US Presidency
1976

Hardworking Americans caught in the middle can really use that kind of extra cash. My recommendations for a firm restraint on the growth of federal spending and for greater tax reduction are simple and straightforward. For every dollar saved in cutting the growth in the federal budget, we can have an added dollar of federal tax reduction. We can achieve a balanced budget by 1979 if we have the courage and the wisdom to continue to reduce the growth of federal spending. One test of a healthy economy is a job for every American who wants to work. Government, our kind of government, can not create that many jobs. But the federal government can create conditions and incentives for private business and industry to make more and more jobs. Five out of six jobs in this country are in private business and in industry. Common sense tells us this is the place to look for more jobs and to find them faster. I mean real, rewarding, permanent jobs.