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9/29/76 - Remarks to Guests Attending a Reception of U.S. Business Leaders
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1253049
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9/29/76 - Remarks to Guests Attending a Reception of U.S. Business Leaders
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President's Speeches and Statements Reading Copies (Ford Administration)
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1976-09-29
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1976-09-29
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1976
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The original documents are located in Box 38, "9/29/76 - Remarks to Guests Attending a
Reception of U.S. Business Leaders" of the President's Speeches and Statements: Reading
Copies at the Gerald R. Ford Presidential Library.
Copyright Notice
The copyright law of the United States (Title 17, United States Code) governs the making of
photocopies or other reproductions of copyrighted material. Gerald Ford donated to the United
States of America his copyrights in all of his unpublished writings in National Archives collections.
Works prepared by U.S. Government employees as part of their official duties are in the public
domain. The copyrights to materials written by other individuals or organizations are presumed to
remain with them. If you think any of the information displayed in the PDF is subject to a valid
copyright claim, please contact the Gerald R. Ford Presidential Library.
Digitized from Box 38 of President's Speeches and Statements: Reading Copies at the Gerald R. Ford Presidential Library
THE PRESIDENT HAS SEEN
...
TALKING POINTS FOR BUSINESS ORGANIZATION LEADERS, WEDNESDAY,
SEPTEMBER 29, 1976
I welcome the opportunity to speak to this
distinguished group of business leaders.
Today 88 million Americans are gainfully employed --
more than ever before in our history. But that's not good
enough.
My immediate goal is two and a half million new
jobs every year with emphasis on our youth, especially the
minorities. Not demeaning, dead-end jobs paid for out of
the Federal Treasury, but permanent jobs with a future
generated by the demands of a healthy economy.
Can we do it? We have done it.
We proved once and for all that you can cut
inflation in half and add four million new jobs in just 17
months. We did it with tax cuts that allowed Americans to
spend more of their own money. We did it with tax incentives
that encouraged job production. We did it by letting our
free economic system do what it does better than any other
-2-
system in the world -- produce.
But I won't be satisfied until every American
who wants a job can find a job.
I am particularly concerned that there are too
many young Americans who cannot find a good job, or get
the training and experience they need to find a good job.
Americans have long since recognized the importance
of assuring that every high school graduate who is willing,
able and qualified be able to go to college. We have done
so through grants, loans and scholarships.
I believe we can apply this same principle to create
a program for young people who choose not to go to college,
but want a job at which they can learn a trade, a craft
or practical business skills.
Let's put America -- all of America -- to work!
We must also continue our battle against the
deadly enemy of inflation. By holding the line on government
spending, by not being afraid to say "no" to the big
-3-
spenders in Congress, we cut inflation in half, and we
saved more than 9 billion dollars in the process. We must
do even better in the future, and we will.
We've had some less than encouraging news on the
economy this week, with the report from the Commerce
Department on leading economic indicators.
But I am convinced that America's economic recovery
will continue, it will pick up steam in the months ahead,
and it will lead us on the road to a new prosperity in the
United States without the heavy burden of inflation.
That is my goal. That is my policy. That is what
I expect to happen, with your help.
I appreciate your being here today, and I hope
you'll stay for the refreshments.
# # #