When consumers purchase more goods, plants use more of their capacity, men are hired instead of laid off, investment increases, and profits are high. Corporate tax rates must also be cut to increase incentives and the availability of investment capital.

Now let me make it clear that I believe there can only be one defense policy for the United States and that is summed up in the word 'first.' I do not mean first, but. I do not mean first, when. I do not mean first, if. I mean first - period.

It is time for a new generation of leadership, to cope with new problems and new opportunities. For there is a new world to be won.

We need men who can dream of things that never were.

The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital from static to more dynamic situations, the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth of the economy.

You're in there with me. Personally.

Diplomacy and defense are not substitutes for one another. Either alone would fail.