Radio Address to the Nation on Economic Growth
My fellow Americans:
weekend we mark the 92d observance of Labor Day, a day when we celebrate the
strong backs, keen minds, hard work, and dedication that have made
today we also celebrate good news for
we cut taxes and squashed inflation,
Now, some workers in some sections of the economy haven't benefited from our prosperity. I'm thinking especially of some of our farmers who, after years of government interference in agriculture, are having difficulty adjusting to a noninflationary economy. Record levels of farm supports are helping farmers weather hard times, and we're committed to helping them move to a market-oriented farm economy. Also, the changing face of industry has left some workers without jobs. Where unfair foreign trade practices is the culprit, this administration will continue to be the most aggressive ever in protecting the rights of American workers, making sure that free trade is also fair trade.
Job Training Partnership Act has also helped over 2 million workers find new
jobs. But the best answer is tax reform. By cutting tax rates we're going to
rev the engines of entrepreneurship and job creation. We're raising exemptions
for dependents and giving families a long-overdue break, and we're dropping
millions of working poor off the income tax rolls altogether. Tax reform will
be the best thing to happen to the American worker since -- well, since our tax
cut in 1981. That's why I urge Congress this Labor Day to remember our
You know, some people say it's America's natural resources that make our country so great, but the greatest resource of all is our working men and women -- their skill, hard work, guts, and determination. It's like the fellow who took some land down by a creek bottom all covered with brush and rocks. And he cleared the brush, and he hauled the rocks away. And then he started cultivating, and he planted. And finally he had a beautiful garden. He was so proud that one Sunday after the church service he asked the minister if he wouldn't come see what he'd done. So, the minister came by. And when he saw the corn that had been planted there, he said he'd never seen any corn so tall and the Lord had really blessed this land. And then he looked at some melons, and he said he'd never seen any as big as that and thank the Lord for that. And he went on praising the Lord for everything -- the squash and the beans and everything else. The farmer was getting a little fidgety. Finally, he interrupted and said, ``Reverend, I wish you could have seen this place when the Lord was doing it all by himself.''
I've always liked that story because it makes an important point. God gave us
this great and good land, but it's up to us to make it flourish, to preserve
its freedom, and to see it grow in greatness. And this Labor Day, thanks to the
American people, our country is growing stronger every minute. I just have one
final thing to say: Keep it up,
Until next week, thanks for listening, and God bless you.
The President spoke at from his ranch in