We will not return to declining employment at home and declining prestige abroad.

A recession today, like those of the 1950's, would mean a loss of $20 billion a year in production, a loss of 1 1/2 million jobs, a 40 percent rise in unemployment.

This year, for the first time, we have broken the barrier of 70 million jobs, and right now we are creating additional new jobs at the rate of 100,000 every month.

We are prosperous today--more prosperous than any people have ever been at any time.

This country is not going to turn away from the upward course of prosperity or from the urgent hopes of peace.

Victory in the war on poverty requires more than jobs.

These are very difficult years.

This administration intends to press ahead with Government economy, but we also have to find in the private economy jobs for these people who are willing.

I plan to get the tax cut.

If action is not taken to establish a transportation policy consistent with the new demands upon the economy, we face serious problems of dislocation and deterioration in both the transportation industry and the economic life of the nation…

It is not merely because of the Cold War, and not merely because of the economic waste of discrimination, that we are committed to achieving true equality of opportunity. The basic reason is because it is right.

The tax program we have submitted is, in fact, consistent with all legitimate ends.

Tax revision, may I say in conclusion, is not the only ingredient in a policy for growth.

I do not see anything abstract or academic about economic growth.

The effects of unemployment are nowhere more depressing and disheartening than among the young.

Well, I wouldn't attempt to get into steel right now, thank you.

Mr. Martin has my full confidence, and I look forward to continuing to work with him and his colleagues on the Board in the interests of a strong United States economy.

The United States will not devalue its dollar.