Portsmouth and all across
America, our recovery will gain speed. // I look back to the
early 80's, when the economy went through a tough period of
wheel-spinning before it set out on the path of sustained growth
-- a recovery that meant better lives for millions of American
families, better times for many of you. I believe we'll look
back on the early 90's the same way -- as the moment the American
economy moved forward to meet the challenges of a new century and
a new world -- confident, certain and full of hope. //
Tonight I thank each and every one of you for this warm
welcome -- for helping us take a step forward toward that future.
// May God bless the United States of America -- and thank you,
New Hampshire.
# # #
CLOSE HOLD
298711ss
Document No.
243
92
WHITE/HOUSE STAFFING MEMORANDUM
P12:
55
DATE:
1/13/92
ACTION/CONCURRENCE/COMMENT DUE BY: TUESDAY, 1/14/92 NOON
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
PORTSMOUTH, NH - WED. 1/15/92
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCCLURE
SCOWCROFT
PETERSMEYER
DARMAN
PORTER
BRADY
ROGICH
BROMLEY
SMITH
CARD
KAUFMAN
SNOW
DEMAREST
FITZWATER
GRAY
HOLIDAY
REMARKS:
Please forward your comments directly to Tony Snow, Rm. 122, x2930,
no later than NOON, TUESDAY, JANUARY 14, with a copy to this office.
Thank you.
RESPONSE:
January 14, 1992
MEMORANDUM FOR TONY SNOW
The NSC staff concurs in the attached Presidential Remarks, subject to the
changes noted.
PHILLIP D. BRADY
Assistant to the President
Brent Scowcroft
and Staff Secretary
Ext. 2702
CC: Phillip D. Brady
McGroarty/Bunton
January 13, 1992
92 JAN13 P5: 36
10:30 am
[NHPORT]
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
YOKENS RESTAURANT
PORTSMOUTH, NEW HAMPSHIRE
JANUARY 15, 1991
7:00 P.M.
Thank you, Cliff {Taylor, past-president of Portsmouth
Rotary}. / That's right -- Hugh Gregg couldn't make it tonight.
// You've heard once again the story of my last visit here.
For four years, you've wondered: was it the broccoli? //
It's great to see so many familiar faces. [Introductory
acknowledgements: Sens. Rudman and Smith. Cong. Zellick. Exec.
Counselor of N.H. Ruth Griffen. Gov. Gregg.]
I am pleased to be here tonight. I know the Rotarian rule:
You miss a meeting -- you have to make it up. // And you've got
to hand it to Yokens. Who else would hold a reservation for four
years? //
As Cliff Taylor pointed out, plenty has happened in those
four years. / Four years ago, our world was locked in
ideological struggle and nuclear stalemate. Four years ago,
freedom was under siege. Today, freedom is on the march. The
Berlin Wall / the Warsaw Pact -- the Soviet Bloc and even the
Soviet Union itself: all vanquished not by force, but by
history's most powerful idea -- the love of freedom. / Today
the Cold War is over: a great victory for this nation and the
principles we cherish -- a triumph for people everywhere who look
to America as the land of liberty. //
Meanwhile, Saddam's hag is weak and yes
Isolated, Caught 2 in a web sametions and V.N.
inspections.
One year ago today, our love of liberty was put to the test.
Saddam Hussein watched the last hours of the UN deadline slip
away. He counted on the Western world to waste itself in empty
indignation. He counted on the U.S. and its allies to succumb to
doubt, division and disarray. He didn't count on Desert Storm.
undependent
// Today, Kuwait is free / our hostages have come home / and the
prospects of peace in the Middle East stand higher than ever
before.
All because America took action. //
I don't know a single American who doesn't celebrate these
See speech.
changes, and the hope they bring to all the world. But I also
know it's tough to focus on what's happening thousands of miles
away, when times are tough here at home -- when the company
you've worked for has shut down, when you're out of work, or
worried your job might be next. / {ADD REFERENCE TO EARLIER
STOPS OR "MAN ON THE STREET" QUOTE.} I know: Hard times have
come to New Hampshire. //
Right now, candidates are criss-crossing this state, each
one out-promising the other. // You've heard it all -- and some
of it, you've heard before. The same old shop-worn message of
class warfare: Rich against poor -- the "haves" against the
"have nots. " You've got to wonder: Where's the middle? Where's
Middle America -- middle class families like yours? I'm talking
about the people who pay their taxes, and their bills -- and are
tired of politicians who think they can tax and spend and damn
the deficit. People like you -- who send their kids to school to
learn -- not to subject them to some sort of government-knows-
3
best social engineering. For the life of me, I can't understand
what's wrong with letting parents choose their children's
schools. / I'm talking about people who side with the victims
of crime against the criminals. Honest, decent people -- people
who have learned the hard way that when government steps in, it's
far more likely to hurt than help. //
The people of this state know what's real, and they know
what works. When someone tries to sell you the old government-
knows-best line -- I say: New Hampshire knows better. //
The same goes for those now beating the drum for a new
protectionism. The simple truth is, protectionism isn't a
prescription for prosperity. Boil away all the tough talk, all
the patriotic posturing, and protectionism is nothing more than a
smokescreen for a country running scared. // The America I know
is a country ready to take on the world -- ready to rise to new
levels, not run for cover. We've got to open up new markets to
American products -- not lock the doors, pull down the shades and
tell the world to go away. Never in this nation's long history
has America turned its back on a challenge -- and we won't start
now. A proud America will never be protectionist. //
Take a look around -- at the new realities of global trade.
New Hampshire businesses reap more than $1.2 billion dollars a
year from exports. This state sells $325 million dollars a year
to Canada. But it doesn't stop there. Companies across this
state sell $168 million more in the countries I just came from:
Korea, Singapore, Australia and Japan. / Just a few hours ago I
4
was at CableTron Systems -- one of America's great
entrepreneurial success stories. Cabletron's secret to growth -
- even in the midst of these difficult times -- comes from the
aggressive way they've fought their way to the top of the
international market. That's good for New Hampshire -- and good
for America.
This one fact tells you all you really need to know:
without exports, New Hampshire's unemployment rate would be
double what it is right now. //
So when talk turns to the economy, don't let anyone sell you
bumpersticker logic in place of straight talk. Ask the hard
questions. Don't settle for Brand X -- the glossy package, with
all the details deferred 'til later. Any growth package worth
the name should pass the following tests:
First, does it make economic sense? A real growth package
has to work in the real world. Start with what I call the "stork
test": where do jobs come from? Jobs don't just appear out of
thin air -- or with the stroke of a politician's pen. Jobs come
from people who start with a dream, add hard work and a
willingness to take risks. A real growth package rewards risk-
takers. We've got to make it easier for investors to invest --
easier for people to turn their bright ideas into goods and
services people want and need. //
Second, you've got to ask: does it make America more
competitive? A real growth package helps establish a sound
economic environment for the future. It promotes innovation --
5
the pioneering products that help America prosper. It advances
education -- the key to a workforce that places a premium on
intelligence. It opens markets to American exports -- and
creates jobs right here at home. //
Third, does it help people keep their house in order? What
does it do for the American Family. A good growth package should
preserve basic assets -- like the value of your home. For most
people, their home is more than a roof over their head -- it's
the largest investment they've ever made, the inheritance they
plan to pass on to their children. A real growth package will
help families protect this investment. It will include
incentives that help you save for your kids' education -- provide
for your family's health, and put something away for your own
retirement.
We all know no American family could afford to run its
affairs the way the federal government does. That's why the
fourth test has to be: does it help put government's house in
order?
A good growth package won't add to the deficit. We can and
ought to cut government spending. But you know what's happening
down in Washington. You hear the same old Capitol Hill crowd
talking about another $50 billion dollars in federal spending:
$50 billion dollars the government doesn't have -- money we
borrow from the future to build more boondoggles and bureaucracy.
/ This year, federal spending will top $1.4 billion. I say:
6
Americans are entitled to ask what they're getting for their $1.4
billion's worth. //
So it all boils down to this: a real growth package helps
make American industry competitive / helps American families plan
for the future / and helps create American jobs.
So listen to what my competition says -- then hear me out in
the State of the Union. I'm counting on the people of New
Hampshire -- and I'm confident that when you sort out fact from
fiction, you'll see that we've got the best plan to get this
economy growing again. //
For all the real hurt people are suffering through today, I
am confident -- confident that here in Portsmouth and all across
America, our recovery will gain speed. // I look back to the
early 80's, when the economy went through a tough period of
wheel-spinning before it set out on the path of sustained growth
-- a recovery that meant better lives for millions of American
families, better times for many of you. I believe we'll look
back on the early 90's the same way -- as the moment the American
economy moved forward to meet the challenges of a new century and
a new world -- confident, certain and full of hope. //
Tonight I thank each and every one of you for this warm
welcome -- for helping us take a step forward toward that future.
// May God bless the United States of America -- and thank you,
New Hampshire.
# # #
CLOSE HOLD
298711ss
Document No.
WHITE HOUSE STAFFING MEMORANDUM
92 JAN 14 P12: 50
1/13/92
ACTION/CONCURRENCE/COMMENT DUE BY: TUESDAY, 1/14/92 NOON
DATE
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
PORTSMOUTH, NH - WED. 1/15/92
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCCLURE
SCOWCROFT
PETERSMEYER
DARMAN
PORTER
BRADY
ROGICH
BROMLEY
SMITH
CARD
KAUFMAN
DEMAREST
SNOW
FITZWATER
GRAY
HOLIDAY
REMARKS:
Please forward your comments directly to Tony Snow, Rm. 122, x2930,
no later than NOON, TUESDAY, JANUARY 14, with a copy to this office.
Thank you.
NLO No legal objection -memo to follow
SENSITIVE
GCS
CLOSE HOLD
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
TAKE " 6
CARNEY
Ask SUPPORTEND
in earher speeches
McGroarty/Bunton
January 13, 1992
10:30 am
[NHPORT]
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
YOKENS RESTAURANT
PORTSMOUTH, NEW HAMPSHIRE
JANUARY 15, 1991
7:00 P.M.
Thank you, Cliff {Taylor, past-president of Portsmouth
Rotary}. / That's right -- Hugh Gregg couldn't make it tonight.
// You've heard once again the story of my last visit here.
For four years, you've wondered: was it the broccoli? //
It's great to see so many familiar faces. [Introductory
acknowledgements: Sens. Rudman and Smith. Cong. Zellick. Exec.
Counselor of N.H. Ruth Griffen. Gov. Gregg GOV Gress
I am pleased to be here tonight. I know the Rotarian rule:
You miss a meeting -- you have to make it up. // And you've got
to hand it to Yokens. Who else would hold a reservation for four
years? //
As Cliff Taylor pointed out, plenty has happened in those
four years. / Four years ago, our world was locked in
ideological struggle and nuclear stalemate. Four years ago,
freedom was under siege. Today, freedom is on the march. The
Berlin Wall / the Warsaw Pact -- the Soviet Bloc and even the
Soviet Union itself: all vanquished not by force, but by
history's most powerful idea -- the love of freedom. / Today
the Cold War is over: a great victory for this nation and the
principles we cherish -- a triumph for people everywhere who look
to America as the land of liberty. //
2
One year ago today, our love of liberty was put to the test.
Saddam Hussein watched the last hours of the UN deadline slip
away. He counted on the Western world to waste itself in empty
indignation. He counted on the U.S. and its allies to succumb to
doubt, division and disarray. He didn't count on Desert Storm.
Saddenting Outot
// Today, Kuwait is free / our hostages have come home / and the
prospects of peace in the Middle East stand higher than ever
before. All because America took action. //
I don't know a single American who doesn't celebrate these
changes, and the hope they bring to all the world. But I also
know it's tough to focus on what's happening thousands of miles
away, when times are tough here at home --- when the company
you've worked for has shut down, when you're out of work, or
worried your job might be next. / {ADD REFERENCE TO EARLIER
STOPS OR "MAN ON THE STREET" QUOTE.} I know: Hard times have
come to New Hampshire. //
Right now, candidates are criss-crossing this state, each
one out-promising the other. // You've heard it all -- and some
of it, you've heard before. The same old shop-worn message of
class warfare: Rich against poor -- the "haves" against the
"have nots." You've got to wonder: Where's the middle? Where's
Middle America -- middle class families like yours? I'm talking
about the people who pay their taxes, and their bills -- and are
tired of politicians who think they can tax and spend and damn
the deficit. People like you -- who send their kids to school to
learn -- not to subject them to some sort of government-knows-
KOTARY CLUB
CONTINED
3
best social engineering. For the life of me, I can't understand
what's wrong with letting parents choose their children's
schools. / I'm talking about people who side with the victims
of crime against the criminals. Honest, decent people -- people
who have learned the hard way that when government steps in, it's
far more likely to hurt than help. //
The people of this state know what's real, and they know
what works. When someone tries to sell you the old government-
knows-best line --- I say: New Hampshire knows better. //
The same goes for those now beating the drum for a new
protectionism. The simple truth is, protectionism isn't a
prescription for prosperity. Boil away all the tough talk, all
the patriotic posturing, and protectionism is nothing more than a
smokescreen for a country running scared. // The America I know
is a country ready to take on the world --- ready to rise to new
levels, not run for cover. We've got to open up new markets to
American products - -- not lock the doors, pull down the shades and
tell the world to go away. Never in this nation's long history
has America turned its back on a challenge . -- and we won't start
now. A proud America will never be protectionist. //
Take a look around -- at the new realities of global trade.
New Hampshire businesses reap more than $1.2 billion dollars a
year from exports. This state sells $325 million dollars a year
to Canada. But it doesn't stop there. Companies across this
176B
state sell $168 million more in the countries I just came from:
Korea, Singapore, Australia and Japan. / Just a few hours ago I
4
was at CableTron Systems -- one of America's great
entrepreneurial success stories. Cabletron's secret to growth -
- even in the midst of these difficult times -- comes from the
aggressive way they've fought their way to the top of the
international market. That's good for New Hampshire -- and good
for America.
This one fact tells you all you really need to know:
without exports, New Hampshire's unemployment rate would be
double what it is right now. //
So when talk turns to the economy, don't let anyone sell you
bumpersticker logic in place of straight talk. Ask the hard
questions. Don't settle for Brand X -- the glossy package, with
all the details deferred 'til later. Any growth package worth
the name should pass the following tests:
First, does it make economic sense? A real growth package
has to work in the real world. Start with what I call the "stork
test": where do jobs come from? Jobs don't just appear out of
thin air -- or with the stroke of a politician's pen. Jobs come
from people who start with a dream, add hard work and a
willingness to take risks. A real growth package rewards risk-
takers. We've got to make it easier for investors to invest --
easier for people to turn their bright ideas into goods and
services people want and need. //
Second, you've got to ask: does it make America more
competitive? A real growth package helps establish a sound
economic environment for the future. It promotes innovation --
5
the pioneering products that help America prosper. It advances
education -- the key to a workforce that places a premium on
intelligence. It opens markets to American exports -- and
creates jobs right here at home. //
Third, does it help people keep their house in order? What
does it do for the American Family. A good growth package should
preserve basic assets -- like the value of your home. For most
people, their home is more than a roof over their head -- it's
the largest investment they've ever made, the inheritance they
plan to pass on to their children. A real growth package will
help families protect this investment. It will include
incentives that help you save for your kids' education -- provide
for your family's health, and put something away for your own
retirement.
We all know no American family could afford to run its
affairs the way the federal government does. That's why the
fourth test has to be: does it help put government's house in
order?
A good growth package won't add to the deficit. We can and
ought to cut government spending. But you know what's happening
down in Washington. You hear the same old Capitol Hill crowd
talking about another $50 billion dollars in federal spending:
$50 billion dollars the government doesn't have -- money we
borrow from the future to build more boondoggles and bureaucracy.
/ This year, federal spending will top $1.4 billion. I say:
6
Americans are entitled to ask what they're getting for their $1.4
billion's worth. //
So it all boils down to this: a real growth package helps
make American industry competitive / helps American families plan
2/6
for the future / and helps create American jobs.
Add
So listen to what my competition says -- then hear me out in
More
to
the State of the Union. I'm counting on the people of New
Hampshire -- and I'm confident that when you sort out fact from
First
fiction, you'll see that we've got the best plan to get this
speech...
ADD
economy growing again. //
TO
OTHERS
For all the real hurt people are suffering through today, I
am confident -- confident that here in Portsmouth and all across
America, our recovery will gain speed. // I look back to the
early 80's, when the economy went through a tough period of
wheel-spinning before it set out on the path of sustained growth
-- a recovery that meant better lives for millions of American
families, better times for many of you. I believe we'll look
back on the early 90's the same way -- as the moment the American
economy moved forward to meet the challenges of a new century and
a new world -- confident, certain and full of hope. //
Tonight I thank each and every one of you for this warm
welcome -- for helping us take a step forward toward that future.
// May God bless the United States of America -- and thank you,
New Hampshire.
# # #
Tony
,
Justa few comments.
32
Thanks Jr.
McGroarty/Bunton
January 13, 1992
92 JANN'T'S All5::3326
1/14
10:30 am
[NHPORT]
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
YOKENS RESTAURANT
PORTSMOUTH, NEW HAMPSHIRE
JANUARY 15, 1991
7:00 P.M.
Thank you, Cliff {Taylor, past-president of Portsmouth
Rotary}. / That's right -- Hugh Gregg couldn't make it tonight.
// You've heard once again the story of my last visit here.
For four years, you've wondered: was it the broccoli? //
It's great to see so many familiar faces. [Introductory
acknowledgements: Sens. Rudman and Smith. Cong. Zellick. Exec.
Counselor of N.H. Ruth Griffen. Gov. Gregg.]
I am pleased to be here tonight. I know the Rotarian rule:
You miss a meeting -- you have to make it up. // And you've got
to hand it to Yokens. Who else would hold a reservation for four
years? //
As Cliff Taylor pointed out, plenty has happened in those
four years. / Four years ago, our world was locked in
ideological struggle and nuclear stalemate. Four years ago,
freedom was under siege. Today, freedom is on the march. The
Berlin Wall / the Warsaw Pact -- the Soviet Bloc and even the
Soviet Union itself: all vanquished not by force, but by
history's most powerful idea -- the love of freedom. / Today
the Cold War is over: a great victory for this nation and the
principles we cherish -- a triumph for people everywhere who look
to America as the land of liberty. //
a hit of a shight atreligion.
2
One year ago today, our love of liberty was put to the test.
Saddam Hussein watched the last hours of the UN deadline slip
away. He counted on the Western world to waste itself in empty
indignation. He counted on the U.S. and its allies to succumb to
doubt, division and disarray. He didn't count on Desert Storm.
// Today, Kuwait is free / our hostages have come home / and the
prospects of peace in the Middle East stand higher than ever
before. All because America took action. //
I don't know a single American who doesn't celebrate these
changes, and the hope they bring to all the world. But I also
know it's tough to focus on what's happening thousands of miles
away, when times are tough here at home -- when the company
you've worked for has shut down, when you're out of work, or
worried your job might be next. / {ADD REFERENCE TO EARLIER
STOPS OR "MAN ON THE STREET" QUOTE.} I know: Hard times have
come to New Hampshire. //
Right now, candidates are criss-crossing this state, each
one out-promising the other. // You've heard it all -- and some
of it, you've heard before. The same old shop-worn message of
class warfare: Rich against poor -- the "haves" against the
"have nots." You've got to wonder: Where's the middle? Where's
Middle America -- middle class families like yours? I'm talking
about the people who pay their taxes, and their bills -- and are
tired of politicians who think they can tax and spend and damn
the deficit. People like you -- who send their kids to school to
learn -- not to subject them to some sort of government-knows-
3
best social engineering. For the life of me, I can't understand
what's wrong with letting parents choose their children's
schools. / I'm talking about people who side with the victims
of crime against the criminals. Honest, decent people -- people
who have learned the hard way that when government steps in, it's
far more likely to hurt than help. //
The people of this state know what's real, and they know
what works. When someone tries to sell you the old government-
knows-best line -- I say: New Hampshire knows better. //
The same goes for those now beating the drum for a new
protectionism. The simple truth is, protectionism isn't a
prescription for prosperity. Boil away all the tough talk, all
the patriotic posturing, and protectionism is nothing more than a
smokescreen for a country running scared. // The America I know
is a country ready to take on the world -- ready to rise to new
levels, not run for cover. We've got to open up new markets to
American products -- not lock the doors, pull down the shades and
tell the world to go away. Never in this nation's long history
has America turned its back on a challenge -- and we won't start
now. A proud America will never be protectionist. 11
Take a look around -- at the new realities of global trade.
New Hampshire businesses reap more than $1.2 billion dollars a
year from exports. This state sells $325 million dollars a year
to Canada. But it doesn't stop there. Companies across this
state sell $168 million more in the countries I just came from:
Korea, Singapore, Australia and Japan. / Just a few hours ago I
arent we defering
the details 4
was at CableTron Systems -- one of America's great
entrepreneurial success stories. Cabletron's secret to growth -
- even in the midst of these difficult times -- comes from the
aggressive way they've fought their way to the top of the
international market. That's good for New Hampshire -- and good
for America.
This one fact tells you all you really need to know:
without exports, New Hampshire's unemployment rate would be
double what it is right now. //
So when talk turns to the economy, don't let anyone sell you
bumpersticker logic in place of straight talk. Ask the hard
questions. Don't settle for Brand X -- the glossy package, with
all the details deferred 'til later. Any growth package worth
the name should pass the following tests:
First, does it make economic sense? A real growth package
has to work in the real world. Start with what I call the "stork
test": where do jobs come from? Jobs don't just appear out of
thin air -- or with the stroke of a politician's pen. Jobs come
from people who start with a dream, add hard work and a
willingness to take risks. A real growth package rewards risk-
takers. We've got to make it easier for investors to invest --
easier for people to turn their bright ideas into goods and
services people want and need. //
Second, you've got to ask: does it make America more
competitive? A real growth package helps establish a sound
economic environment for the future. It promotes innovation --
5
the pioneering products that help America prosper. It advances
education -- the key to a workforce that places a premium on
intelligence. It opens markets to American exports -- and
creates jobs right here at home. //
Third, does it help people keep their house in order? What
does it do for the American Family. A good growth package should
preserve basic assets -- like the value of your home. For most
people, their home is more than a roof over their head -- it's
the largest investment they've ever made, the inheritance they
plan to pass on to their children. A real growth package will
help families protect this investment. It will include
incentives that help you save for your kids' education -- provide
for your family's health, and put something away for your own
retirement.
We all know no American family could afford to run its
affairs the way the federal government does. That's why the
fourth test has to be: does it help put government's house in
order?
A good growth package won't add to the deficit. We can and
ought to cut government spending. But you know what's happening
down in Washington. You hear the same old Capitol Hill crowd
talking about another $50 billion dollars in federal spending:
$50 billion dollars the government doesn't have -- money we
borrow from the future to build more boondoggles and bureaucracy.
/ This year, federal spending will top $1.4 billion. I say:
tr
6
Americans are entitled to ask what they're getting for their $1.4
billion's worth. //
So it all boils down to this: a real growth package helps
make American industry competitive / helps American families plan
for the future / and helps create American jobs.
So listen to what my competition says -- then hear me out in
the State of the Union. I'm counting on the people of New
Hampshire -- and I'm confident that when you sort out fact from
fiction, you'll see that we've got the best plan to get this
economy growing again. //
For all the real hurt people are suffering through today, I
am confident -- confident that here in Portsmouth and all across
America, our recovery will gain speed. // I look back to the
early 80's, when the economy went through a tough period of
wheel-spinning before it set out on the path of sustained growth
-- a recovery that meant better lives for millions of American
families, better times for many of you. I believe we'll look
back on the early 90's the same way -- as the moment the American
economy moved forward to meet the challenges of a new century and
a new world -- confident, certain and full of hope. //
Tonight I thank each and every one of you for this warm
welcome -- for helping us take a step forward toward that future.
// May God bless the United States of America -- and thank you,
New Hampshire.
# # #
CLOSE HOLD
298711ss
Document No.
WHITE HOUSE STAFFING MEMORANDUM
92 JAN 14 A9: 30
DATE:
1/13/92
ACTION/CONCURRENCE/COMMENT DUE BY: TUESDAY, 1/14/92 NOON
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
SUBJECT:
PORTSMOUTH, NH - WED. 1/15/92
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCCLURE
SCOWCROFT
PETERSMEYER
DARMAN
PORTER
BRADY
ROGICH
BROMLEY
SMITH
CARD
KAUFMAN
SNOW
DEMAREST
FITZWATER
GRAY
HOLIDAY
REMARKS:
Please forward your comments directly to Tony Snow, Rm. 122, x2930,
no later than NOON, TUESDAY, JANUARY 14, with a copy to this office.
Thank you.
SENSITIVE
CLOSE HOLD
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
McGroarty/Bunton
January 13, 1992
10:30 am
02 JAN 13 P5: 36
[NHPORT]
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
YOKENS RESTAURANT
PORTSMOUTH, NEW HAMPSHIRE
JANUARY 15, 1991
7:00 P.M.
Thank you, Cliff {Taylor, past-president of Portsmouth
Rotary}. / That's right -- Hugh Gregg couldn't make it tonight.
// You've heard once again the story of my last visit here.
For four years, you've wondered: was it the broccoli? //
It's great to see so many familiar faces. [Introductory
acknowledgements: Sens. Rudman and Smith. Cong. Zellick. Exec.
Counselor of N.H. Ruth Griffen. Gov. Gregg.]
I am pleased to be here tonight. I know the Rotarian rule:
You miss a meeting -- you have to make it up. // And you've got
to hand it to Yokens. Who else would hold a reservation for four
years? //
As Cliff Taylor pointed out, plenty has happened in those
four years. / Four years ago, our world was locked in
ideological struggle and nuclear stalemate. Four years ago,
freedom was under siege. Today, freedom is on the march. The
Berlin Wall / the Warsaw Pact -- the Soviet Bloc and even the
Soviet Union itself: all vanquished not by force, but by
history's most powerful idea -- the love of freedom. / Today
the Cold War is over: a great victory for this nation and the
principles we cherish -- a triumph for people everywhere who look
to America as the land of liberty. //
2
One year ago today, our love of liberty was put to the test.
Saddam Hussein watched the last hours of the UN deadline slip
away. He counted on the Western world to waste itself in empty
indignation. He counted on the U.S. and its allies to succumb to
doubt, division and disarray. He didn't count on Desert Storm.
// Today, Kuwait is free / our hostages have come home / and the
prospects of peace in the Middle East stand higher than ever
before. All because America took action. //
I don't know a single American who doesn't celebrate these
changes, and the hope they bring to all the world. But I also
know it's tough to focus on what's happening thousands of miles
away, when times are tough here at home -- when the company
you've worked for has shut down, when you're out of work, or
worried your job might be next. / {ADD REFERENCE TO EARLIER
STOPS OR "MAN ON THE STREET" QUOTE.} I know: Hard times have
come to New Hampshire. //
Right now, candidates are criss-crossing this state, each
one out-promising the other. // You've heard it all -- and some
of it, you've heard before. The same old shop-worn message of
class warfare: Rich against poor -- the "haves" against the
"have nots.' You've got to wonder: Where's the middle? Where's
Middle America -- middle class families like yours? I'm talking
about the people who pay their taxes, and their bills -- and are
tired of politicians who think they can tax and spend and damn
the deficit. People like you -- who send their kids to school to
learn -- not to subject them to some sort of government-knows-
3
best social engineering. For the life of me, I can't understand
what's wrong with letting parents choose their children's
schools. / I'm talking about people who side with the victims
of crime against the criminals. Honest, decent people -- people
who have learned the hard way that when government steps in, it's
far more likely to hurt than help. //
The people of this state know what's real, and they know
what works. When someone tries to sell you the old government-
knows-best line -- I say: New Hampshire knows better. //
The same goes for those now beating the drum for a new
protectionism. The simple truth is, protectionism isn't a
prescription for prosperity. Boil away all the tough talk, all
the patriotic posturing, and protectionism is nothing more than a
smokescreen for a country running scared. // The America I know
is a country ready to take on the world -- ready to rise to new
levels, not run for cover. We've got to open up new markets to
American products -- not lock the doors, pull down the shades and
tell the world to go away. Never in this nation's long history
has America turned its back on a challenge -- and we won't start
now. A proud America will never be protectionist. //
Take a look around -- at the new realities of global trade.
New Hampshire businesses reap more than $1.2 billion dollars a
year from exports. This state sells $325 million dollars a year
to Canada. But it doesn't stop there. Companies across this
state sell $168 million more in the countries I just came from:
Korea, Singapore, Australia and Japan. / Just a few hours ago I
4
was at CableTron Systems -- one of America's great
entrepreneurial success stories. Cabletron's secret to growth -
- even in the midst of these difficult times -- comes from the
aggressive way they've fought their way to the top of the
international market. That's good for New Hampshire -- and good
for America.
Isn't
This one fact tells you all you really need to know:
there
without exports, New Hampshire's unemployment rate would be
lis
double what it is right now. //
ngalise
So when talk turns to the economy, don't let anyone sell you
bumpersticker logic in place of straight talk. Ask the hard
this
questions. Don't settle for Brand X -- the glossy package, with
were
all the details deferred 'til later. Any growth package worth
saying,
the name should pass the following tests:
They "Thirgs
First, does it make economic sense? A real growth package
has to work in the real world. Start with what I call the "stork
Worse
test": where do jobs come from? Jobs don't just appear out of
thin air -- or with the stroke of a politician's pen. Jobs come
from people who start with a dream, add hard work and a
willingness to take risks. A real growth package rewards risk-
takers. We've got to make it easier for investors to invest --
easier for people to turn their bright ideas into goods and
services people want and need. //
Second, you've got to ask: does it make America more
competitive? A real growth package helps establish a sound
economic environment for the future. It promotes innovation --
5
the pioneering products that help America prosper. It advances
education -- the key to a workforce that places a premium on
intelligence. It opens markets to American exports -- and
creates jobs right here at home. //
Third, does it help people keep their house in order? What
does it do for the American Family. A good growth package should
preserve basic assets -- like the value of your home. For most
people, their home is more than a roof over their head -- it's
the largest investment they've ever made, the inheritance they
plan to pass on to their children. A real growth package will
help families protect this investment. It will include
incentives that help you save for your kids' education -- provide
for your family's health, and put something away for your own
retirement.
We all know no American family could afford to run its
affairs the way the federal government does. That's why the
fourth test has to be: does it help put government's house in
order?
A good growth package won't add to the deficit. We can and
ought to cut government spending. But you know what's happening
down in Washington. You hear the same old Capitol Hill crowd
talking about another $50 billion dollars in federal spending:
$50 billion dollars the government doesn't have -- money we
borrow from the future to build more boondoggles and bureaucracy.
/ This year, federal spending will top $1.4 billion. I say:
6
Americans are entitled to ask what they're getting for their $1.4
billion's worth. //
So it all boils down to this: a real growth package helps
make American industry competitive / helps American families plan
for the future / and helps create American jobs.
So listen to what my competition says -- then hear me out in
the State of the Union I'm counting on the people of New
Hampshire -- and I'm confident that when you sort out fact from
fiction, you'll see that we've got the best plan to get this
economy growing again. //
For all the real hurt people are suffering through today, I
am confident -- confident that here in Portsmouth and all across
America, our recovery will gain speed. // I look back to the
early 80's, when the economy went through a tough period of
wheel-spinning before it set out on the path of sustained growth
-- a recovery that meant better lives for millions of American
families, better times for many of you. I believe we'll look
back on the early 90's the same way -- as the moment the American
economy moved forward to meet the challenges of a new century and
a new world -- confident, certain and full of hope. //
Tonight I thank each and every one of you for this warm
welcome -- for helping us take a step forward toward that future.
// May God bless the United States of America -- and thank you,
New Hampshire.
# # #
McGroarty/Bunton
January 13, 1992
10:30 am
[NHPORT]
PRESIDENTIAL REMARKS: PORTSMOUTH ROTARY CLUB
YOKENS RESTAURANT
PORTSMOUTH, NEW HAMPSHIRE
JANUARY 15, 1991
7:00 P.M.
Thank you, Cliff {Taylor, past-president of Portsmouth
Rotary}. / That's right -- Hugh Gregg couldn't make it tonight.
// You've heard once again the story of my last visit here.
For four years, you've wondered: was it the broccoli? //
It's great to see so many familiar faces. [Introductory
acknowledgements: Sens. Rudman and Smith. Cong. Zellick. Exec.
Counselor of N.H. Ruth Griffen. Gov. Gregg.]
I am pleased to be here tonight. I know the Rotarian rule:
You miss a meeting -- you have to make it up. 11 And you've got
to hand it to Yokens. Who else would hold a reservation for four
years? //
As Cliff Taylor pointed out, plenty has happened in those
four years. / Four years ago, our world was locked in
ideological struggle and nuclear stalemate. Four years ago,
freedom was under siege. Today, freedom is on the march. The
Berlin Wall / the Warsaw Pact -- the Soviet Bloc and even the
Soviet Union itself: all vanquished not by force, but by
history's most powerful idea -- the love of freedom. / Today
the Cold War is over: a great victory for this nation and the
principles we cherish -- a triumph for people everywhere who look
to America as the land of liberty. //
2
One year ago today, our love of liberty was put to the test.
Saddam Hussein watched the last hours of the UN deadline slip
away. He counted on the Western world to waste itself in empty
indignation. He counted on the U.S. and its allies to succumb to
doubt, division and disarray. He didn't count on Desert Storm.
11 Today, Kuwait is free / our hostages have come home / and the
prospects of peace in the Middle East stand higher than ever
before. All because America took action. //
I don't know a single American who doesn't celebrate these
changes, and the hope they bring to all the world. But I also
know it's tough to focus on what's happening thousands of miles
away, when times are tough here at home -- when the company
you've worked for has shut down, when you're out of work, or
worried your job might be next. / {ADD REFERENCE TO EARLIER
STOPS OR "MAN ON THE STREET" QUOTE.} I know: Hard times have
come to New Hampshire. //
Right now, candidates are criss-crossing this state, each
one out-promising the other. // You've heard it all -- and some
of it, you've heard before. The same old shop-worn message of
class warfare: Rich against poor -- the "haves" against the
"have nots." You've got to wonder: Where's the middle? Where's
Middle America -- middle class families like yours? I'm talking
about the people who pay their taxes, and their bills -- and are
tired of politicians who think they can tax and spend and damn
the deficit. People like you -- who send their kids to school to
learn -- not to subject them to some sort of government-knows-
3
best social engineering. For the life of me, I can't understand
what's wrong with letting parents choose their children's
schools. / I'm talking about people who side with the victims
of crime against the criminals. Honest, decent people -- people
who have learned the hard way that when government steps in, it's
far more likely to hurt than help. //
The people of this state know what's real, and they know
what works. When someone tries to sell you the old government-
knows-best line -- I say: New Hampshire knows better. //
The same goes for those now beating the drum for a new
protectionism. The simple truth is, protectionism isn't a
prescription for prosperity. Boil away all the tough talk, all
the patriotic posturing, and protectionism is nothing more than a
smokescreen for a country running scared. // The America I know
is a country ready to take on the world -- ready to rise to new
levels, not run for cover. We've got to open up new markets to
American products -- not lock the doors, pull down the shades and
tell the world to go away. Never in this nation's long history
has America turned its back on a challenge -- and we won't start
now. A proud America will never be protectionist. //
Take a look around -- at the new realities of global trade.
New Hampshire businesses reap more than $1.2 billion dollars a
year from exports. This state sells $325 million dollars a year
to Canada. But it doesn't stop there. Companies across this
state sell $168 million more in the countries I just came from:
Korea, Singapore, Australia and Japan. / Just a few hours ago I
4
was at CableTron Systems -- one of America's great
entrepreneurial success stories. Cabletron's secret to growth -
- even in the midst of these difficult times -- comes from the
aggressive way they've fought their way to the top of the
international market. That's good for New Hampshire -- and good
for America.
This one fact tells you all you really need to know:
without exports, New Hampshire's unemployment rate would be
double what it is right now. //
So when talk turns to the economy, don't let anyone sell you
bumpersticker logic in place of straight talk. Ask the hard
questions. Don't settle for Brand X -- the glossy package, with
all the details deferred 'til later. Any growth package worth
the name should pass the following tests:
First, does it make economic sense? A real growth package
has to work in the real world. Start with what I call the "stork
test": where do jobs come from? Jobs don't just appear out of
thin air -- or with the stroke of a politician's pen. Jobs come
from people who start with a dream, add hard work and a
willingness to take risks. A real growth package rewards risk-
takers. We've got to make it easier for investors to invest --
easier for people to turn their bright ideas into goods and
services people want and need. //
Second, you've got to ask: does it make America more
competitive? A real growth package helps establish a sound
economic environment for the future. It promotes innovation --
5
the pioneering products that help America prosper. It advances
education -- the key to a workforce that places a premium on
intelligence. It opens markets to American exports -- and
creates jobs right here at home. //
Third, does it help people keep their house in order? What
does it do for the American Family. A good growth package should
preserve basic assets -- like the value of your home. For most
people, their home is more than a roof over their head -- it's
the largest investment they've ever made, the inheritance they
plan to pass on to their children. A real growth package will
help families protect this investment. It will include
incentives that help you save for your kids' education -- provide
for your family's health, and put something away for your own
retirement.
We all know no American family could afford to run its
affairs the way the federal government does. That's why the
fourth test has to be: does it help put government's house in
order?
A good growth package won't add to the deficit. We can and
ought to cut government spending. But you know what's happening
down in Washington. You hear the same old Capitol Hill crowd
talking about another $50 billion dollars in federal spending:
$50 billion dollars the government doesn't have -- money we
borrow from the future to build more boondoggles and bureaucracy.
/ This year, federal spending will top $1.4 billion. I say:
6
Americans are entitled to ask what they're getting for their $1.4
billion's worth. //
So it all boils down to this: a real growth package helps
make American industry competitive / helps American families plan
for the future / and helps create American jobs.
So listen to what my competition says -- then hear me out in
the State of the Union. I'm counting on the people of New
Hampshire -- and I'm confident that when you sort out fact from
fiction, you'll see that we've got the best plan to get this
economy growing again. //
For all the real hurt people are suffering through today, I
am confident -- confident that here in Portsmouth and all across
America, our recovery will gain speed. // I look back to the
early 80's, when the economy went through a tough period of
wheel-spinning before it set out on the path of sustained growth
-- a recovery that meant better lives for millions of American
families, better times for many of you. I believe we'll look
back on the early 90's the same way -- as the moment the American
economy moved forward to meet the challenges of a new century and
a new world -- confident, certain and full of hope. //
Tonight I thank each and every one of you for this warm
welcome -- for helping us take a step forward toward that future.
// May God bless the United States of America -- and thank you,
New Hampshire.
# # #
of George Bush, 1992
Administration of George Bush, 1992 / Jan. 15
113
I'd say is this: This
Thank you all very, very much. Good to
it is great to see so many friendly and familiar
e world. But I didn't
be with you. I hope we can-how long have
faces, neighbors, and friends that I've gotten
I love it every single
you been standing out there? An hour? Two?
to know over the years.
of trying to work for
Oh, no! A thousand apologies. But really, it's
Captain Mark, you were very nice to men-
the lot of the Amer-
been a great day for the spirit. And I meant
tion Barbara Bush, who believes in your work
what I said. I am terribly impressed. And
very much, has taken a leadership role in that
1 this job, the more
please keep doing this. People are learning;
cause, that wonderful cause that she do the
e values that I think
people understand. We've got some prob-
Lord's work. And I'm very sorry that she's
lues, your family val-
lems, but you're showing we also got some
not here. And if you really want to make my
e, of family, involve-
wonderful answers. Thanks a lot.
day, please don't ask why she didn't come.
lives of these kids,
Everybody is talking about where's Barbara,
education, the need
Note: The President spoke at 3:41 p.m. at
we miss her very, very much. [Laughter]
ether at the commu-
Cabletron Systems, Inc. In his remarks, he
And I told her I didn't need her, I was
el to knock out this
referred to Craig R. Benson, chairman of the
not going to throw up. [Laughter] You guys,
board of directors, chief operating officer,
there's some good
you talk about-hey, look, it was the 24-hour
and treasurer; S. Robert Levine, president
of the teenager use
flu. How many people here have had the flu?
and chief executive officer; Dominique R.
he good things hap-
And I bet none of you have done it quite
MacDonald, sales trainer, and Frank
so dramatically. [Laughter] And I'd like a
McWilliams, test manager, all with Cabletron
loan because it cost a lot to dryclean a suit
es, faith. Somebody
Systems, Inc.
over there in Japan. [Laughter] And the
ham Lincoln's com-
Prime Minister had a nice expensive one-
Civil War, praying.
[laughter]-used to have a nice expensive
way. These are fun-
one. [Laughter] Sorry.
e have tried to live
Remarks and a Question-and-Answer
No, it's been a great day and an exciting
) emulate them. We
Session at a Dinner Hosted by the
day. One horrible disappointment, I was not
them. Thank God,
Portsmouth Rotary Club
able to stop by and see Evelyn Marconi at
re hugging those kids
Geno's Coffee Shop. She is a longtime sup-
read and serving, as
January 15, 1992
porter of flag and country, and I'm sorry we
ble to a lot of people
The President. Thank you all very much
missed her there. Glad that she's all decked
g person. No political
for that welcome back. Thank you, Cliff.
out and here with us tonight. Bill, thank you
larn.
Thanks to you and Bill and Don Reeves and
again, sir, for arranging all this. And I'd say
sleeves and get into
so many others. Captain Mark, thank you,
to you and the committee, on relatively short
cide who they want
sir, for that lovely blessing. And you have a
notice, given-I think you heard about it
e. But in the mean-
wonderful way here of making a person feel
probably the day before Christmas, and then
is: I know how I got
at home. I can't pronounce the name of the
that period between then and New Year's,
t this opportunity to
river; I've been crossing it for 66 years. But
obviously, there's other pursuits, and then
e United States. And
nevertheless-[laughter].
this thing has just been a wonderful, warm
President. And now
I would like to remind people that it's been
response here.
1 some parts of this
many, many times they've gone across that
May I salute the Governor, of course, Judd
e about it. But I be-
river. And there's something about the air
Gregg, my campaign manager here, my
out there. And I need
here. A hurricane that is designed to hit
friend of longstanding, a quality Governor,
, I would appreciate
Portsmouth knocks the hell out of my house
a decent guy, and I am so proud to have
ver you decide, keep
in Kennebunkport-[lughter]-and I would
his support and the support, of course, of
the America's spirit,
like to speak to the Rotarian meteorologist
my dear friend, Hugh Gregg, as well.
shing. And may God
as soon as this is over.
I'm glad that Bob Smith is at my side. He
ry. And don't ever
But thanks for the warm welcome. Hugh
came in and took over for another friend and
Gregg asked me to deliver his speech tonight.
supporter, Gordon Humphrey, who is with
[Laughter] For those of you who will remem-
us tonight. He is doing a superb job for you
ber 4 years ago, he delivered my speech 4
all, for this great State. Regardless of party,
on Systems officers
years ago. But you've heard once again the
he's in there strong for the principles you
esident.]
story of my last visit here, and you wondered,
believe in, in the United States Senate. I'm
all very much. That's
well, was it the broccoli that did it? And I
glad he's here. And of course, Bill Zeliff, with
appreciate Harry out here working it out, and
whom I campaigned when he was first elect-
114
Jan. 15 / Administration of George Bush, 1992
ed, doing a superb job in the Congress. So,
force, not by force, but by history's most
you have a great delegation. And I might also
powerful idea: The love of freedom.
mention two other New Hampshirites not
Today, the cold war is over and a great
with us, both leaders, one in the Senate now,
victory for this Nation, our principled United
Warren Rudman, a strong supporter, and of
States of America, the Nation we cherish,
course, my friend Governor John Sununu,
and a triumph to people everywhere who
who served this country with great distinction
look to us and will continue to look to us
and this State with great distinction. So, I'm
as the land of liberty, the land of the free.
proud to have the support of these leaders.
And believe me, everywhere you go in the
I think you've got to hand it to Yoken's.
world they see that it is only the United
And the incomparable Harry MacLeod. Who
States that is the leader for freedom and de-
would have held a reservation for 4 years?
mocracy and market economies and, indeed,
[Laughter] Hey, listen, I hope with this
for peace.
crowd I don't have to tell you that I haven't
I can't help but note on this evening that
just today discovered New Hampshire. This
is, Judd reminds me, the fourth time that
one year ago, one year ago today, our com-
I've had a meal at Yoken's. And that ain't
mitment to liberty, our commitment to inter-
discovery time. I mean, that's good eating
national law was put to the test. Saddam Hus-
time. And I know it when I see it, and I
sein, who never in my view felt that we would
like it. And I'm glad to be back on the sea-
use force, I think he thought that the Viet-
nam syndrome was with us forever. He mis-
coast.
Cliff Taylor pointed it out, and he said,
calculated twice: One, he didn't think we'd
well, a lot has happened in those intervening
use force, and secondly, he felt if we did use
4 years between the time I stood you up and
force, he could have some kind of a standoff
with the men and women of the U.S. mili-
the time I got invited back. Let me just put
it in a rather broad, ideological perspective.
tary. And he was wrong on both counts. He
Our world was locked back then, less than
mistook a voice of protest and a handful of
4 years ago, in an enormous struggle, in an
editorials and a couple of speeches in the
ideological struggle, in what you might call
Congress, for the United States lacking the
a nuclear standoff between superpowers.
will. And he was dead wrong. Aggression was
And I think about the problems we face in
set back, and our country came together with
this State, the problems we face in the Nation
a pride that we hadn't had since the end of
about the economy.
World War II. And I am very grateful for
But let's not lose sight of our blessings.
that.
I happen to think that it's a good thing that
I don't know a single American, regardless
my grandchildren and this little guy over here
of party or philosophy, liberal or conserv-
can grow up in a world with less fear of nu-
ative, who doesn't, in his heart of hearts, or
clear weapons. And I am very, very proud
her heart of hearts, celebrate the changes
of my predecessors in this great office for
that have taken place and really, the hope,
President who have brought this about, and
the hope they bring to the entire world.
I'm proud of the record of our administration
But I also know that it is very tough to
in help bringing about the changes that we
focus on what's happening thousands of miles
enjoy in this world today. We have a lot to
away when things are tough here at home,
be grateful for. And world peace is one of
and when the company work force shut
them.
down. And Bill and I were talking about this
You know, 4 years ago the world was lit-
today, about the hardship for some of the
erally under siege. And today, look anywhere;
families in this State. Something else, the
look to our South; look over in Eastern Eu-
fear that some have: some that have jobs;
rope; look at the Commonwealth, meaning
they lack the confidence they'll have them
what used to be the Soviet Union, and you'll
tomorrow; the worry that families have on
see that freedom is on the march. And the
the economic front. It's very hard when you
Berlin Wall and the Warsaw Pact and the
have these concerns and these worries to take
Soviet Union itself, all vanquished. Not by
a look at the big picture and say, "Well, we
of George Bush, 1992
Administration of George Bush, 1992 / Jan. 15
115
it by history's most
of freedom.
ought to be very thankful for a world at
I vowed I would come over here tonight
is over and a great
peace." And I understand that.
and be calm, but I'll tell you something, I'm
And hard times have come to this State.
ur principled United
a little sick and tired of being the punching
Nation we cherish,
And a guy at a luncheon today-I sat next
bag for a lot of lightweights around this coun-
ole everywhere who
to some of the workers at one of the plants
try yelling at me day in and day out. And
tinue to look to us
and he asked me a question that you might
I'm sick of it. If they want a fight, they're
he land of the free.
expect would be an easy one. And it wasn't,
going to have one. I mean it.
/here you go in the
it was a tough one really. But he said, "If
If they want to do something for the mid-
you could leave one message from your visits
dle class, rich against poor and all that, pass
is only the United
for freedom and de-
here in New Hampshire today, what would
the incentives that I'm talking about. It will
nomies and, indeed,
it be?" And I thought about it. Should I tell
get this country and this State back to work.
him it's for fighting crime, or should I tell
That's my challenge to them, and that's going
him about world peace, or should I tell him
to be the challenge to the entire Nation. I'm
on this evening that
about our education program? And what I
going to try and work my heart out to do
ago today, our com-
told him, and what I hope has happened
my level best. And I hope I've dispelled with
ommitment to inter-
today, is that I told him we care. We care.
the idea that we don't care because we cer-
e test. Saddam Hus-
Privileged as I am to be President, Barbara
tainly do.
ew felt that we would
and I are not isolated from the feelings of
You hear a lot about the talk of the domes-
ought that the Viet-
people in this State that are hurting. And
tic agenda. We've got a good one. We've got
us forever. He mis-
that, I think, is an important message.
a child care bill, and it passed finally that
e didn't think we'd
Friends have to know, and I think it's impor-
says hey, let the parents choose. Let's keep
he felt if we did use
tant to the people that are hurting that their
the families strong. Let's not mandate all
e kind of a standoff
President knows and the President cares.
these benefits from Washington, DC, wheth-
en of the U.S. mili-
And in this case the President is going to
er it's a health program or a child care pro-
on both counts. He
do something about it.
gram. Let's strengthen the family by giving
st and a handful of
Now, we're getting back into the swing of
them the opportunity to decide what's the
of speeches in the
the political season. And you're hearing a lot
best way to deal with these kids.
1 States lacking the
of people jumping all over me. I know where
We have a new education program, tran-
ong. Aggression was
New Hampshire is. I know what the values
scends party lines. We got together with the
came together with
of the families are in New Hampshire, and
Democratic and Republican Governors; we
ad since the end of
I hope we're practicing them in the White
adopted the strategy, six education goals, not
m very grateful for
House as a family. I understand what joins
to be dictated from Washington, six edu-
the people of this State together.
cation goals. Starts from be ready to learn-
merican, regardless
And you're going to hear all kinds of cheap
that means Head Start, and that was one
liberal or conserv-
promises coming out of deep left field, past
Washington can help-ends up with you're
; heart of hearts, or
the running track, up against the fence in
never too old to learn. That means old guys
ebrate the changes
the left field, offering a quick fix to a troubled
like me learning to use a computer, and some
d really, the hope,
economy. And my appeal to you today is re-
of you other old guys around here going over
entire world.
sist it. Do not listen to those that want to
to the library maybe and reading a book. It
it is very tough to
enlarge the deficit, and in the name of that
wouldn't hurt any of us. [Laughter]
; thousands of miles
try to make this economy recover.
But it means you got math and science,
ugh here at home,
I have offered growth incentives, growth
volunteer tests to let your kids know how
work force shut
proposals for 3 straight years. And now we're
they're doing. It's a wonderful new program,
e talking about this
going to take those, build on them, look into
and it revolutionizes the schools. And it does
ip for some of the
that lens, and tell the American people 2
it without setting a lot of mandates from
omething else, the
weeks from now this is what it's going to take
these subcommittee, tired subcommittee
me that have jobs;
to get this economy going, how we're going
chairmen in Washington, DC, that haven't
they'll have them
to stimulate investment, how we are going
had a new thought in the 50 years they've
it families have on
to stimulate savings, how we are going to
been sitting there.
ery hard when you
keep this Federal deficit under control as
I'm getting a little tired of this. I hate to
hese worries to take
best we can, and how we can do it without
unload on you again. Last time. [Laughter]
and say, "Well, we
this tax and spend philosophy you're hearing
I heard two of the Democrats get up the
about every single day in this State.
other day and they said, "Heck with holding
116
Jan. 15 / Administration of George Bush, 1992
the line on the budget deficit. Forget about
And for those that want us to pull back
it. We're going to propose spending $50 bil-
into some isolationism a la the 1930's, take
lion more Federal money." If you haven't
a look at world history. You don't have to
discovered it, that's your money. Comes right
be a rocket scientist to see what that led to.
out of your pocket whether you're working
The United States, as long as I am President,
or not around here. Federal money, $50 bil-
is going to stay involved and continue to lead
lion. Forget the one constraint we have and
around the world.
that is the caps on spending that are in that
What I really want to do is try to take the
budget agreement, just forget it, and then
leadership that I think and hope we dem-
we'll spend our way back to prosperity. That
onstrated in Desert Storm, that lifted the
is not going to solve the economic problems
spirits of this country and brought this coun-
of this country.
try together unlike any time since the end
What is?
of World War II, brought it together, and
Carefully defined incentives to increase in-
take that now and apply that to the domestic
vestment, to increase research, and develop-
economy to get the support from the Amer-
ment, to build so we can be competitive in
ican people for incentives that will give us
the educational field so that people can save,
that vibrance and that feeling of optimism
use some incentives to save, use incentives
that we, the American people, pride our-
to build some strength under a person's
selves on.
home. A home is one's castle. And one of
And I believe we can do it. And one of
the reasons there's lack of confidence, fami-
the reasons I do is I think there are some
lies see the value of their homes going down.
sound things in place now. Yes, there are
I saw mine blown away up here, but never-
some people hurting. Unemployment is too
theless-[laughter]. No, they see the values
high. Inflation is pretty good. Interest rates
going down, and there are things we can do
are down. Inventory is not bad. The market
on that. And so, let's do what will help, not
is saying, hey, things are going to be looking
do what sounds good for garnering votes in
better. And I'm always one who likes to see
a hotly contested primary on the Democratic
the glass half full and not so pessimistic and
side of the agenda.
half empty. And that's the way I am.
Then there's another point. Sorry I came
No, I've listened to what the people of this
to this one because I will get wound up. I'm
State have to say one way and another. And
talking about protection. I'm talking about
today it was an excellent visit back to this
the siren's call from the extreme right and
State that I believe I understand, whose
the extreme left in the political spectrum say-
heartbeat I feel. And I would just encourage
ing, "Look, people are hurting, and what
you all to avoid the quick-fix bumpersticker
we're going to do about it is go back to iso-
slogan that tells you there is some easy way.
lation and protection." You want a recipe for
There isn't an easy way, but there is a sound,
disaster? That is it. We will shrink this econ-
sensible, economic approach. And I believe
omy. We will throw 35,000 more people out
that what I have suggested and will continue
of work in New Hampshire, and we will be
to work for is the answer.
cutting off our nose to spite our face.
You've got to stimulate investment to cre-
The answer is to expand markets. And
ate jobs. You've got to stop that slide on real
what our trip to Asia was about was not man-
estate values so that you increase home sales.
aging trade. You get a lot of egghead acad-
You've got to give Americans confidence that
emicians, writing, "This guy's deserted the
the cost of health care, providing for the kids'
free trade." That's not the case. All I'm saying
education, and raising a family are affordable.
is look, and I saw it today in the workers
And I will be unveiling a national health care
I saw, we can compete with anyone but we
program, but believe me, it is not going to
need fair access to the other guy's market.
have a lot of mandates or turn to some for-
And I am not going to stay home and keep
eign country for an example. We have the
from fighting to open these markets. I'm
best quality health care in the world, and I
going to keep on doing it until we are suc-
don't want to diminish that. What I want to
cessful.
do is make it more affordable for everybody.
George Bush, 1992
Administration of George Bush, 1992 / Jan. 15
117
nt us to pull back
And then we've got to be able to compete.
Q. Mr. President, I know you're a little
la the 1930's, take
Whatever it is, whatever the fix is, it must
pressed for time, but we normally end with
You don't have to
make us more competitive in the global econ-
a couple of questions.
e what that led to.
omy. And fifth and finally, and maybe the
The President. Does that mean two?
g as I am President,
most important, you've got to control the
Q. If I limit it to two.
nd continue to lead
most unproductive end of our society, and
The President. Sure.
that is Government spending. We have got
Q. A couple of questions?
lo is try to take the
to keep the caps on and enforce them on
The President. Yes.
.nd hope we dem-
wasteful Government spending. And I need
Q. We have a microphone set up some-
m, that lifted the
more people like these Congressmen to help
where up front here. Yes, right there. Step
brought this coun-
me do just exactly that.
right up to the microphone, Bob.
lime since the end
And in conclusion, let me say this, just a
Q. Mr. President, welcome to the south-
ht it together, and
side of the Piscataqua River. This question,
couple of confessions to friends. And this will
hat to the domestic
we are in a political year and a recession year.
go to the Democrats who may have been
ort from the Amer-
How can we get both parties together to
smart enough to join Rotary, too. [Laughter]
es that will give us
solve the recession problem?
No, but I really mean this one from the heart
The President. In the State of the Union
eeling of optimism
in the sense that some things, at least the
people, pride our-
Message-frankly, it's tough. You put your
way I look at this-and again, I'm concerned
finger on why. We're in a competitive politi-
do it. And one of
in this country about the decline in family.
cal year. All kind of weird dances going on
ink there are some
And I don't want to be preachy or lecturing,
out there. And that's the way it always has
ow. Yes, there are
but Barbara and I talk about this a great deal.
been, and probably always will be.
employment is too
In the first place, I'm pretty proud of her.
But I think the economic problems are se-
good. Interest rates
When she hugs a baby or teaches somebody
rious enough, and I think the answers are
ot bad. The market
to read, why she's saying something. But
clear enough that what I will try to do as
going to be looking
what I will continue to try to do as President
President is say in the State of the Union
ne who likes to see
is to look at the legislation and say, "Does
Message: Look, here's what I think it will
it so pessimistic and
this help, or does this diminish family?" The
take. Now, let's lay it aside for just long
way I am.
longer I'm in this job, and I say this to you
enough to pass a program. And then if you
at the people of this
as a friend, the more convinced I am, Cap,
guys got one you think is better, come on
y and another. And
maybe you understand this, that family and
we'll talk about that and debate it and nego-
it visit back to this
faith are terribly important ingredients for
tiate it. And if I've got some additions that
understand, whose
being President of the United States. I be-
I think would help but can't put into this
ould just encourage
lieve it. I feel it very strongly.
first go-round and get done, why, we'll de-
:k-fix bumpersticker
Obviously, I believe in the separation of
bate all that. We'll go back to our political
e is some easy way.
church and State, but I understand from hav-
posturing and yelling at each other and mak-
out there is a sound,
ing been tested by a little fire what Lincoln
ing outrageous claims about each other.
oach. And I believe
meant when he talked about spending some
But the American people deserve that pol-
ed and will continue
time on his knees. We are one Nation, under
itics be put aside right after that State of the
Union Message to get something done that's
God. We are a strong, free Nation that be-
3 investment to cre-
lieves in certain principles. Barbara and I
going to stimulate this economy and help the
op that slide on real
families in this country. And I'm going to try
have tried very hard to live up to those kinds
increase home sales.
it. And I'll give it my level best shot, and
cans confidence that
of principles and those kinds of values.
I hope you'll find that there will be some
roviding for the kids'
Now, I need your help to continue in that
cooperation. Things can happen in the Con-
family are affordable.
effort to help make things better for the peo-
gress if they make up their mind they want
national health care
ple of New Hampshire and the people all
to move. I know Bob Smith will tell you that.
e, it is not going to
the way across this State. And whether you
And I know Warren would. And I know Bill
or turn to some for-
vote for me or not, may I thank you for this
Zeliff would tell you that.
mple. We have the
unforgettably warm reception. I'll never,
So, this idea that you have to have endless
in the world, and I
never forget it.
subcommittee hearings and have to defer
hat. What I want to
May God bless you all. Thank you very
and bow to some other committee that has
dable for everybody.
much.
jurisdiction, the American people are a little
118
Jan. 15 / Administration of George Bush, 1992
bit tired of that. And they want congressional
And some of the bankers and some of
action, and I will do my level best to see
those savings and loan people are saying,
that they get it.
"Wait a minute. These regulators come in
Who's got the last one?
and scare the heck out of me and my loans,"
Q. Mr. President, lower interest rates are
and they pull back. So, we're trying to do
great to get the economy going again. If I
a better job on the regulation front. Not to
could refinance my home at 8 percent it
be reckless, not to be accused of going back
would save me almost $300 a month. Unfor-
into some S&L crisis again but try to have
tunately, like many New Hampshire home-
reasonable balance. On the one hand pro-
owners our property values have dropped,
tecting the financial institutions, seeing that
and because of that banks won't approve our
they're safely and prudently run, and sec-
refinancing because we don't have the 20
ondly, on protecting the rights or the well-
percent equity that we need.
being of the borrower, the guy that needs
Now, as a country we've given loan guaran-
to do what you're talking about, to refinance
tees to Israel, Russia, and other countries
or whatever it is.
around the world. What do you think about
So, we're making a little progress. I'm not
the possibility of giving loan guarantees to
satisfied we've gone far enough. But where
middle-class Americans like myself so that
I agree with you is let's get some value under
banks could then approve our loans, we could
a man and woman's major asset. And that
refinance at a lower rate, and then put that
major asset is a person's home. You talk
mortgage money back into the economy at
about strengthening the family, homeowner-
little or no cost to the Government?
ship, that's one of the things we're working
The President. We have Government fi-
hard to get through instead of these massive
nanced loans that I hope are of some help.
Government projects, homeownership.
I will be making proposals in this State of
That's a good way to strengthen it, and what
the Union, again, that I hope will do what
you're suggesting makes a good deal of sense
you're talking about, put some value under
in terms of strengthening the family and in
the person's largest asset, and that is the
strengthening the assets.
home. And there are ways to do that. One
So listen, that's two. I'm heading back to
of them is through the IRA system, for exam-
DC to see my dog and my wife. Thank you
ple. So, listen carefully and see if what I pro-
all very, very much.
pose won't be a long step.
Whether we can do what you're asking or
[At this point, Don Reeves presented the
not, I've said I want to hold the line on
President with a gift.]
spending and keep it within the caps. I'd have
The President. Thanks so much. May I
to, to be honest with you, know exactly what
make one correction here? First, thank you
the total cost that would be if that was ap-
very much for this picture of the Harbor
plied nationwide. I think we're talking about
Light and Nubble Light, and that means a
jillions of dollars. But I think there are ways
lot. And I, as you know, love this coastline.
to put value under a person's major asset.
But I said, I was going home to see my dog
And you're right, the decline and the pes-
and my wife. [Laughter] May I, with your
simism has come because real estate has
permission, may I change the order. I just
been so slow.
don't want to have any misunderstanding.
Now, if we're honest with each other, I
[Laughter]
think you'd admit and I certainly will, that
Thank you very, very much.
some of the lenders in the real estate busi-
ness, whether it's S&L's or banks, made loans
Note: The President spoke at 7:37 p.m. at
that they might not ought to have made
Yoken's Restaurant. In his remarks, he re-
under more prudent, cautious times. And we
ferred to William Holt, president, and
got away from our standards. So, I think that
Clifford Taylor and Don Reeves, members of
there's plenty of blame to go around on all
the Portsmouth Rotary Club; Capt. Mark
this, and one result of that has been some
Weaver of the Salvation Army, who led the
excesses in the regulatory field.
dinner prayer; Harry MacLeod, owner of