 Ladies and gentlemen, the President of the United States, and Mrs. Reagan. Thank you. Thank you all. Governor Duke Magin, Senator Wilson, Congressman Zhao. Ladies and gentlemen, thank you all very much. And a great big thank you to the Dianza Dons for allowing us to use your field. Happy Labor Day. I just want you to know how happy Nancy and I feel being with you today. You know, it started yesterday when I got on Air Force One. Couldn't think but, help but thinking, California, here I come. But I've come to ask a simple question. Will you take freedoms next step with me so we can continue the new beginning we made four years ago? I've been traveling around the country quite a bit recently and I've been noticing something and please correct me if I'm wrong. But it does seem that Americans look happier than they looked four years ago when we were campaigning. You seem like people who even believe in your future again. As a matter of fact, you seem like you're better off than you were four years ago. Now I know that you don't want to hear about interest rates that reached their worst peak since the Civil War back in 1980 and about double digit inflation or about huge unfair tax increases on working families, growth that ground to a halt or about the loss of freedom and steady decline of U.S. leadership abroad. So I won't talk about those things. And believe me, our opponents don't want to talk about them either. But we want to talk about the present and the future, about what Americans are doing together and what we must continue to do to make America great again and let the Eagles soar. What we've done for 21 straight months and what we must continue to do is create powerful economic growth while keeping the inflation monster locked in his cage. And that's how we've created what our European friends are calling the American miracle. What we've done and must continue to do is help restore an environment in which traditional values can flourish, family, work, neighborhood, freedom, and faith in God. In those values lies the heart of a good and decent people and the golden hopes of a nation as generous and peaceful as the world has ever known. We're seeing a rebirth of these values, not to return to some mythical past, but to build on strengths for a creative future as we renew the quest for excellence at all levels of our society. What we've done, what we must continue to do is keep America prepared for peace with freedom and human dignity. And by being prepared to deter aggression, by bringing steadiness to American foreign policy, by being prepared to pursue all possible avenues for arms reductions, by ensuring that our economic strength leads the way to greater stability through growth and human progress, and by having the spiritual strength and self-confidence to reach out to our adversaries. And what we've done and must continue to do is to help push back our newest frontiers in education, high technology, and space. America has always been greatest when she dared to be great. I'm convinced we will be leaders in developing these frontiers because the American people would rather reach for the stars than reach for excuses why we shouldn't. We can forget that pack of pessimists that are roaming our land. If we strengthen incentives, invest fully in new technologies and strive for new breakthroughs in productivity, then we can out-produce, out-compete, and out-sell anybody, anytime, anywhere in the world. And as we use our knowledge to help older industries modernize and help develop new sunrise industries, we can create a bounty of new opportunities, jobs, and improvements in the quality of life surpassing anything that we've ever before dreamed or imagined. My friends, this we can do if you'll give us your support. The truth is we've already got a good start. So I hope I'll be forgiven for pointing out one difference between ourselves and our opponents. We believe in high tech, not high taxes. The Silicon Valley produces some of the most advanced technology in the world. I'm told that you actually have a computer that was able to add up all the promises that have been made by the other side. But when that computer tried to add up all the tax increases it would take to pay for them, it blew a fuse. They intend to fund their campaign promises by raising taxes more than $1,500 on the average per household. Now, I knew that that wasn't what you thought your future should be. The future we're building is not one of special interest groups, one or another, but for all the people. And let me offer a little proof in the form of a question. Which major industrial nation today has the strongest economic growth? 7.6% for the last quarter. Inflation of only 4.1%. Labor force participation at an all-time high. The fastest rate of job creation, 6.5 million more people working the last 19 months alone. A record 600,000 business incorporations last year. Its fastest rate of business investment in 40 years. Handsome productivity gains. The largest increase in real after-tax personal income since 1973. And yes, leadership in developing jobs and markets for the future in science and high technology, both on earth and in outer space. I figure you know which nation fits all of those and its initials are USA. Maybe the American people deserve all the credit for the way that you pulled us from the depths of the economic mess that we were left with. I think the American people have trouble understanding why some people persist in distorting the facts. Just night before last, a high-ranking official of the AFL-CIO was interviewed on national television. Now it's hard for me to understand why someone in his position could be as unknowing as he seemed to be about the national employment situation. He charged that our tax program was beneficial to the rich only. And yet, even after they got all that money, there had been very little investment in production facilities to provide new jobs. So he said unemployment was getting worse. Well, he might like to know that there are more people today than ever in our nation's history who are employed. And as I just noted, more than six million new jobs have been created in less than two years in the auto industry. There are nearly 150,000 more people employed than were working in that industry in 1980. As far as business and industrial investment, I just pointed out, it is at the fastest rate of any recovery since World War II. Now, I wonder if he knows that a short time ago, his AFL-CIO was supportive of those who wanted to cancel the third year of our tax cut and cancel indexing. That cancellation, that would have dumped about three-quarters, 74 percent of the tax increase on all those earning below $50,000 a year. And when he accused me of plotting to destroy the unions, does he know that I'm the only fellow that ever held this job who was a lifetime member of an AFL-CIO union? I was six times president of my union, and I lit it in the first strike that it ever had to call. Now, with distortions like these, our detractors would like to have you think we've made no progress. You know, they remind me of a baseball rookie. He had a kind of a know-it-all manager, and it was a crucial game in the pennant race, and tied up in the bottom of the ninth, and they put him in as a pinch hitter. And he boomed one way out over right center field and clear over the bleachers into the street. And of course, by the time he rounded third and headed for the plate, he had a broad grin in his face, got to the dugout and that manager, that know-it-all manager was waiting for him. And the first thing he said was, your stance was all wrong. You were awkward up there. You held your arms too high. And when he paused for a breath in his criticism, the kid says, yeah, but how was it for distance? Today, America is moving in a new direction. For the first time since the presidency of the administration of John Kennedy, the flow of earnings and power from the people to the government is not increasing, it's going the other way, flowing from the government back to the people. And we intend to keep on going in this new direction for a brighter future. We want to enact an historic reform of tax simplification that makes the system easier to understand, fair to all, and that can bring everyone's tax rates further down, not up. Might we consider taking our cue from our Olympic athletes? Rather than discourage risk taking and punish success, rather than raise taxes, let's go for growth and let's go for the gold. We want to handcuff the big spenders by enacting a line item veto and a constitutional amendment mandating that governments spend no more than government takes in. You know, there are some that say you can't do that. Well, right here in California, we have both of those here in our Constitution. I used that veto more than 900 times when I was governor here, and our budget stayed balanced. And your governor now stands ready and is armed with that, and that's why you have surpluses in balanced budgets. We're pushing for something called enterprise zones so people can get off unemployment and welfare and get the chance for decent jobs that they deserve. Our dream is to help every American climb as high as he or she can go. Now, isn't that more compassionate than keeping people down in dependency for the rest of their lives? That enterprise zones legislation is bottled up by the majority leadership in the House. We think that it's time for every American to have the protection also of our anti-crime package. Time for spouses working in the home to receive the same rights for IRAs as spouses working outside the home. And time for working families who pay to send their children to parochial and independent schools. And pay their full share at the same time of taxes to support the public schools that they should receive the simple justice of tuition tax credits. Now, the trouble is our opponents treat each new idea the old-fashioned way. They spurn it. They turn it down. You know, I hate to say this, but the age factor may play a part in this election. No, not mine. It's their ideas are too old. Now, the party, the party whose nomination that I hold may be the minority party for now, but we have the majority of good and new ideas we believe in opportunity and opportunity for all. GOP doesn't stand just for grand old party. It also stands for great opportunity party. We believe that everyone deserves an even place at the starting line. And the more we encourage economic development, the more jobs that are created, jobs for young people just getting out of school, jobs for people denied opportunity in the past, the more all Americans can share in a dynamic, exciting future. And let me wake one thing plain today. We will not be satisfied until all Americans understand that they're welcome with us and belong with us. The Republican Party won't be complete again until more black Americans feel that it is their home again. The Republican Party won't be complete until Hispanic Americans and every individual in this country understands that we are the party of opportunity, the party of growth, the party of the future, and that party is America's party. We take no one for granted. We don't think we own any group. We consider nobody ours. We do not appeal to envy and we don't seek to divide and conquer. What Abe Lincoln said once must be said again, a house divided cannot stand. To all those Democrats who were loyal to the party of FDR, Harry Truman and JFK, but who see that its current leaders have changed it, that they no longer stand firmly for America's responsibilities in the world, that they no longer protect the working people of this country, we say to them, our arms are open. Join us. I believe in my heart that by changing our country these past three and a half years, we're making it a better country, a country of greater freedom, opportunity, confidence, and hope. And that's the America I'm working for this year. That's the America I intend to work for in the next four years. My dream for America, and I know it's one you share, is to be the kind of success story that this valley has, see that story multiply a million times. And with you by our side, we'll make history again, and our victory will be America's victory. And now I just want to thank all of you for sharing this afternoon with us. God bless you all. Thank you. And you send this congressman Zhao back to Washington. We need him. Mr. President, in as much as you are De Anza College's founding governor, and in as much as its founding trustee, Dr. Robert Smithwick, and its founding president, Dr. Robert De Hart are also here today, and in as much as you honor us and community colleges everywhere by returning to our campus as President of the United States, it is my pleasure to confer upon you by authorization of the Board of Trustees of the Foothill De Anza Community College District, the honorary degree of Associate in Arts with all the rights and privileges there unto appertaining. Mr. President, we are truly honored to have the President with us today. And we have had people working there, over 40,000 people here today to welcome you, Mr. President. The memories of the Silicon Valley when you leave here, so we would like to have the entertainers and the performers who have been here today before you got here to sing God Bless the USA. Thank you. She's over there, way over it where you can't see her.