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    "localId": "1252777",
    "label": "4/2/76 - Remarks to the Wisconsin Association of Manufacturers and Commerce, Milwaukee, Wisconsin",
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    "id": "1252777",
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    "title": "4/2/76 - Remarks to the Wisconsin Association of Manufacturers and Commerce, Milwaukee, Wisconsin",
    "citationUrl": "https://catalog.archives.gov/id/1252777",
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        "logicalDate": "1976-04-02",
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    "url": "https://s3.amazonaws.com/NARAprodstorage/opastorage/live/77/2527/1252777/content/library/document/0122/1252777.pdf",
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    "ocrText": "The original documents are located in Box 27, \"4/2/76 - Remarks to the Wisconsin\nAssociation of Manufacturers and Commerce, Milwaukee, Wisconsin\" of the President's\nSpeeches and Statements: Reading Copies at the Gerald R. Ford Presidential Library.\nCopyright Notice\nThe copyright law of the United States (Title 17, United States Code) governs the making of\nphotocopies or other reproductions of copyrighted material. Gerald Ford donated to the United\nStates of America his copyrights in all of his unpublished writings in National Archives collections.\nWorks prepared by U.S. Government employees as part of their official duties are in the public\ndomain. The copyrights to materials written by other individuals or organizations are presumed to\nremain with them. If you think any of the information displayed in the PDF is subject to a valid\ncopyright claim, please contact the Gerald R. Ford Presidential Library.\nDigitized from Box 27 of President's Speeches and Statements: Reading Copies at the Gerald R. Ford Presidential Library\nTHE PRESIDENT HAS SEEN\nREMARKS TO WISCONSIN ASSOCIATION OF\nMANUFACTURERS AND COMMERCE,\nMILWAUKEE, WISCONSIN\nFRIDAY, APRIL 2, 1976\nACKNOWLEDGEMENTS\nWISCONSIN ASSOCIATION OF MANUFACTURERS AND COMMERCE\nTHANK YOU, ORVILLE.\n(Orville Mertz is Chairman of the\nWAM&C)\nPAUL HASSETT\n(President, WAM&C)\nCONGRESSMAN BILL STEIGER\nGOVERNOR WARREN KNOWLES\nMEMBERS AND GUESTS OF THE WISCONSIN ASSOCIATION\nOF MANUFACTURERS AND COMMERCE\n-I-\nI AM VERY HAPPY TO BE HERE THIS AFTERNOON WITH\nTHE WISCONSIN ASSOCIATION OF MANUFACTURERS AND COMMERCE\nYOU AND YOUR ORGANIZATION REPRESENT THE FORCES OF BUSINESS\nAND INDUSTRY THAT HAVE CONTRIBUTED so MUCH,\n\\\nNOT JUST TO THE\nWELL-BEING OF THIS GREAT STATE, \\ BUT TO THE WELL-BEING AND\nPROSPERITY OF ALL THE UNITED STATES AND OF ALL AMERICANS\n-2-\nLET ME TAKE THIS OPPORTUNITY TO SAY HOW IT\nSADDENED ME TO HEAR OF THE DEATH OF WISCONSIN'S DISTINGUISHED\nEX-GOVERNOR, WALTER J. KOHLER\nMR. KOHLER WAS A MAN\nWHO WORKED HARD AND ACHIEVED MUCH IN BOTH PUBLIC SERVICE\nAND PRIVATE ENTERPRISE, AND I BELIEVE HE SET AN EXAMPLE\nFOR ALL OF US TO FOLLOW.\n-3-\nI LOOK FORWARD TO ANSWERING SOME OF YOUR\nQUESTIONS -- BUT FIRST, LET ME MAKE A FEW BRIEF REMARKS\nAS I'M SURE YOU KNOW, WE HAVE HAD QUITE A BIT\nOF GOOD NEWS ABOUT OUR ECONOMY RECENTLY\nTODAY THE RATE\nOF INFLATION IS ONLY HALF OF WHAT IT WAS IN 1974, AND WE'VE\nWON BACK ALL THE JOBS THAT HAD BEEN LOST TO THE RECESSION\n8.9\nMmemployment 96.7 7.5 active merease high\nJobo\n2,600, 1975\n2n addition\n-4-\nJUST LAST WEEK, WE SAW THE FOURTH CONSECUTIVE\nMONTHLY INCREASE IN OUR INDEX OF LEADING ECONOMIC INDICATORS.\nand the anothe facts\nTHE STATISTICS SHOW THAT OUR ECONOMY IS WELL\nON ITS WAY TO A FULL RECOVERY\n-\nAND WE'RE GOING TO KEEP\nIT MOVING THAT WAY\nHERE'S HOW I SEE THE GOOD NEWS FROM THE\nPERSPECTIVE OF THE OVAL OFFICE\n-5-\nI THINK THE STORY BEHIND THOSE STATISTICS IS EVERY\nBIT AS ENCOURAGING AS THE FIGURES THEMSELVES\nIT IS THE\nSTORY OF A STRONG REVIVAL IN AMERICA'S CONFIDENCE\nNOT ONLY ARE THINGS GETTING BETTER -- THE AMERICAN PEOPLE\nKNOW THINGS ARE GETTING BETTER, AND THEY ARE ACTING ON\nTHAT KNOWLEDGE\n-6-\nTHE STATISTICS SAY REAL INCOME IS RISING\nTO AMERICAN CONSUMERS, THAT MEANS THEY HAVE GOTTEN OFF THE\nTREADMILL OF INFLATION AND ARE MAKING REAL PROGRESS\nTHE FIGURES SAY UNEMPLOYMENT AND THE LAY-OFF\nRATE ARE DOWN, WAY DOWN\nTO AMERICAN WORKERS, THAT\nMEANS THAT INSTEAD OF HAVING TO WORRY ABOUT TOMORROW\nTHEY CAN LOOK FORWARD TO IT\n-7-\nTHE FIGURES SAY RETAIL SALES\nHOUS ING STARTS\nAND NEW ORDERS RECEIVED BY MANUFACTURERS ARE UP\nTO AMERICAN BUSINESSMEN LIKE YOURSELVES, THAT MEANS NEW\nBUSINESSES CAN BE STARTED, \\ AND CURRENT BUSINESSES EXPANDED\nAND IMPROVED\n-8-\nTHE STATISTICS ARE GOOD\nBUT THE UNITED STATES\nOF AMERICA ISN'T COMPOSED OF STATISTICS\nIT'S COMPOSED\nOF PEOPLE\nAND WHEN THOSE PEOPLE FEEL GOOD ABOUT WHERE\nTHEY ARE GOING\n-\nAS THEY DO NOW\nTHEN THIS COUNTRY\nIS CLEARLY HEADED IN THE RIGHT DIRECTION\n-9-\nTHE AMERICAN PEOPLE ARE SHOWING THEIR FAITH\nAND CONFIDENCE IN THE SOUND AND STEADY LONG-TERM POLICIES\nWE HAVE PROPOSED AND WE HAVE FOLLOWED\nWE'RE GOING TO KEEP UP THOSE REALISTIC POLICIES\nFOR HEALTHY, NON-INFLATIONARY GROWTH\n-10-\nWE'RE NOT GOING TO BE THROWN OFF THE TRACK\nI PROMISE YOU WE'RE NOT GOING TO RISK THE PROGRESS WE'VE\nALREADY MADE/BY GIVING WAY TO THE RENEWED ONSLAUGHT OF\nTHE BIG SPENDERS IN THE CONGRESS IN AN ELECTION YEAR\n-II-\nI'VE ALREADY VETOED 46 BILLS -- THEY TELL ME\nTHAT'S A RECORD\nAND THE CONGRESS SUSTAINED 39 OF\nTHOSE VETOES, SAVING YOU AND ALL AMERICAN TAXPAYERS\n13 BILLION DOLLARS\n-12-\nOUR FIGHT TO HOLD DOWN FEDERAL SPENDING HAS BEEN\nCOUPLED WITH MAJOR TAX CUTS, TO PUT MORE MONEY BACK INTO\nTHE HANDS OF THE AMERICAN CONSUMER\nAND MY\nADMINISTRATION HAS TAKEN OTHER STEPS AS WELL, STEPS AIMED\nAT ENCOURAGING THE BUSINESS INVESTMENT THAT WILL BE so VITAL\nTO OUR ECONOMIC FUTURE.\n-13-\nIN ADDITION TO SUBSTANTIAL PERSONAL INCOME TAX\nREDUCTIONS, I HAVE URGED THE CONGRESS TO LOWER THE CORPORATE\nTAX RATE FROM 48 PERCENT TO 46 PERCENT\nI HAVE ALSO\nPROPOSED PHASING OUT THE DOUBLE TAXATION OF DIVIDENDS,\nBROADENING STOCK OWNERSHIP, \\ AND EAS ING THE BURDEN OF ESTATE\nTAXES ON SMALL PRIVATE BUSINESSES AND FARMS\n-14-\nONE ISSUE THAT ESPECIALLY CONCERNS ME IS THE\nEXCESSIVE FEDERAL PAPERWORK REQUIRED OF THE AMERICAN PEOPLE\nAND THE AMERICAN BUSINESS COMMUNITY\nON MARCH FIRST,\nI SENT A LETTER TO THE HEADS OF ALL FEDERAL AGENC IES AND\nDEPARTMENTS, DIRECTING THEM TO REDUCE THE NUMBER OF REPORTS\nWHICH COLLECT INFORMATION FROM THE PUBLIC BY AT LEAST\n10 PERCENT BY JUNE 30th\n-15-\nI TOLD THEM I EXPECT PROMPT RESULTS -- AND\nI MEAN IT\nI'M HAPPY TO REPORT THAT EVEN BEFORE I SENT\nTHAT LETTER, WE HAD ALREADY ACHIEVED A NET REDUCTION OF\n108 FEDERAL FORMS\nTHIS IS GOING TO BE A CONTINUING\nPROGRAM UNDER MY ADMINISTRATION -- BECAUSE WHAT AMERICA\nNEEDS IS PRODUCTIVITY,\nNOT PAPERWORK\n-16-\nNEXT THURSDAY I WILL BE MEETING WITH THE HEADS\nOF THE INDEPENDENT REGULATORY AGENCIES, AND I'M GOING TO\nASK THEM FOR THEIR COOPERATION AS WELL\nIN ADDITION TO\nREDUC ING PAPERWORK, WE'RE GOING TO KEEP ON WORKING TO\nLIGHTEN THE BURDEN OF FEDERAL REGULATION, AND TO MAKE\nSURE THAT THE RULES ARE APPLIED FAIRLY AND UNIFORMLY\n-17-\nREGULATION IS MEANT TO BE IN THE PUBLIC INTEREST\nBUT HAM-STRINGING BUSINESS TYING IT UP IN KNOTS OF RED TAPE\nHAS NEVER BEEN IN THE INTEREST OF THE AMERICAN PUBLIC --\nAND NEVER WILL BE\n-18-\nWE'RE GOING TO DO EVERYTHING WE CAN TO KEEP\nAMERICA'S GREAT FREE ENTERPRISE SYSTEM STRONG AND HEALTHY\nWE'RE OFF TO A GOOD START IN 1976 -- AND WE'RE GOING TO KEEP\nUP THE PACE\nNOW I WILL BE HAPPY TO ANSWER YOUR QUESTIONS\nEND OF TEXT"
}