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[[Page 1679]]
of New York. That's what the comptroller does. And in a way, we're here
at the State Fair, and it's sort of like being the State's chief farmer.
You give him the seeds, and you trust him to plant them. You trust him
to bring in the crop, and you trust him not to waste any of it.
And it's kind of like farming; you've got to be conservative, but
you have to take a risk. If you don't take a risk, nothing ever sprouts;
and if you're not basically conservative, it all burns up in the ground
and is otherwise lost. And I think Carl McCall has husbanded the
resources of the people of New York and taken advantage of this great
economy our country has enjoyed and used that to try to find ways, as
Mike said, to help you educate your children and do a lot of other
things that need to be done. And I respect that very, very much, and I
thank him for letting us crash his lunch. [Laughter]
Now, it is true that--Teddy Roosevelt and William Howard Taft might
have beaten me here, but I'll guarantee you, I've been to a lot more
fairs than both of them put together. [Laughter] I never met a fair I
didn't like. [Laughter]
When I was a young man starting out in Arkansas, you had to go to
all the county fairs. That's always the biggest crowd, and you'd go out
in all these rural areas and go to the county fairs. I remember, I
showed up at a county fair one time--I hadn't ridden a horse in years. I
wanted to look like I was not taking these rural people for granted, so
I wore a pinstriped suit, wingtip shoes. [Laughter] I had this young
man, even younger than me, helping me. And he said, ``I'm going to take
you to the sheriff. If he's for you, we'll win the county. If he's
against you, we'll lose, and we can go home.'' [Laughter] ``You don't
need to shake any hands; you don't need to do anything. If he's for you,
we win; if he's against you''--[laughter].
So he takes me to see the sheriff on the night the rodeo opens at
the county fair. Sheriff's jaw is full of tobacco, holding a horse. He
said, ``Son, if you ride this horse into the ring when they open the
rodeo, I'll be for you. If you don't, leave town right now.'' [Laughter]
I said, ``Give me the reins.'' I got on the horse in my wingtip shoes
and my pinstriped suit. [Laughter] They played the music. You know how
they open the rodeo; you know, all you've got to do is kind of get
behind the horse in front of you, and they'll lope along together. Not
my horse! We get out in the middle; it stops dead still, rears straight
up--[laughter]--I'm holding on for dear life. I got out of there in one
piece. I didn't fall off. The sheriff looked at me and said, ``You
didn't fall off; that's worth another 5 percent.'' [Laughter] So I've
had a lot of experience.
I also--we used to have senior day at the State Fair, and I always
had Governor's day, so I always did it on the day we had senior day. And
what Hillary said is true; that lady had 14 children, and they had 40-
something children, and they had nearly 100 children, those 40, already.
So she had 150 in her family.
I also used to hold my own listening sessions at the State Fair on
Governor's day. I'd just go into one of the exhibition halls and set up
a little stand, like everybody else, and people would come by.
And I remember, in 1990 at the State Fair, I was thinking about
running for a fifth term--this is what's great about the fair; I can't
wait to get out there and see some of the exhibits--this old boy in
overalls came up to me and said, ``Are you going to run again?''
[Laughter] I said, ``Well, if I do, will you vote for me?'' He said,
``Yes, I guess so, always have.'' I said, ``Well, aren't you sick of me
after all these years?'' He said, ``No, I'm not, but everybody else I
know is.'' [Laughter] And so I said--you know, that's what fairs are
for. So I said, ``Well, don't you''--I was kind of hurt--I said, ``Don't
you think I've done a good job?'' And he said, ``Yes, you've done a good
job, but you got a check every 2 weeks, didn't you?'' [Laughter] He
said, ``That's what we hired you to do.'' Very important lesson for
anyone contemplating running for any office. Remember that. That's what
we hired you to do.
I say that because I want to close with just 2 minutes of serious
talk. I am profoundly grateful for the good fortune and the good times
our country has enjoyed. I'm profoundly grateful that we live at a
moment in history where we don't have, as we did during the cold war,
one big threat to our common existence.
[[Page 1680]]
But we're sort of like farmers sitting on a good crop. We had a
great crop last year, and we got a lot of money in the bank. Now what
are we going to do with it?
And when you're at the State Fair, you need to think like that. If
America is a farm and we're the farm family and we've had years of great
crops and we've got a lot of money in the bank, what are we going to do
with it?
Well, I think that we ought to take the chance of a lifetime to face
our big challenges. The next 30 years, the number of people over 65 is
going to double. I hope to be one of them. [Laughter] It'll change
everything--everything. You'll have fewer people working, more people
retired. The economics of retirement income from Social Security and
Medicare and other things will dramatically change.
I think we've got to use all these good years we've had to try to
secure Social Security and Medicare to meet the basic needs of our
seniors and to get the seniors' children, the baby boomers' children,
through the retirement of the baby boom years. Because we don't want--I
can say this; I'm the oldest of the baby boomers--we don't want our
children to have to take money they should be investing in our
grandchildren to take care of us, because we didn't take care of the
challenge of the aging of America. And so we've got to think about that.
We've got to think about the children of America. Hillary said that,
and you clapped, and I appreciate it. But I just want to--we finally
have a group of kids bigger than the baby boomers, over 53 million
children in the schools of America. A higher percentage of them come
from families whose first language is not English than ever before. Now,
in a global society, this is a very good thing, if but only if, we give
every one of them a world-class education and recognize that we need
them all.
The Governor of California is a great friend of Hillary's and mine,
Gray Davis. And he said, ``You know''--he's about a year older than I
am--he said, ``You know, by the time we get retired, there'll only be
two people working for every one person drawing Social Security. And I
don't want my two workers to be D students today.'' [Laughter] That's
pretty good. Interesting thing.
He says it to make the point that we all, whether we have children
in the schools or not, whether we have one child or 10 or whatever, we
all have a vested interest in the children of America. We have a real
opportunity now. We know what works. We know what helps our schools to
make sure all our kids can learn.
The third thing I'd like to say, I'd like to allude to something
Hillary said. You know, even though we've got the longest peacetime
expansion in history, the largest number of jobs ever created in this
period of time, the lowest minority unemployment rate ever reported, new
records in small business formation every year--in spite of all that,
the hard, cold truth is that this economic prosperity has been very
uneven.
And you know it in central and upstate New York. These regions know
it. There are parts of New York City that know it. In my home area, in
the Mississippi Delta, they know it. In Appalachia, they know it. On the
Indian reservations, they know it.
We've got the chance of a lifetime now, when we're all debating how
we're going to keep this economy going without more inflation. How can
we keep it going? I can tell you how we keep it going without more
inflation: Bring jobs and investment to the areas that have not yet
participated in the recovery. That gives you growth.
And one of the things--this is the only specific thing I'll
mention--one of the things I have asked the Congress to do is to pass a
law which would give the same tax incentives to investors to invest in
areas with higher unemployment in America we give them to invest in
developing areas in the Caribbean and Latin America and Africa and Asia
and other places in the world. And I think we ought to do it.
I also believe another thing that will help every area is just to
keep this thing going, because the more you keep it going, the more it
will reach into more and more neighborhoods. And one of the reasons that
I have been opposed to, in effect, giving away, today, the long-term
benefits of the economic recovery, which is what I think an excessive
tax cut would do, is: If you have a
[[Page 1681]]
real big tax cut, you don't have money for education; you don't have
money to extend the life of Social Security and Medicare. There will be
an increase in interest rates, because people will think we're going to
overstimulate the economy, and that way all of you who care about
interest rates will lose your tax cut in higher interest rates.
And what I want to do is to have a tax cut that is modest and
targeted, so that we save enough of this surplus, not only to save
Social Security and Medicare and invest in education but also to get
this country out of debt in 15 years, for the first time since 1835.
That's before Teddy Roosevelt and Taft came to the fair. [Laughter]
Andrew Jackson was President in 1835. That's how long it's been.
But again, think like a farmer. If you're a family farmer, chances
are you've got an amount of money every year to bring the crop in or to
replenish the herd of cattle or whatever it is you do. America is like
that.
And if you want this economy to continue to grow, we have to keep
interest rates as low as possible. I can't think of anything that would
guarantee the children in this audience a generation of security more
than essentially taking America's Government out of debt, taking America
out of the competition for borrowing money, leaving the money there for
you to borrow and our children to borrow, at the lowest possible
interest rates, for business loans, for home loans, for car loans, for
college loans, for you name it. I think this makes a lot of sense.
So I say to you, when you leave here today, I want you to think
about that. I want you to think of Carl McCall as somebody who's been
like a good farmer, who's taken good care of your resources. He hasn't
squandered the seed. He can bring in a crop next year for you because
he's done it. And I want you to think of the challenge and the
opportunity, the phenomenal opportunity your country has right now.
I won't be around for a lot of these decisions which have to be
made. But we can make them now. And if we stick with them, we literally
can meet the challenge of the aging of America, the challenge of the
children of America, the challenge to spread the economic bounty of
America to communities that haven't had it. We can get this country out
of debt, and we can continue to lead the world for peace and freedom and
justice. We can do that. But we have to think like the people we're
coming here to this fair to celebrate today.
Thank you, and God bless you.
Note: The President spoke at 1:12 p.m. in the Empire Room of the Art and
Home Center Building at the Syracuse State Fairgrounds. In his remarks,
he referred to State Assembly Majority Leader Michael J. Bragman; and
State Comptroller H. Carl McCall's wife, Joyce Brown.
<DOC>
[Weekly Compilation of Presidential Documents]
[frwais.access.gpo.gov]
[Page 1681-1682]
Monday, September 6, 1999
Volume 35--Number 35
Pages 1669-1687
Week Ending Friday, September 3, 1999
Radio Remarks on Earthquake Relief for Turkey
August 31, 1999
The recent earthquake in Turkey is one of the worst natural
disasters of the century. Tens of thousands of people are either
confirmed dead or still missing.
On behalf of all Americans, Hillary and I offer our deepest
condolences to the loved ones of those who have lost their lives. Our
thoughts and prayers are with all those affected by this tragedy.
Turkey is our longtime ally. The Turkish people are our friends.
Today they urgently need assistance. Many are severely injured. Hundreds
of thousands are camping outdoors. There is a serious risk of disease
spreading. We must help the victims rebuild their lives.
Working with Turkey's Government and others, American military and
civilian personnel, including teams from Fairfax County, Virginia, and
Dade County, Florida, helped with the rescue efforts. Now we're helping
provide shelter, water, sanitation, and medical services. I'm grateful
to all those participating.
Here at home, Americans are helping, too, including religious
leaders of many faiths, who've united to call for prayer and
humanitarian action. I encourage my fellow citizens to give generously
to charitable organizations supporting the relief efforts. For
information, you can call our toll-free number in the
U.S., that's 1-800-USAID-RELIEF--1-800-USAID-
RELIEF or look on the Internet at www.whitehouse.gov.
[[Page 1682]]
Note: The President's remarks were recorded at approximately 10:45 a.m.
on August 28 at the Edgartown Elementary School in Martha's Vineyard,
MA, for later broadcast. The transcript was released by the Office of
the Press Secretary on August 31. These remarks were also made available
on the White House Press Office Radio Actuality Line.
<DOC>
[Weekly Compilation of Presidential Documents]
[frwais.access.gpo.gov]
[Page 1682]
Monday, September 6, 1999
Volume 35--Number 35
Pages 1669-1687
Week Ending Friday, September 3, 1999
Statement on Announcement of the Bosnia-Herzegovina National Day
September 1, 1999
Today the Joint Presidents of Bosnia-Herzegovina announced that the
national day of their country will henceforth be celebrated on November
21, the anniversary of the
Dayton peace accords of 1995. In so doing, the leaders of every ethnic
community in Bosnia-Herzegovina have made clear that Dayton marked not
merely the end of a war but the beginning of a new country and a
blueprint for its future. I am pleased that the date
November 21 will be honored as a symbol of multi-ethnic democracy and
solidarity between the people of the United States and the people of
Bosnia-Herzegovina.
<DOC>
[Weekly Compilation of Presidential Documents]
[frwais.access.gpo.gov]
[Page 1682]
Monday, September 6, 1999
Volume 35--Number 35
Pages 1669-1687
Week Ending Friday, September 3, 1999
Statement on the Cease-Fire Agreement in the Democratic Republic of the
Congo
September 1, 1999
I welcome the signing of a cease-fire agreement by founding members
of the Rally for Congolese Democracy (RCD) yesterday in Lusaka. Their
signature brings into force the Lusaka accord, signed by six African
Heads of State on July 10th and aimed at ending the war in the
Democratic Republic of the Congo. In a region that has seen terrible
violence, there is now a chance for a genuine and just peace. I urge all
parties to implement and adhere to the agreement and to act in good
faith to enable the citizens of the Congo and neighboring states to
pursue their lives in peace, prosperity, and democracy.
I especially congratulate the leaders of the Southern African
Development Community (SADC), Rwanda, and Uganda for working together to
secure RCD signature of the Lusaka accord. This agreement is the result
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