 to be proud to host him and Here we go The band will please strike up. Please both bands if we can have No, I can't If I can't understand what you're saying What is it? All right, the the plane is is taxing up now Some on the outer edges there now see the The plane here. We are there. You are you can see it the Senator wallop is there congressman Cheney and Warren Morton To greet the president as he steps off of Air Force one Chris Mandic Cheney to introduce the president of the United States. Mr. President Mr. President, it's a great honor and a privilege on behalf of all Wyoming to welcome you to Wyoming this morning Especially to welcome you to my hometown of Casper Next governor of the state of Wyoming my good friend Warren Morton, Mr. President It is a particular privilege for me to join Welcome you to Casper because this is my hometown where my wife and my family have lived and raised our family We take pride in the park. We take pride in the growth of our community Casper is a vibrant forward-looking city. What our future can be We in Wyoming and our neighboring Rocky Mountain states like to consider ourselves as being the we know you share that vision for Wyoming and for the nation as a whole You are committed to allowing us to control our own destiny Free from unnecessary Thank you. Thank you so much Mr. President my friend Once again, welcome to Wyoming The people of our great state are always proud to have you sir here Thank you very much. Thank you Thank you very much Senator wallop senator simpson congressman shaney Ladies and gentlemen a candidate for governor the other candidates who are here on the platform for your statewide races It's great to be back here in Wyoming back where your farmers and ranchers and workers and small business people Dream big and toil hard to make dreams come true Thank you You all live in a world that washington will never quite understand the real world I'm I'm pleased to be here And to speak on behalf of people. I very much admire the first of course Is the man who went to washington as your senator, but I can tell you he left his heart in Wyoming Malcolm wallop He shares your values Shares your values, and he's always on the job using his experience to help and protect the people of this great state As chairman of the subcommittee on public lands And reserved water he shepherds legislation crucial to your state Leadership hard work experience Loyalty to Wyoming. That's what Malcolm wallop is all about But he has something else That's mighty important honesty and honor Malcolm wallop is the real McCoy Because he sticks to his word and he sticks by you the people of Wyoming And you know That's very important Because many of us have tended to forget That in the beginning of our country The two senators from each state Were sent there by the state To be a body Representing the states the sovereign states Keeping alive the idea that this nation is a federation of sovereign states Not 50 administrative districts of the federal government Whether it be working for prosperity and peace the peace we all want for our children For these young people who are here today Or protecting the pensions of senior citizens who've already given so much Malcolm wallop has a solid record of keeping faith And you know having mentioned those senior citizens I can predict That when these last few days of the campaign nationwide Our opponents are going to broadcast widely one of the most dishonest canards That has ever been fostered in a political campaign They are going to tell you that we And I really include myself because i'm kind of the target of that That we are some way out Some way we're on our way To changing or reducing or doing away with social security And let me tell you that is what I said before a falsehood I pledged during the campaign When we were aware that social security has some fiscal problems that must be resolved To keep the program's integrity Those problems must be solved But not at the expense of taking anything away from the people who are presently dependent on their social security checks Hold your nose and smile Because you now have the truth Well with your continued support On november 2nd, Malcolm wallop Will remain right where he belongs doing a great job as your senator And let me say too how much I value the strong loyal support of your outstanding congressman dick cheney Dick's leadership as chairman of the house republican policy committee Is remarkable for someone who was just first elected four years ago We need his strong leadership back in the house in washington And I know that your former state house speaker Warren morten of casper Is a man of great experience And he would make a fine governor and i'm an ex governor saying that He will bring to wyoming The same responsible principles of government that we're trying so hard to bring to washington So please promise me something Go out from here Mobilize an army of republicans democrats and independents And get your great statewide candidates elected next tuesday november 2nd With your support and the leadership of malcolm wallop Alan simpson and dick cheney We're changing the direction of america We're putting it back on the course of hope that was charted by the founding fathers We've begun to handcuff the big spenders Get the federal government off your backs Promote economic recovery And put you the people back in charge of your country again For too long For too long the federal government has been violating the constitution In its usurpation of the rights that belong to the states the local communities and to the individual people in this country And now our critics are determined to beat the drums of doom and gloom They say the economy is on its knees Well, you know if the economy is on its knees That's quite an improvement because two years ago it was flat on its back The truth is Thanks to your courage Your patience and your support we've already accomplished a minor miracle We've pulled america back from the edge of disaster Of the five worst economic problems that we inherited Runaway spending Runaway taxing Double digit inflation Record interest rates and high unemployment We have already made solid progress on four of them. And that's not a bad beginning First we cut that bankrupt government spending growth by nearly two thirds Second we passed the first real tax cut for all american taxpayers in nearly 20 years And you know You know so many of those people who constantly beat their breasts about fairness Are the same ones who raised taxes during the 1970s to unbearable levels on hardworking american families In 1977 they passed the biggest single tax increase in our history And it still has further installments of increase Built into the law that will go into effect between now and 1990 the payroll tax And then when we arrived in 1981 They tried to stop us From giving any tax cut at all And now that we've got some of it They're aiming and they've made public that it is their intention to repeal That third year tax cut the 10 income tax cut that is due next july And the indexing Which keeps you from being pushed into a higher tax bracket When you get a cost of living pay raise You know inflation has not been an accident It's a tax by which government without having to bear the owners of passing a tax bill Can get more money out of your pockets through that thing called bracket creep So their idea of fairness means the average family of four if they have their way Would lose more than $2,500 in tax benefits over the next five years It's about time The people who blow so much smoke about compassion Start showing some real compassion for people like you who pay the country's bills Well, I know and I can not only speak for myself, but for these gentlemen here in the platform And that is we're going to protect that tax cut and you're going to continue to get the other installments that are still due Just consider one of the features of that tax cut Which Malcolm allen and dick work so hard to get It contains a major benefit for you family farmers For ranchers for family owned businesses We're raising the estate tax exemption To $600,000 Of even greater help there will no longer be any Estate tax for a surviving spouse Some say when you talk about fixing the estate tax, you're talking about very rich people. No, you're not You're talking about the corner grocer. You're talking about the farmer You're talking about the people who because of inflation Having increased the the value of the property Finds that if there is death in the family The widow and the children who might remain No longer have that source of support because it has to be sold to pay the government's tax on death Well, that's not going to happen anymore and third We're trying to lighten the load on your family budget by beating down double digit inflation It hit 18 percent in january of 1980 But we're doing a little better Matter of fact, we're doing a lot better Inflation is all the way down to 4.8 percent in 1982 and you know I could have said it's back down to four 4.8 percent because the last time it was 4.8 percent Was when the last republican president jerry ford left office We're not finished yet. We're going to bring it down even lower 1982 could go down in history as the best performance against inflation in the last 10 years fourth Our dramatic progress against inflation has enabled us to knock down that 21 and a half percent prime interest rate that we inherited by nearly 50 percent It's now down to between 11 and a half and 12 I say that because it's 11 and a half and some banks 11 and three quarters and others and 12 and the rest And that's going to come down more So So that's four out of five and that leaves us with unemployment Which remains far too high But just as surely a single digit inflation started the interest rates tumbling Getting these interest rates down will drive unemployment back down to single digits, too And then we'll have delivered a knockout blow to the recession once and for all And I say once and for all because it won't be like those seven previous recessions that we've had since world war two When our opponents had controlled the congress for 26 straight years And every time there was a recession they applied the gimmick of big government spending Bigger deficits and the quick fix and all it led to was a little temporary boost And then two years later. We were right back in another recession Just this week the national association of realtors came to washington to report to me a surge of home buying In early october that was far above the average for this time of year That surge of buying means that housing is becoming affordable for more americans again, and this will mean more jobs Unlike some before us This administration intends to get the job done But to get it done right for a change Now I hear those who say that we haven't done enough But you know, there's a kind of a little inconsistency a double standard there They won't accept responsibility for what they did in the 25 plus years they controlled the congress But they demand that we take full responsibility for not producing a miracle in less than 25 months Well, the truth is Our opponents sometimes sound to me particularly in this election year is if they don't really want a recovery Their only concern is a political victory Well, we didn't create the grain embargo We didn't create double digit inflation We didn't create the 21 and a half percent interest rates, which caused so much misery on main street in the farm We ended them And while not every statistic is strong yet the trend is unmospakable Real wages are up Real retail sales are up Housing starts and permits are up the value of the dollar is up Productivity is up Research and development spending is up venture capital in small businesses near a record And while there's been a lot of talk about the bankruptcies, which the high interest rate has brought on and it did There is now A figure of business starts new businesses coming online that is virtually a record in our history Personal savings rates are at a five or a six year high New iR accounts are pumping 30 to 35 billion into savings and investment for board jobs And the stock and bond market is sharply higher Tell me does all of this sound like an economy that's getting weaker or getting stronger confidence Confidence is being restored You and your children can look to the future with hope again And that's good news for america And it's the thing that our opponents are not talking about Don't let the doom criers and the scare mongers frighten our citizens And subvert recovery All they offer is a return to their failed policies of the past More big spending more big taxing more regulations more meddling and More make work more big government coming through the windows underneath the door and down the chimney and that's an alternative We don't need If they can't encourage If they can't work with the rest of us Then let them get out of the way because we're going to do it Next Tuesday you and millions of americans will have a moment to spend in a voting booth A place where you have as much influence and power as any other american As all of you prepare for that moment I urge you to consider some very important questions Ask yourselves Will we create more jobs by returning to the policies that send interest rates up to 21 and a half? Will we create more jobs by returning to the policies that gave us back to back double digit inflation for two years? Will we create more jobs by going back to the policies that taxed working families like millionaires? Or is there a better way? Will the program all of us work so hard to pass the program that is still so young But that was has already brought down the spending growth the tax rates the inflation of the interest rates Does that program we deserve a little more time to fix the one remaining problem? Unemployment so we can put people back on the job and get this country back on its feet again You know another thing you're hearing in this election year is that well We've had our program gave it a try and it didn't work Well my friends Yes, we've been there 21 months But the program didn't start going into effect until 13 months ago And there are still further installments of it to come next year as I told you I urge you when you vote next tuesday vote for your hopes not your fears Vote for your children's future not for the return of a failed past Vote for the real hope of wyoming Malcolm wallop dick cheney Warren morton and your statewide candidates There's a passage in the psalms which says Weeping may endure for a night, but joy cometh in the morning Will america's endured a long and terrible night of economic hardship But now we're entering a new season of hope Genuine hope which springs from the vitality of the american spirit Before I go I'd like to read you just some lines from a letter I received from a wyoming mother not too many miles from here Her son had written an essay What america means to me And in the essay the young man said I'm glad that i'm a citizen of the united states I should help this country in any way I can I think america is the best country in the world to live in america has very good standards so that you and I Can live in peace Those are only a few of the lines the young man wrote But I think We all get the general idea of his essay Well with your continued help with your determination And with the mighty force of your prayers I know That we can live up to those standards And I know too that a great new season of hope will bring the better world that we owe to our children Children like that young lad who wrote that essay and one day to their children I thank you for your support I thank you for your courage Thank you for being americans Send these people back to washington malcom wallop Dick cheney And I know that Warren morton and these state candidates should go back to your state capitol I know of course that Alan simpson is going definitely back to washington not being in this election But we need them all there We need your continued support And then we'll do the job together. I guarantee you and god bless you all Thank you