Remarks at a Senate
Campaign Fundraiser for Representative Ed Zschau in
Thank
you all very much for a most heartwarming welcome. And thank you, Ed, for those
very kind and generous words. I should say, thank you, Senator Ed, if the
people of
But
I'm proud to be here tonight with a member of our own team who has taken on a
special mission, and that is to enlist the American people in a war against
drugs. I don't want to sound like a doting husband -- I am -- [laughter] -- but
I'm mighty proud of the work that
With
us tonight are many of the real heroes of our Republican campaigns over the
years. And I want to give special thanks to those of you who, through hard
work, generosity, and grassroots organizing in communities and precincts
throughout this State, have not only made a difference -- you've changed
history. Twenty years ago, when many of us started out together, we were
challenging all the policies of the reigning liberal establishment; yet we
shared a vision of individual freedom, of building a creative society, and of
unleashing the genius of the American spirit. And it was this dream that
brought us together and carried us over the obstacles and through the rough
times.
We
took that dream to
Now,
I wanted to mention all this because, despite the progress we made in those
years, it wasn't long before liberals in
In
the late seventies liberal power in our nation reached a zenith. They
controlled much of State and local government, both Houses of Congress, the
Presidency, and all the executive departments and agencies. As predicted,
liberalism was about as good for
It's
fitting that as I head into the last, major campaign of my political career,
the last campaign in which I will have a personal stake, that
I'm here with you. In the November election the voters will decide who controls
the United States Senate. It's a make-or-break election. Their decision will
determine if everything we've worked for, everything we've struggled and
sweated for, is to be given a chance or to be undermined by people who oppose
everything we believe in. It all comes down to the
So,
here we are again getting ready to mobilize our strength and pull out all the
stops to make certain
And
this year, when young people are looking to our party, our standard bearer for
the United States Senate in California is an individual who exemplifies
creativity, vision, and action -- an entrepreneur who is keenly aware of what
is needed to keep America number one and leading the way. After teaching at
Stanford and Harvard, Ed Zschau decided to put theory
into practice. In 1968, with only $2,500, he started, in his living room, a
company which makes discs for computers. Ed Zschau
would have started his business in a garage, only he didn't have a garage.
[Laughter] His company, as is true of any successful business in a free
enterprise environment, filled a need and did it well. And it went from 0 to
800 employees. Now, that's what I call a Republican job program.
While
we were having dinner here tonight, I just told Ed about a comparison of that
with the other kind of job training program. It was only a few years ago, just
before I was President, when in a speech I was telling the people how in less
than a year's time, somewhere around 6 months, the Government spent $252
million on a government job program which finally succeeded in graduating a
little over 5,000 workers. They could have sent them to Harvard for 4 years for
less than that. [Laughter]
We're
talking about an individual who fully understands that American progress flows
from the enterprise and hard work of people who are free to follow their
dreams. High taxes, overregulation, and big bureaucracies are not the way to a better
life for the American people. Ed Zschau's opponent
has spent a lifetime in government promoting those outdated and failed
policies. Ed Zschau, as a private citizen, fought to
unleash American enterprise from government's ball and chain. In 1978 he personally
fought to lower the capital gains tax from 49 to 28 percent. Having had some
experience in cutting tax rates, I know how hard it is to convince those with
the power to tax the wisdom of lowering the rates. Adam Smith, two centuries
ago, noted that ``high taxes frequently afford a smaller
revenue to government than what might be drawn from more moderate taxes.'' Some
of these young people I mentioned earlier probably think Adam Smith told me
that personally. [Laughter] He didn't. I heard it from someone else. [Laughter]
Well, that cut in the capital gains tax, coupled with our income tax rate
reductions and other reforms early in our administration, spurred
We've
created more than 11.5 million new jobs, with the highest percentage of our
people working on record. Total employment announced day before yesterday is
111,852 million, and at the same time, as Ed told you, inflation is at a
20-year low. You know, every time that the unemployment rates every month are
mentioned and you read them in much of the press or hear them in the media -- I
hope they'll forgive me if I tell you something -- subtract one-tenth of 1
percent of everything they say. There are two unemployment figures: One is for
only civilian employment, and the other one is total employment. And I think
those people in uniform in our country are employed, and it's always one-tenth
of a percent lower if you count them in. I know figures can get boring, but I
have one other one. You know, when they give you the rate of whatever the
unemployment is, I think we should know, if you don't already, that the
unemployment pool in the United States is officially declared to be everybody
16 years and up, all the way to the limit, male and female. And today the
highest percentage of that total pool is employed than ever in our history --
61.2 percent of that total pool of people is employed.
And
I'm proud to be here tonight in support of a man who has been in the forefront
of the battle to keep our economy growing and keep government off the backs of
American business and out of the pockets of working people. As a matter of
fact, in his job as a Congressman today he does something that is very rare and
unusual. You know that there is a fund that goes to each Congressman to pay for
staff and to pay for newsletters and all that sort of thing -- the
administrative overhead of the office. I've never heard of but one -- maybe
there are others -- but one who turns back money, and he this year turned back
16 percent of that allowance to the Government because he said he didn't need
it. Ed Zschau was barely sworn in as a Congressman
before he was named chairman of the Republican Task Force on High Technology
Initiatives. Five high-tech trade associations have named him the high-tech
leader in the United States Congress. The Chamber of Commerce has given him a
100-percent rating and the National Taxpayers Union named him ``the taxpayers' best
friend.''
Now,
all of this as compared to an opponent who is a world-class champion at
expanding government and centralizing power in Washington -- a man with a
100-percent rating with the left-wing ADA.
Having
been in the profession I was in for many years, I know the importance of being
recognized. As a matter of fact, it was brought home to me one day in
But
we're not only working to build an economically sound and growing
We
are just now, finally, overcoming many of the problems we inherited from the
irresponsible days of the last decade. When we got to
And
that's what we're doing this evening. Being here, I can't help but think of the
dinner that we attended at this hotel shortly before the primary began in
earnest. And I reminded all the candidates that after the primary battle, the
party must again be united and focused on our common goals. Yes, we've got our
differences. It's hard to recall now, but about this time in 1982 Pete Wilson's
campaign was just getting underway, and there were some in the party who
expressed misgivings and had some doubts. But now, needless to say, we know
Pete Wilson has been doing one magnificent job in the United States Senate, and
I know he's one of my strongest supporters. Now, all this suggests that any
differences between us are trivial compared to our differences with the
opposition and compared to what is at stake. We have a choice to vote for a
candidate of the past who wants to turn the clock back or a candidate of the
future who wants to complete our revolution.
Some
people might think having a Democrat Senator and a Republican Senator is part
of our system of checks and balances. It is no such thing. If you like what
Pete Wilson is doing for
Ed
Zschau will be a Senator you can all be proud of. The
election of Ed Zschau and control of the United
States Senate is absolutely critical to the future of this country. If there
was ever a time for a maximum effort, that time is now. This election is
special for us -- for you, for me, and for
God
bless all of you.
Note:
The President spoke at