State of the Union AddressesJohnson, Lyndon B. (Lyndon Baines)
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State of the Union Addresses
Johnson, Lyndon B. (Lyndon Baines)
Presidents -- United States -- Messages; United States -- Politics and government -- Sources
On a cash basis--which is the way that you and I keep our family
budget--the Federal budget next year will actually show a surplus. That is
to say, if we include all the money that your Government will take in and
all the money that your Government will spend, your Government next year
will collect one-half billion dollars more than it will spend in the year
1967.
I have not come here tonight to ask for pleasant luxuries or for idle
pleasures. I have come here to recommend that you, the representatives of
the richest Nation on earth, you, the elected servants of a people who live
in abundance unmatched on this globe, you bring the most urgent decencies
of life to all of your fellow Americans.
There are men who cry out: We must sacrifice. Well, let us rather ask them:
Who will they sacrifice? Are they going to sacrifice the children who seek
the learning, or the sick who need medical care, or the families who dwell
in squalor now brightened by the hope of home? Will they sacrifice
opportunity for the distressed, the beauty of our land, the hope of our
poor?
Time may require further sacrifices. And if it does, then we will make
them.
But we will not heed those who wring it from the hopes of the unfortunate
here in a land of plenty.
I believe that we can continue the Great Society while we fight in Vietnam.
But if there are some who do not believe this, then, in the name of
justice, let them call for the contribution of those who live in the
fullness of our blessing, rather than try to strip it from the hands of
those that are most in need.
And let no one think that the unfortunate and the oppressed of this land
sit stifled and alone in their hope tonight. Hundreds of their servants and
their protectors sit before me tonight here in this great Chamber. III.
The Great Society leads us along three roads--growth and justice and
liberation.
I can report to you tonight what you have seen for yourselves already--in
every city and countryside. This Nation is flourishing.
Workers are making more money than ever--with after-tax income in the past
5 years up 33 percent; in the last year alone, up 8 percent.
More people are working than ever before in our history--an increase last
year of 2 1/2 million jobs.
Corporations have greater after-tax earnings than ever in history. For the
past 5 years those earnings have been up over 65 percent, and last year
alone they had a rise of 20 percent.
Average farm income is higher than ever. Over the past 5 years it is up 40
percent, and over the past year it is up 22 percent alone.
I was informed this afternoon by the distinguished Secretary of the
Treasury that his preliminary estimates indicate that our balance of
payments deficit has been reduced from $2.8 billion in 1964 to $1.3
billion, or less, in 1965. This achievement has been made possible by the
patriotic voluntary cooperation of businessmen and bankers working with
your Government.
Public-domain text, read in full here on John Shaqi.
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