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OCR Page 1 of 102THE PRESIDENT'S READING COPY
RADIO ADDRESS: EDUCATION
Wednesday, October 25, 1972
Good afternoon.
I want to talk to you today about an issue that has
tremendous impact on present-day America, and that will
play a decisive role in shaping the America of the future
education.
Americans today are the freest, best educated people in
the world. We must keep it that way, and one of the surest means
is to keep our educational system strong.
Money, of course, is part of the answer. Under this
Administration the Federal Government has increased its
contribution to education by over 70 percent, from $9 billion in
fiscal year 1969 to $15.7 billion in the budget for fiscal year 1973.
But money is only part of the answer. Too often over the
years, the American taxpayer has seen millions of tax dollars
poured into education programs that did not work because not
enough thought and planning went into them. Much of the
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