George H.W. Bush: “That might well be, the double declining balance of the depreciation and some of these things taken out so that there…”

“That might well be, the double declining balance of the depreciation and some of these things taken out so that there could be an overall tax cut. It worked for a while, but I think now anything we do with the Tax Code should be to stimulate real investment, some degree real savings, because we're not saving enough as a nation and thus the banks don't have enough of the capital that they would have otherwise to loan out, and through education and R&D and all of this keep our technological edge. We've still got it, but we need to keep it and build it and strengthen it. So, that's the approach we're going to be taking in terms of real investment. And I am going to resist, I don't care what it costs in terms of votes, some of these siren's calls that go out to simply take across-the-board tax cuts that have a good sound to them but do not do what you're talking about. The way to create jobs is through what you're talking about, and that's what I have tried to do. And I'm going to be more effective doing it in the future because I'm going to take my case right to the American people and say, ``Look, here's what I've tried to do; now I need your help.'' New Hampshire's hurting, these other States are hurting. And this is the approach we're going to take. And I hope it makes sense.”