Life Isn't Fair. In Never Was And

The Future Promise Of Any Nation Can Be Directly Measured By The Present Prospects Of Its Youth.

We Must Face The Fact That The United States Is Neither Omnipotent Nor Omniscient, That We Cannot Impose Our Will Upon The Other 94 Percent Of Mankind, That We Cannot Right Every Wrong Or Reverse Every Adversity, And That Therefore There Cannot Be An American Solution To Every World Problem.

Wealth Is The Means, And People Are The Ends. All Our Material Riches Will Avail Us Little If We Do Not Use Them To Expand The Opportunities Of Our People.

When Consumers Purchase More Goods, Plants Use More Of Their Capacity, Men Are Hired Instead Of Laid Off, Investment Increases, And Profits Are High. Corporate Tax Rates Must Also Be Cut To Increase Incentives And The Availability Of Investment Capital.

Our True Choice Is Not Between Tax Reduction On The One Hand And The Avoidance Of Large Federal Deficits On The Other. It Is Increasingly Clear That No Matter What Party Is In Power, So Long As Our National Security Needs Keep Rising, An Economy Hampered By Restrictive Tax Rates Will Never Produce Enough Revenues To Balance Our Budget, Just As It Will Never Produce Enough Jobs Or Enough Profits.