Despite, and not because of, these government interventions, both manufacturing and the American economy grew. A century ago, many Americans invested in new transportation technologies. They also sought government protection through favorable tax and regulatory policies. Despite, and not because of, these government interventions, both the transportation sector and the American economy grew. And so there has emerged a common pattern in the political economy of America.
Businesses develop new ideas, and they come to Washington seeking protection and help.
They sometimes receive the help, and the businesses and the economy grow despite , not because of, the intervention. Today we have before us a new industry with new ideas, ideas that have captured the imagination of American businesses and the American people. It is called the computer industry. And these businesses come to Washington with a refreshingly different message. They do, however, ask for special treatment.