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24,053
There are certainly dangers there, there are certainly other trouble spots in the world which are closer to Europe than to the US.
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No
24,055
Many of the military experts whom I consulted on this agreed.
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No
24,056
We're going to have to spend more money in the future on military technology and on greater mobility, greater airlift, greater sealift, the B-22 airplane.
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No
24,057
We're going to have to do some things that are quite costly.
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No
24,060
Let me make one other point.
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0
No
24,069
It finally gets to 50 cents at the end of the 5th year.
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1
Yes
24,070
I think "punish" is the wrong word.
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No
24,071
Again, see, I didn't create this problem.
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1.0
1
Yes
24,076
But the people who will be helped the most by it are the working people who will get the jobs created because of this tax.
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No
24,079
And if we don't, we will be spending our children's money.
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No
24,081
An incredible number of young people are active in supporting my effort because they are deeply concerned that we have taken the American dream from them.
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No
24,082
I think it's fitting that we're on the campus of a university tonight.
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No
24,083
These young people, when they get out of this wonderful university, will have difficulty finding a job.
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0
No
24,085
We've got to collect the taxes to do it.
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-1.0
0
No
24,088
If people don't have the stomach to fix these problems, I think it's a good time to face it, November.
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No
24,096
That's why I think we shouldn't do it that quickly.
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No
24,101
Your question was on fairness.
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0
No
24,104
I don't think we need to do it.
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0
No
24,108
I disagree with the tax-and-spend philosophy.
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0
No
24,109
You see, I don't think we need to tax more and spend more, and then say that's going to make the problem better.
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0
No
24,110
And I'm afraid that's what I think I'm hearing from Governor Clinton.
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0
No
24,113
I've been talking about getting a capital gains cut forever, and his friends in Congress have been telling me that's a tax break for the rich.
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0
No
24,115
I'm for an investment tax allowance; I'm for a tax break for first- time homebuyers.
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0
No
24,126
And we worked it out, and indeed we're moving forward all around the world in a much more peaceful way.
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0
No
24,129
When you cut back on defense spending, some people are going to be thrown out of work.
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0
No
24,137
But it is a good program.
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0
No
24,140
Look at the misery index when the Democrats had both the White House and the Congress.
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No
24,141
It was just right through the roof.
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No
24,148
Defense industries are going to have to convert to civilian industries.
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No
24,150
And the sooner they start, the sooner they'll finish.
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0
No
24,151
And there will be a significant transition.
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No
24,152
And it's very important that we not continue to let our industrial base deteriorate.
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No
24,158
A lot of these people in industries can be converted to the industries of tomorrow, and that's where the high-paying jobs are.
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No
24,160
Now, see, we practice 19th century capitalism.
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No
24,161
The rest of the world practices 21st century capitalism.
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0
No
24,163
In the rest of the world, the countries and the businesses would be working together to make this transition in an intelligent way.
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No
24,168
That is what I want to do.
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0
No
24,170
I want to take very dollar by which we reduce defense and reinvest it in technologies for the 21st century--in new transportation, in communication, in environmental clean-up technologies.
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0
No
24,189
Convert from 19th to 21st century capitalism.
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0
No
24,190
See, we have an adversarial relationship between government and business.
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No
24,191
Our international competitors that are cleaning our plate have an intelligent relationship between government and business, and a supportive relationship.
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No
24,197
Then get off to a flying start in '93 to execute these plans.
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No
24,201
Small business--you've got to have capital, you've got to credit, and many of them need mentors or coaches.
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No
24,205
I would meet with the leaders of the Congress, with all the newly elected members of the Congress and as many others with whom I could meet between the time of the election and the inauguration, and we would present a jobs program.
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No
24,211
We've done it in Arkansas.
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1.0
1
Yes
24,217
We've got the plan announced for what we can do for small business.
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0
No
24,221
Nobody wants gridlock anymore, and so let's get the program through.
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No
24,222
And I believe it'll work because, as Ross said, we got the plans.
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No
24,224
And I've put ours together in something called the Agenda for American Renewal, and it makes sense, it's sensible, it creates jobs, it gets to the base of the kind of jobs we need.
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No
24,225
And so I'll just be asking for support to get that put into effect.
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No
24,232
But frankly, I don't think that's the problem today.
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No
24,233
We have low interest rates today.
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1.0
1
Yes
24,234
At least we have low interest rates that the Fed can control.
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0
No
24,235
Our long-term interest rates are still pretty high because of our deficit and because of our economic performance.
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1.0
1
Yes
24,236
And there was a terrible reaction internationally to Mr. Bush saying he was going to give us 4 more years of trickle-down economics--another across-the- board tax cut and most of it going to the wealthy, with no real guarantee of investment.
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1.0
1
Yes
24,239
I think the American people are ready for action.
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0
No
24,240
I think Congress is hungry for someone who will work with them instead of manipulate them.
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No
24,243
I don't have to worry in the near term about the Federal Reserve.
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No
24,247
There is a separation there.
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0
No
24,251
There was a momentary fear that he might win and that the markets went phwee, down like that.
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No
24,252
So I don't think we can judge on, the stock market has been strong.
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0
No
24,259
So Governor Clinton can label it tax for the rich or anything he wants.
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No
24,261
I’ve got to protect them.
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0
No
24,265
These interest rates we have now don't make any sense.
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0
No
24,267
So seventy percent of our debt is five years or less.
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1.0
1
Yes
24,270
That gap is going to close, because the Arabs, the Japanese and folks in this country are going to start buying German treasuries because they can get more money.
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0
No
24,274
Just think in your own business, if you had all of your long term problems financed short term.
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0
No
24,281
So we have two that I'd put as number one.
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No
24,282
I have number 1 and 1A.
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0
No
24,284
Believe it or not folks, you can't ship it all overseas, you've got to make it here.
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No
24,287
We've got to make things here.
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0
No
24,288
You can't ship them overseas anymore.
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0
No
24,296
Russia and its republics are out of control or at best in weak control right now.
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0
No
24,303
We've made real progress there.
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0
No
24,304
We've got some agreement on the nuclear, but we don't have those things put away yet.
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0
No
24,307
Number two, we've got to take care of this missile situation and try to get the nuclear war behind us and give this thing very high priority.
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0
No
24,311
and the military that liked it better the way it used to be.
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0
No
24,318
We need to stop this proliferation of weapons of mass destruction.
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-1.0
0
No
24,319
Second, we have to face that in this world, economic security is a whole lot of national security.
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0
No
24,321
We're weak in the world.
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0
No
24,325
They don't go to war with each other.
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0
No
24,334
I might say to Mr. Perot, I can understand why you might have missed it, because there's so much fascination with trivia, but I worked out a deal with Boris Yeltsin to eliminate, get rid of entirely, the most destabilizing weapons of all, the SS-18, the intercontinental ballistic missile.
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1.0
1
Yes
24,338
And so, we've got a good military.
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-1.0
0
No
24,356
China has finally agreed to stop sending us products made with prison labor.
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1.0
1
Yes
24,360
So I would be firm.
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No
24,370
I am the one that said let's keep the M.F.N.
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0.0
0
No
24,371
because you see China moving towards a free market economy.
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1.0
1
Yes
24,373
They are making some progress, not enough for us.
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0
No
24,381
And I'm not going to do it.
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0
No
24,382
And I've had to fight a lot of people that were saying human rights, and we’re the ones that put the sanctions on and stood for it.
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1.0
1
Yes
24,383
And he can insult General Scowcroft if he wants to.
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No
24,384
They didn't go over to coddle.
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0
No
24,385
He went over to say we must make the very changes they're making now.
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No
24,388
China, is a huge country, broken into many provinces.
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0
No
24,389
It has some very elderly leaders that will not be around too much longer.
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0
No
24,390
Capitalism is growing and thriving across big portions of China.
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1.0
1
Yes
24,391
Asia will be our largest trading partner in the future.
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0
No
24,392
It will be a growing and a closer relationship.
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0
No
24,393
We have a delicate, tight-wire walk that we must go through at the present time to make sure that we do not cozy up to tyrants, to make sure that they don't get the impression that they can suppress their people.
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No
24,394
But time is our friend there, because their leaders will change in not too many years, worst case, and their country is making great progress.
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No