 Here at Wisconsin, Tommy Topson of raising one hundred and twenty million dollars worldwide To immunize all of the children of the world against polio I'm proud to say Rotary has has a goal to wipe out polio in the world by the year 2005 and The polio in the third world today is certainly thank you, Roger 50 years from now When the history of the Reagan administration is written Our historians will note the years between 1981 and nine through its profligate spending policies Mr.. President unless they change the Constitution since we left Washington No president since George Washington has spent a dime not appropriated by you today the president of the United States Thank you all very much Governor Thompson senator cast and congressman sense and Brenner mayor Miller Today feels like a homecoming to me Traveling through the towns and the farmland here in Wisconsin reminds me of the town where I grew up Just across the border down in Illinois It reminds me of when I was a young man graduating college I didn't know what I wanted to do and the depression was on But I was lucky enough to find opportunities more than I ever dreamed up One of the things I'm most dedicated to doing as president is to ensure That for every young man and woman getting out of high school or college Starting a family finding a job America remains what it has always been a land of unlimited opportunity incident you know When I get to talking about opportunity that reminds me of a story But I'm a collector of stories that I can verify The soviet people are telling among themselves And it gives me an idea of how they regard their situation And many of those stories have to do with the state of their economy and their dismay at the fruits of communism Like what are the four things wrong with soviet agriculture? spring summer winter and fall But the story I'm thinking of concerns a star soviet athlete a hammer thrower He'd gone to the west and seen what it was like and then returned home And in the first meet after he got back. He set a new world record A journalist from a soviet newspaper rushed up to him and asked Comrade, how did you manage to throw your hammer that far? And he replied give me a sickle and I'll throw it even farther Earlier today in Hartford and here in west bend and later. I'm sure in port washington I'm seeing what has made america a land of opportunity It was in the faces of the workers. I met a couple of hours ago at the brone plant It was in the faces of the people who lined the streets here in town as we drove through It's here among you who give so much in service to your community And I congratulate you on this effort that your president just spoke of It's the pride and strength of a great and proud and free people Plain and simple. It's the american spirit Seven years ago when I ran for this office inflation was running wild as you've been told and interest rates too The economy was slowing to a crawl Paychecks were shrinking fast and our leaders told us the roots of the problem We americans and something they called malaise You remember that? Well, I didn't buy that neither did the american people The problem was never the people it was too much federal regulation Taxes that were too high too much federal spending In short too much big government and not enough freedom from it That and not our spirit was the source of our troubles Changing that is why today inflation has slowed way down That's why families can buy more with their paychecks And it's why in communities like west bend or like the city. I was in two weeks ago New britain connecticut and all around america job opportunities are growing Unemployment has fallen to the lowest unemployment Well, it's that has been in this decade We've created more jobs in the last four years than europe and japan combined And there have been more people In the at work this year than ever before in the history of the united states Now you could say well, that's because the population totally keeps growing up But wait a minute. I didn't know Till a short time ago That the potential employment pool in the united states was considered to be Everybody male and female from 16 years Up all the way The highest percentage of that potential pool is employed today than has ever been employed in the history of the united states Ladies and gentlemen, i'm here in the midwest today because all that we've accomplished together All we've done to lower tax rates and lift the suffocating blanket of excessive government off of the american dream And you know the outstanding contributions of senator castan and congressman senson Brenner in doing what we've done And you know what your governor has set out as a program to do Well, all of this is under attack in washington I'm here to ask your help and the help of people all over the midwest I'm here because in years to come I would like it to be said that one of the legacies of my administration Was opportunity for young americans not just this year next year But into the next decade and into the next century If we're to do that, we've got to get control of the federal budget Now you've heard leaders of congress say that spending has been cut to the bone That the only way to lower the deficit now is to raise taxes They insist that everything in the budget now is essential Well, let me tell you about some of the spending that they say is so essential In one major city, there's a mass transit system that the federal government is now paying to extend So few people ride that system or are likely to ride it after the extension is finished That it would be cheaper for us to buy every rider a new car every five years for the next 50 years I'd say it's the taxpayers who are really being taken for a ride on that one Another example For national security reasons the government subsidizes through loan guarantees the cost of building ships for our merchant marine But over the years the meaning of the word ship has been stretched And the meaning of that is last year The government poured out over 400 million dollars in order to make good On defaulted offshore oil rigs constructed with federal guarantees This is what they call essential spending Now I don't need to tell you good people about what's happening with farm spending Farm aid is meant to help the family farmer But the way it is now the government gives little or nothing to most family farmers The bulk of the money goes to the big rich ones Last year, for example, one cotton farmer got 12 million dollars 10 rice farms got more than a million each All this is well known So you'd think everyone would be making a certain that whatever money goes to farmers in the future really does go to family farmers But that's not the way we do things in washington Just last week the senate passed a trade bill Hit in it was another agricultural subsidy for the rich 365 million dollars to big sugar interests And two-thirds of that would go to two big corporations each of which made millions last year Yes essential spending Now anyone who tells you that we can't reduce the deficit without cutting defense and raising taxes is not telling you the truth Last year we got the special interest out of the tax code Now it's time to get them out of the budget And that's just what I mean to do You know this thing defense What it interests you to know that Starting in 1981 and through about 1985 The congress cut 125 billion dollars out of defense spending But in that same period it added 250 billion dollars to the budgets that I had submitted In a little while in port washington i'll be talking about the economic freedoms that underpin our free enterprise system And about an economic bill of rights As the congressman told you to guarantee them The economic bill of rights includes something 85 of americans want a balanced budget amendment to the constitution It also gives the president something that 43 governors including your own have A line item veto You know to me a line item veto is just a way of applying to the federal budget the simple common sense of family uses in the grocery store When you buy apples in a store you don't buy a big bag on Site unseen you look at each apple Right now spending programs are sent to me by the barrel full My choice is to take it or leave the barrel A line item veto would just mean that I could go through the barrel pull out each bad apple And ask the american people if they really want to buy that apple If they do congress can override my veto My guess is that once the special interest spending is pulled out of the barrel The american people will send it right into the trash The pundits in washington say the economic bill of rights doesn't stand a chance They say it's dead on arrival. We can't beat them But I got news for them The special interests don't run our country The american people do Looking at the way washington spends money you would think that you were watching lifestyles of the rich and famous on tv The special interest want to raise the american people's taxes to pay for their high times and holidays Well as long as i'm president those holidays are over And any tax increase that reaches my desk will be headed on a different kind of vacation A one-way cruise to nowhere on the ss veto I've come to the midwest today to ask you to join me in the battle against the special interest I mentioned the trade bill earlier This is one place where the special interests have had a field day as it stands now the trade bill is not just expensive But dangerous it would put into law the most protectionous provisions since the smooth holly act That started or at least deepened the great depression of the 1930s It invites foreign Retaliation and a trade war that would threaten every one of the up to 10 million american jobs Hundreds here in west bend that are tied to trade Not only that but the trade bill includes measures like government imposed restrictions on plant closings That would make american companies less competitive in the world markets As it stands now the trade bill is a declaration of war on american jobs If it gets to my desk without big changes I'm going to do my duty as an elected official who represents one special interest All of the american people I'll have no choice but to veto it It's time for the folks back in washington to fold away the circus stands pack up the grandstands And get down to the business of cutting federal spending I'm ready to work with congress to do that, but i'm going to need your help 200 years ago Our founding fathers gave us a government of by and for the people They believed that the constitution they drafted would be a new order for the ages And they were right The dream of america has been a shining beacon for all mankind ever since then It's the light of freedom in the torch of democracy and it's drawn millions to our shores from all over the world We the american people hold that torch in our hands We and not any monarch or despot of special interests will hand that torch to the next generation We will determine whether the opportunities that we've known will be for our children as well And let's work together to make certain they will Now i've come to the end of my remarks because i'm due as you know in another place to make a Another speech on pretty much the same subject, but i can't leave without Telling you how fortunate you are that i'm going to have to cut it short You know There's a story of ancient rome and the christians there in the In the coliseum and they turned the lions loose on him and the lions came roaring and charging And one man stepped out from the little huddled group and spoke some quiet words and the lions all laid down Well, the crowd was furious. They couldn't understand what had happened and nero sent For this one man and said what did you say to them that made them act like that? He just he says i just told him that after they ate there'd be speeches Thank you all Thanks a lot for taking time out of your busy schedule to visit west ben On behalf of all the citizens of west ben i'm honored to give you a key to our city and you're welcome to use it anytime In addition, I have a proclamation declaring july 27th 1987 as president ronald reagan day here in the city of west ben Well, thank you very much Along with this proclamation go our very best wishes for the remainder of your presidency and also the remainder of your life Good luck. Thank you Are you going to see it too 1987 1987 President ronald reagan day in port washington, wisconsin Welcome our other distinguished guests who have joined us today on this historical occasion It is indeed an honor for port washington in wisconsin of across this country was at a standstill The national economy was in shambles Guess what ladies and gentlemen