The President's News Conference
02/12/1976
https://www.presidency.ucsb.edu...
Income and wealth are not produced in Washington, they are only redistributed there.
I believe the answer to this question is unequivocally and categorically in the affirmative.
The activities of MNC's, however, have prompted questions about their obligations to both home and host countries.
I urge them to continue their good work.