Good evening. Tonight I want to have an unpleasant talk with you about a problem that is unprecedented in our history. With the exception of preventi… - Jimmy Carter

I think he’s a disaster … In human rights and taking care of people and treating people equal. … I think there’s been an attitude of ignorance toward the truth by President Trump.

The revelations about October's balance-of-trade deficit were quite disturbing. We analyzed this and found that the same monthly rate of deficit that had existed ever since last May or June, about $2.4 billion per month, is exactly the average of September and October. So, we apparently have a fairly stable pattern per month of a $2.4 billion deficit, primarily caused by two factors: One is our extraordinary importation of foreign oil. We import $3.7 billion worth of oil every month. This means that we have, if we didn't import the oil, about a $15 billion trade surplus per year. And we have got to cut down on the excessive importing of oil from overseas before we can hope to get our trade balanced. The other reason for an adverse balance is that our own economy has improved in the last few years--few months, much more than has the rest of the world. Because of our improvement in the economy, we are much more able to buy and much more willing to buy goods from overseas than those nations are able to buy from us because their economies have not been restored as much as ours. We have one major element that can be introduced to cut down on our trade deficits-and that's obvious--and that is to reduce oil imports.

I believe that you would agree that when John Kennedy was President and when Lyndon Johnson was President, that the community action agencies had a life of their own and helped to make decisions about government programs. In the last 8 years--and I won't call the names of the Presidents who were in the White House--[laughter]--those community action agencies were put into a very secondary position and lost the influence and the decisionmaking authority that they formerly had under the leadership of people like Joe Califano in HEW, who helped to put into effect many of the Johnson programs 10 years ago. And under the leadership of Pat Harris and Juanita Kreps and Grace Olivarez and others, we're trying to bring back the life of those community action groups. I think that it's impossible, no matter how intelligent or how dedicated a Washington official might be--it's impossible for them to know what the needs are in your community as well as you know them. That's the reason that I brought Grace Olivarez with me today, because that's her responsibility, working with the people that I've just named, to make sure that in the future we have a reviving of the community group influence and authority, whether it's a Hungarian American community or a Spanish-speaking community or a predominantly black community in Youngstown where a steel mill has shut down or a community of older people in Florida who have moved down there on a very low income; that doesn't matter. I want that particular community to let me know, through the Government agencies, how we can best address your problems. I want to thank you for that good question. I think Grace would agree that we're making a move in the right direction. And I think meeting with you today will help to expedite what we want to do. I think that everybody in the audience would agree that we've had a superb panel. They've asked very good questions, brought forward very good ideas for us. And I and all my staff members who are here, the different Federal agencies represented-and almost all of them are represented-the national news media that will repeat what you have said to the world at large tonight will benefit greatly from the sound, good judgment that you have provided and the personal experience that make your words carry even more authority than the words of a President. You know what you're talking about. I'm trying to learn what you're talking about.