US Presidency
1981

If productivity had not stopped growing and then started downhill after 1965, the gross national product today would be $ 850 billion bigger, enough to balance the budget, cut personal and social security taxes in half, and still provide every American with an extra $ 2,500 in spending money. And all of this would have happened with the compliments of the private sector. Now, you wisely learned to harness the Federal Government in the hard pull toward equality, and that was right, because guaranteeing equality of treatment is government's proper function. But as the last decade of statistics I just read indicated, government is no longer the strong draft horse of minority progress, because it has attempted to do too many things it's not equipped to do. I ask you if it isn't time to hitch up a fresh horse to finish the task. Free enterprise is a powerful workhorse that can solve many problems of the black community that government alone can no longer solve.