Radio Address to the Nation on Soviet-United States Relations and Trade Legislation
My fellow Americans:
week, as our thoughts begin to turn toward Easter, the cause of peace among
nations is foremost in our minds, a cause that was also at the top of our work
agenda here in
Mr. Shevardnadze's stay, I announced May 29th through June 2d as the dates for
my summit meeting in
some progress was made here and there in various areas, but there's much more
that needs to be done, given the importance of the topics discussed. Our agenda
important accomplishment of the first few summits, however, will be before the
United States Senate Foreign Relations Committee next week for approval; this
is the INF treaty on intermediate-range nuclear forces that Mr. Gorbachev and I
signed when he was here for the
Now, some of you've heard me say before that our progress with the Soviets is based on their awareness that we have no illusions about them and on our determination to deal from a position of strength. Now, that strength means, of course, keeping our defenses ready and second to none; but it also means a strong and vigorous economy and a place for America as the world leader in trade. That's why the other matter that is being considered in the Congress is of critical importance; that is the legislative conference on trade legislation.
year, there was trade legislation coming through the Congress that would have
meant serious risks to
So, my hope is that the Congress will stay on course and that we will settle on a bill that avoids the great danger of choking off international trade and slowing down economic growth. I will not sign a bill that imperils our economy and threatens growth. And by the way, that economic growth keeps coming right along. Only this week we heard that the gross national product growth for last year was 4 percent. Now, this was higher than our own expectations -- expectations that, by the way, were criticized as too rosy a scenario when we first made them. Well, the rosy scenario was even rosier than the one the critics were down on. It just shows what can happen when spending and taxes are held down and trade is encouraged. In fact, right now much of our economy is being driven by the growth in exports that bad trade legislation would discourage.
you can see there's much on our minds this week in
Until next week, thanks for listening, and God bless you.
Note: The President spoke at from the Oval Office at the White House.