I realize that violence is not more prevalent today than in previous periods of human history, but there is a difference. We have seen visionary stan… - Jimmy Carter

Also, we need tax reduction and tax reform. They go together. They add up to $25 billion in net cuts in the income taxes Americans have to pay, and they are also designed to create an additional 1 million new jobs. Seventeen billion dollars of this tax cut will be for working families in our country, personal income tax reductions, and the rest in corporate tax reductions. Corporations will also receive higher tax credits for investing in the sort of new plants, new equipment that will make New England and the rest of the Nation competitive with aggressive foreign exports. But we can't have these cuts in taxes unless we help pay for them by eliminating some of our unnecessary and unwarranted income tax subsidies. Two of these are the deferral subsidy and the DISC subsidies. Both have a particularly bad effect in New England, where competition from abroad has had such a terrible effect on businessmen and on workers alike. The deferral subsidy sets a situation in effect where multilateral corporations pay lower taxes on foreign profits than they pay on their U.S. profits. This amounts to subsidizing corporations to export jobs overseas. The so-called DISC subsidies are just as bad. They let U.S. corporations set up dummy corporations to handle foreign exports, so as to keep from paying U.S. taxes on half their profits. Both these giveaways go overwhelmingly to a few of the largest multinational corporations, and both mean that the average taxpayer has to pay the bill, more taxes, just to take up the slack caused by these subsidies. And both cost America, and particularly New England, jobs. Both loopholes should be closed. As for the famous three-martini lunch, I don't care how many martinis anyone has with lunch, but I am concerned about who picks up the check. I don't think a relatively small minority has some sort of divine right to have expensive meals, free theater tickets, country club dues, sporting events tickets paid for by heavier taxes on everybody else. If the Congress will help me by getting rid of these tax loopholes and by enacting the entire economic program, we can have a good start on correcting unemployment and inflation. The economy won't turn around overnight, of course, any more than an ocean liner can turn around on a dime. The job will require slow, careful planning, not dramatic master strokes. It will require small corrections, of course, that we adhere to very patiently. It will require careful planning, careful adjustment, careful tuning and cooperation. The machinery of the American economy is sound. We have a lot to be thankful for. It's worked well despite severe shocks, but it can work better, and that's our major goal in this country this year.

On the domestic scene, there are just two or three other items. I'd like to mention to you. One, of course, is the passage of the equal rights amendment. I and my wife and my daughter-in-law and others have tried as best we could to join with you in the furtherance of this noble and very necessary change in the United States Constitution. You might be interested in knowing that the first time I met Ambassador Dobrynin from the Soviet Union he brought up the subject of human rights. And I said, "Well, my position is strong. It's not going to change." He said, "Well, let me point out that the United States is not without fault itself." I said, "I know that, but what do you mean?" He said, "Well, you still haven't ratified the equal rights amendment." And I said, "I tell you what. I'll try to help you with human rights in the Soviet Union; you help me get the equal rights amendment passed in the United States." But to be serious about it, our failure to pass the equal rights amendment hurts us as we try to set a standard of commitment to human rights throughout the world. I hope we can correct that defect by next year at the latest. Just a couple of other points. Watch very carefully and participate deeply in the evolution of a new energy policy. This could have broad and far-reaching impact on everyone who looks to you for leadership.

Do you think we are making some progress now? Do you think we have a long way to go? Do you think we are going to get there? Right on. I'm very proud to be here tonight in what I think is an historic occasion that will perhaps go down in the history of our country as a turning point in the minds and hearts of the American people in their long overdue concern about a large group of Americans, about 36 million, who in the past have too often been ignored. This is the first White House Conference on the Handicapped. I know that this is a tremendous assembly of leaders who have fought a long and sometimes discouraging battle to arrive here in Washington tonight. But this is not the first meeting. There have been dozens and dozens of meetings, attended by thousands of people in the 50 States of our country, and you have already brought to the consciousness of local and State officials an awareness of potential change 'for the better and many improvements that have already been made. Labor, industry can work together with government to make sure that, jointly, our efforts are successful. There is hardly a national leader on Earth in all the 150 nations that span the globe, who are not now thinking about two words: human rights. And now we in our own country are applying those two words to the handicapped people of our country. It's long overdue.