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" "I've obviously been concerned recently about the Bert Lance case, and I've not let it interfere with my own functions. I don't think Bert has let it interfere with his functions as the Director of the Office of Management and Budget. This is an agency with which I'm most intimately involved, personally, on a multiple basis every day. And because of my own engineering background and my habits acquired while I was Governor, I set very specific and rigid time schedules for the accomplishment of each component part of a major undertaking. And I can assure you that there has been absolutely zero slippage in the Office of Management and Budget because of this series of allegations that are now being answered by Bert Lance to the Senate--I hope, successfully. We've initiated this year--and this is the last point I'll make--a brand new budgeting system that I used in Georgia, called zero-based 'budgeting. It's a massive undertaking for a bureaucracy of our size to completely change its mechanism by which next year's budget will be prepared. But the fiscal year '79 budget will be prepared in its entirety using the zero-based budgeting technique, where you don't make any assumptions that present programs or expenditures are sacred. You don't just deal with the new additions next year for the budget considerations, but you start from zero and analyze the entire appropriation of funds. The reorganization effort is on schedule, and I think by the end of the 3-year period that's been given me by the Congress, we will complete it to the satisfaction of the people of our country. I'll be glad now to answer any questions that you might have.
James Earl Carter, Jr. (October 1, 1924 – December 29, 2024) was an American politician and member of the Democratic Party who served as the 39th president of the United States from 1977 to 1981. In 1982 he established the Carter Center, as a base for promoting human rights, democracy, finding peaceful solutions to international conflicts, and advancing economic and social development, for which he was awarded the Nobel Peace Prize in 2002. He was a key figure in the Habitat for Humanity project, and has been noted for his criticism of Israel's role in the Israeli–Palestinian conflict.
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I'd like to outline very briefly for you, in the time I have available, some of the achievements already. But I want to emphasize again, I'm not bragging about it because we recognize, as does Vernon Jordan, my friend, that we have a long way to go. We've set as a goal for this year the reduction of the unemployment rate from 8.1 percent, which it was last December, to 7 percent by the end of this year. We've already reached that goal, and we expect it to go on down, perhaps as low as 6.5 percent before the end of the year, with a trend downward that will be maintained. We have also created just a few of the jobs that I have described to you. Of the $4 billion public works bill--the benefits that have not mirrored in the reduction in unemployment that we've already seen; that's still to come because it takes a long time to get these programs going once the Congress approves the measure--of the $4 billion, we last week signed the first contracts for less than one percent of the money that's available. But beginning with this week, we will be approving 1,000 public works contracts per week, and we'll have all $4 billion allocated by September 30 and, for the first time, for the first time, 10 percent of every contract must go to a minority subcontractor or supplier. This can mean $400 million in additional, new income for minority business men and women.
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And the last two points I want to make are these. My background since I got out of the Navy has been as a farmer. I'm very proud that you have given me some good, well-trained Florida leaders to come and help me. Reubin Askew is one of the best public servants I've ever known, and he's our Special Trade Representative. Since he's been there, we've made remarkable progress. This year we'll have $40 billion worth of American agricultural products sold overseas. That's an $8 billion increase over last year, and 1979 set world records. 1978 set world records. 1977 set world records. Another man you've given me is Jim Williams. We will have these first 3 years, with the help of him and others, the highest gross income and the highest net income for farmers in our Nation's history. We've made good progress in getting Government's nose out of the private affairs of American citizens. We've deregulated the airlines, the railroads, the financial institutions, trucking, working on communications. And those of you who live in the Orlando area know that airline deregulation has been good for you. Before it took place, there were 4 flights coming in here; now 15. That increase has been very good for the entire country. It's put the competition back in the free enterprise system, let our Government work like it ought to.