Political Quotes

On the recordOctober 20, 1992
You're caught up in what has been a global recession. It's not just the United States. I'll take my share of the blame for the United States. I'm not going to take all of it because I think there's a lot of fault as to how things can be better. But this agenda for Americans' renewal that puts emphasis on investment is job-creating. I mentioned the homebuyers tax credit. I might talk about an investment tax allowance; it would stimulate job creation. You know I'm for the capital gains reduction. And the opposition--except I think Mr. Perot may be for it--but the opposition says this is a tax break for the rich. It is not. It is to stimulate entrepreneurship, the creation of new businesses. So I would suggest that the best answer to the economic recovery which is needed are these incentives that I've proposed as recently as January of this year, all hung up by a Congress that has to win by having things bad. I wouldn't be sitting here probably if the economy was growing at 3.5 or 4 percent, and it's not. But I think these incentives that I proposed are the way to make the economy grow. Herein I have a big difference with Governor Clinton. He says, ``grow the economy,'' get the Government to use what he calls investment. Government investment does not create the kind of job that you're looking for. It creates bureaucracy. Mr. Nigut. Have you made a decision at least tentatively about which of the three Presidential candidates you believe has the kind of programs that will make sure you'll find good work down the road?
Said by
George H.W. Bush
Republican · Texas

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