On the recordFebruary 20, 1993
Good for you; it does. Let me tell you the two or three things we're working on here. First of all, I'm trying to set up, in all the big cities throughout the country, a financial institution that will make low-interest loans to people who live in those communities. There is such a bank in Chicago that's done a very good job of rebuilding some of the poor communities through setting up businesses. The second thing that I want to do is to get the Congress to pass a bill which will give people special incentives to invest funds in communities like south central Los Angeles, that you put money in places where there's a lot of unemployment, a lot of empty buildings, you get a special tax break for doing it. And the third thing I have asked Congress to do is to pass a bill to benefit small business people so that as long as they keep investing money to create jobs, they'll have their taxes lowered for doing that. And I think these things are very important, and I'm glad you asked. Let me just mention one other thing. One of the provisions of the economic plan I sent to Congress would also permit us to create about 700,000 summer jobs this summer for young people, which would get them active. And then they could be used to clean up the area and to help people make the parks more attractive and to do things to make those areas better and make people want to invest in them more. We've got a lot of work to do, and I'm glad you asked the question. Health Care Reform Mr. Jennings. We have a question down here in the front row.
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