Tags: Bush: | Tax | Cuts | Are | 'Permanent'

Bush: Tax Cuts Are 'Permanent'

Monday, 14 January 2002 12:00 AM

In a speech to workers at a John Deere plant in East Moline, Ill., the president shared his thoughts on what it will take to boost the U.S. economy and help people find work. The five points include national security, education, open trade, energy resources, and good economic policy in Washington.

First of all, the president said, the government must make sure the country is secure against an enemy that wants to attack us. "The best way to secure the homeland of America is to find the enemy where they think they can hide and bring them to justice."

Bush said the enemy made a mistake by thinking the nation is soft because of its wealth. "Oh, my. Are they wrong," he said, prompting a sustained round of applause.

The president said improving the nation's education system is another way to boost the country's economic growth. He hailed the education bill he signed last week as a step in the right direction.

"What's good for the country is to make sure that our education system produces smart, intelligent, literate children," he said, thanking Democrats and Republicans for working together to produce the bill.

The third condition needed to create jobs is free trade – opening up the world for American products.

"Fearful people want to build walls around America," he said. "Confident people believe we ought to tear them down." He said he was confident that the American worker and the American farmer could outproduce anybody anywhere in the world.

And fourth, the president said the U.S. must do a better job of conserving energy and developing new energy sources at home. "It's in the national security interests of our country to have a good energy policy." He urged Congress to get going on it.

And finally, to make sure the economy grows and people can find jobs, "we need good economic policy in Washington," the president said.

His own policy starts with tax relief, he said. "When the economy slows down, one of the best things we can do is let people keep their own money so they can spend it.

"If you have more money in your pocket, you buy more things, which encourages more production." That leads to more jobs, he said.

Anticipating a partisan debate over taxes when he return to Washington, the president said he had made up his mind. "The tax relief plan we passed, which you're now beginning to feel the effects of, is going to be permanent."

In concluding his speech, the president offered the crowd this advice:

"My call to you is work hard like you do. Love a neighbor like you'd like to be loved yourself. Love your children. Tell them you love them every single day. And make sure they turn off the TV so they become good readers. And always remember that we're lucky to live in such a fabulous nation – the nation called America."

President Bush was to deliver a similar version of that speech at several other stops in the Midwest on Monday.

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In a speech to workers at a John Deere plant in East Moline, Ill., the president shared his thoughts on what it will take to boost the U.S. economy and help people find work. The five points include national security, education, open trade, energy resources, and good...
Bush:,Tax,Cuts,Are,'Permanent'
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2002-00-14
Monday, 14 January 2002 12:00 AM
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