On the recordOctober 28, 1992
Let me say a word about Ohio. Let me say a word about Ohio. Governor Clinton wants to say, ``Well, I want to put taxes on foreign investment.'' That would threaten 4.5 million jobs, including 150,000 jobs right here in Ohio. He wants to impose CAFE standards, these are the fuel efficiency standards on the auto business, 40 to 45 miles per gallon. That would cost Ohio 20,000 jobs. We do not need this kind of change. We need our kind of change. The only way they can try to win is by convincing everybody we're in a deep recession. Yesterday the news came out that our last quarter of the year has grown at 2.7 percent, personal income the highest in 9 months. We can do better, but that is progress. That is not recession. That is economic growth. And now we've got to keep it going so we can help every single American that is hurting, everyone that is afraid they might lose the job. The way we're going to do that is not by raising taxes and raising Government spending, but my plan, the agenda for America's renewal, will get the job done. And here's how we're going to do it. We are going to open new markets. We are going to create more goods for Ohio agriculture and Ohio products all around the world. [At this point, audience members interrupted the President's remarks.]
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