 So, I guess I'll chair it here, and we'll go through it, and we'll go through it again. So, I guess I'll chair it here, and we've got three items I know that come up here in the first one of the Economic Commission of the U.S. trade. Mr. President, let me make some background comments, and then some more specific comments about the situation. In terms of background, I think that we see that there are quite high levels of unemployment in many major European countries. 1,013 percent Denmark, 10 percent Ireland, 16 percent Italy, 10 percent Spain, 20 percent Turkey, 12 percent UK, 12 percent. And as you know from all the material that we talked about during the preparations for the summit, they've had for all intents and purposes no employment growth in the last ten years. I think there is a little bit by country, but the picture is quite stagnant. So there is high levels of unemployment, and there is a sense of stagnation in employment going together. There are concerns that the U.S. and Japan are stepping out smartly, technologically, and they're not quite with it. And there are no consequent political problems that are being felt by coal, by thatcher, by Mitterrand. We know that they're all down in the polls and not looking good. At the same time, when we look at the economic environment, and here I'm just giving my opinion, and I expect to get an unedited barrel of the summit economist, but I think we have to remember that this is a very dynamic environment. Oil prices are coming down. Inflation seems to be coming under a pretty good control in the industrialized countries and the perception that that's so, and likely to remain so for a while, is taking hope. Hey, Sharon. See you. You've been in Honduras, Connecticut. Good to see you. How are you, Mr. President? Fine, sir. You didn't get to say hello the other day. No, sir. You're super, Mr. President. You're the same. You're the one in the right time. We could have done that. That's right. Mr. President, I just want to see you. You'll start from the chicken tail there. I'd like to see you. Please sit down. Mr. President, this is a group of businessmen and women, most people who own small businesses, and they're here to talk with you about tax reform. They are enthusiastic about the tax proposal that you have. They've been asking some specific questions about basic items, but I think everyone here understands that this is a total package and one in which you have to give up something in order to get something in terms of rate reduction. Well, it sounds like maybe the remarks you're going to have here are necessary that you don't want this already been plowed. I do want to thank all of you here for dropping your work and your business to date and come to interrupt your busy schedules to meet with us. It's true. We did unveil that plan a few weeks ago, and since that time the polling has shown that about two out of three Americans supported. I hope that we can count you among that number. As entrepreneurs, you understand the importance of getting the government out of your way and allowing you to make the kinds of saving and investment decisions that will make your businesses grow instead of making decisions based on the threat of tax hanging over you. We think that our plan is designed to lessen government interference and economic decision making to stimulate the pools of venture capital and to lighten the heavy burden under which you have operated up until now. Good to see you. Good to see you. Good to see you. Good to see you. You don't have your orders. You're here. So many meetings. So many talks. So many meetings. Mr. President, I can't tell you as long as you can, but we're on a serious list of years. So we need to continue with taxitao on the apparel imports just about the rose. Since in the last 49, in the last two years, I've shut down five plants, lost 2500 in the west. 17,042 of our people that signed the petition asking for your help they've written over 10,000 letters that were too heavy for us to bring along but we did bring the petition along with this letter of transmit we need you help some it's here in our communities it's here now be certain people support us on this trade legislation that's been in the Congress now well certainly look at this with care and certainly that petition will register we're not we're not fighting on the level that we've got too much against us and on the way to turn this to the guy who appreciates your consideration favorable consideration endorsement support for this legislation if you would give it to me I'm sure we're not going to believe this legislation is talking about here send it there once you got the legislation about last Wednesday and edging the housework and sort of what they need to be with your help they figure you can carry 49 out of 50 states that you want to be able to talk to some of these leaders we have 283 co-signers in the house and 52 summaries of this bill so we've got a lot of strong support and it spread pretty much throughout the country to show him the folks are concerned and the major thrust of legislation is asking to enforce the existing agreement that aren't being really enforced that's the because I know that we have a very many of these here and that that enforcement that could be a problem on its own and we will of course as you know we're here we are engaged with all our trading partners trying to get everybody to come around to open markets and so forth we just got that your personal get there well you're following agreements that weren't exist yes 81 they were supposed to go up this for seven year and they've done so they haven't been in the whole this would this would that's my brother you come in I want you to get Joe you get right you know we have both of them together we never got no we all bring for you in your leadership role in this crisis going on you know you have a very burden but we're with you all the way on that we're sorry to bury me but you got going on because of this one tragedy though it may be we're hopeful because of some things that have been developing thank you for your time I just tell you something recently you know the national champion basketball team came in here and you bar yeah I keep getting I knew him when he was the best under his own name I had to tell you without exaggeration when he came into this office he ducked whether he needed to or not I never had a chance he came through please we got faith out of this picture they will kill both of us off but we ought to get it I had to show you Joe Lord you won't get one between the two that would be fine here we go thank you thank you thank you thank you you know both of you are out at the same time let's see how how are you well listen I know what you've been doing with the your program your board and yours with the family family and the people that you breached corporate world I'm delighted to have your support all of you here any suggestions you might have what did you do we met with you we've had by the grassroots an article and one of the proposals that we brought to you at that time was precisely what you're happy with the tax proposal by eliminating tax alone so we supporting the tax proposal with enthusiasm and taking the word out around you know some of the people that are talking to us about the bracket we've got a fourth bracket it's zero we feel very strongly about the tax proposal Mr. President we will support it in every way we can we receive about 100,000 hours a month from our radio program and we read that mail very carefully and assess it to pick up trends of where the family is and what its needs are and I'm absolutely convinced from that mail thank you it's a great pleasure opportunities to meet you say congratulations to you let it all in thank you well thanks good to see you thank you nice to see you good to see you again yes and I have seen this but the organization is doing for us therefore I signed this petition and would like to hand it to you to continue fighting for us well we intend to do that and I know what a great thing this is now for Ukrainian Catholics and for Catholics generally but I happen to believe myself that the greatest hope we have with regard to Eastern Europe and the whole that the Soviets have there is the rising tide of religion among the people one of our clergymen Ms. Instance of Protestant who has been there told me that where the Soviets have apparently not paid much attention to older people going to the churches there this gentleman has been there quite a bit said to look very closely sometimes in the films the coverage of this at the little old ladies in their tabushkas and you'll see some pretty young faces under those tabushkas where they know that if they're considered to be old women and so forth the KGB won't be that attentive so they pretend to be that this religious belief is widespread among young people they pretend to be back to back because they are dissatisfied by their early promising and people have to have something to believe in and certainly can't believe in their sisters Please be seated Secretary Bennett at a 1979 the program was expanded to include achievements in the arts this year Chairman Beverly White I want to thank you and all of the commission members for your fine efforts in 41 of our country's finest students young Americans who can inspire or prove American education just two years ago the Department of Education report entitled A Nation at Risk concluded that if a foreign power had attempted to impose on America the mediocre educational performance that then existed we might well have viewed it as an act of war since then the three C's can help us to understand the fundamental aspects of good education and when I looked over your award citations I realized that the 141 of you here today provide a beautiful illustration of the three C's in practice the first C is Johnson of Kentucky grew up in a housing project the son of a single mother who works at a second job cleaning a bank at night to support her family he started school in a readiness class for children not quite prepared for first grade this spring Greg graduated as the first black valedictorian in the history of his high school it is not a matter of knowledge alone but of things like honesty kindness and loyalty and the five schools designed for talented young performers one of you, Monty Greek of Nebraska spent his early years in the kind of school that until today I thought only people my age were influential teachers they merit a good part of the praise and in perceptive mind I know you will but you already have joined me in the nation I commend you you know sometimes pleasant tasks in this job of mine like this one this morning but sometimes also there are responsibilities that get very irksome like the one that I now face in which without getting a chance to meet each of you individually I have to turn you over to secretary benefit that on good authority that that's what I need to do because early in my administration a metropolitan newspaper asked children to young people to write in and tell them what they advice they would give to the newly elected president me and I have never forgotten one of them I'm an 11 year old girl she told me a number of things that I should do and then she wrote now get back to the oval office and get to work so I'll do that thank you all congratulations to all of you young people God bless you all