Richard Nixon actually said...
TODAY I have approved three important changes in the administration of the depreciation provisions of the tax laws which will:--help create jobs for the unemployed as well as young people joining the labor force;--promote the economic growth which is essential if this Nation is to meet its domestic and international responsibilities;--increase the competitiveness of U.S. goods abroad, thus strengthening our balance of payments; and--reduce significantly the complexity and uncertainty of the application of an important section of the Internal Revenue Code.
Context
Statement Announcing Changes in Administration of the Depreciation Provisions of the Tax Laws
01/10/1971