George H.W. Bush: “Well, I don't think it's rapidly gaining too much support. What I see is a program that does not address itself to the…”

“Well, I don't think it's rapidly gaining too much support. What I see is a program that does not address itself to the deficit, and I'll have a lot more to say about that later on. I think we've got to get the deficit down. I don't think you need to go raise taxes on people right now. I think that's a big mistake. I think it's counterproductive. When you analyze the program, they have this expression around here, smoke and mirrors. You're going to save it all by eliminating overhead, eliminating waste, and there's billions of dollars that is earmarked to do that. And I just don't think that's practical. So when the campaign comes on, there's going to be a very serious comparative analysis on our part. I don't think the program is gaining strength. He had one that was quite different a few months ago, and now, just in time for the convention, out comes another one. But both of them result in taxing. You see, I think the Government is spending too much, and that's why I had to answer this question here like that. I don't think people are taxed too little. I don't think that's the problem. So we're going to have a big difference on the economic approach. Our economic incentives are out there. They're strong, and they're good. North American Free Trade Agreement”