Presidents -- United States -- Messages; United States -- Politics and government -- Sources
Sound monetary policy is key to long-running economic strength and
stability. We will continue to cooperate with the Federal Reserve Board,
seeking a steady policy that ensures price stability without keeping
interest rates artificially high or needlessly holding down growth.
Reducing unneeded red tape and regulations, and deregulating the energy,
transportation, and financial industries have unleashed new competition,
giving consumers more choices, better services, and lower prices. In just
one set of grant programs we have reduced 905 pages of regulations to 31.
We seek to fully deregulate natural gas to bring on new supplies and bring
us closer to energy independence. Consistent with safety standards, we will
continue removing restraints on the bus and railroad industries, we will
soon end up legislation--or send up legislation, I should say--to return
Conrail to the private sector where it belongs, and we will support further
deregulation of the trucking industry.
Every dollar the Federal Government does not take from us, every decision
it does not make for us will make our economy stronger, our lives more
abundant, our future more free.
Our second American revolution will push on to new possibilities not only
on Earth but in the next frontier of space. Despite budget restraints, we
will seek record funding for research and development.
We've seen the success of the space shuttle. Now we're going to develop a
permanently manned space station and new opportunities for free enterprise,
because in the next decade Americans and our friends around the world will
be living and working together in space.
In the zero gravity of space, we could manufacture in 30 days lifesaving
medicines it would take 30 years to make on Earth. We can make crystals of
exceptional purity to produce super computers, creating jobs, technologies,
and medical breakthroughs beyond anything we ever dreamed possible.
As we do all this, we'll continue to protect our natural resources. We will
seek reauthorization and expanded funding for the Superfund program to
continue cleaning up hazardous waste sites which threaten human health and
the environment.
Now, there's another great heritage to speak of this evening. Of all the
changes that have swept America the past 4 years, none brings greater
promise than our rediscovery of the values of faith, freedom, family, work,
and neighborhood.
We see signs of renewal in increased attendance in places of worship;
renewed optimism and faith in our future; love of country rediscovered by
our young, who are leading the way. We've rediscovered that work is good in
and of itself, that it ennobles us to create and contribute no matter how
seemingly humble our jobs. We've seen a powerful new current from an old
and honorable tradition--American generosity.
Public-domain text, read in full here on John Shaqi.
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