US Presidency
1985

Well, today, many have not yet seen how advances in technology are transforming our lives. In the late 1950 's workers at the gathering(ed semiconductor plant in Pennsylvania produced five transistors a day for $ 7.50 apiece. They now produce over a million for less than a penny apiece. New laser techniques could revolutionize heart bypass surgery, cut diagnosis time for viruses linked to cancer from weeks to minutes, reduce hospital costs dramatically, and hold out new promise for saving human lives. Our automobile industry has overhauled assembly lines, increased worker productivity, and is competitive once again. We stand on the threshold of a great ability to produce more, do more, be more. Our economy is not getting older and weaker; it's getting younger and stronger. It doesn't need rest and supervision; it needs new challenge, greater freedom. And that word freedom is the key to the second American revolution that we need to bring about. Let us move together with an historic reform of tax simplification for fairness and growth.