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" "The achievement of all our goals depends on the first one that I mentioned-a strong and a growing economy. At the beginning of this administration, less than 4 months ago, our economy was still floundering from the worst recession in 40 years. The well-being of our people was squeezed between the twin pressures of high unemployment and inflation. That picture has already improved because we have restored the confidence of consumers and business. Last month, the number of Americans with jobs in the private sector of our economy went over 90 million for the first time in our country's history. Eight hundred thousand people have gone off the unemployment rolls since December. Half a million found jobs in April alone. Private surveys have shown that business investment plans for 1977 are up significantly, more than 15 percent, compared to 1976. Unemployment now stands at the lowest level in 29 months--down a full 1 percent since last November. But of course, you know and I know that a 7-percent unemployment rate is still completely unacceptable. We still have a long way to go.
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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My own ultimate goal is to eliminate the use or threat of nuclear weapons altogether. And I personally have been pleased in the last few months, at least since the summer, at the constructive attitude of the Soviet Union. We have to be very careful on technicalities and on major strategic elements of the negotiations to protect our own interests. We've got to be sure that we do have an equal or dominant position on all aspects of strategic deterrent. And I believe that we have that posture now, and I want to be sure to maintain it. We've tried to open up a new relationship with Africa. We've been successful, I think, so far. We've got a very good relationship with Latin America. I think that could possibly be wiped out overnight if the Senate fails to ratify the Panama Canal treaties, but I hope and believe that the Senate will ratify these treaties. We've got a good relationship, perhaps better than at any time in recent history, with Canada; strong, constant negotiations on a variety of items with Mexico. And we've, I think, restrengthened our position in Europe. We consult almost constantly with European Community nations and also with our NATO allies on military affairs. Harold Brown has just come back from there--well, I think he's on the way back now. The other aspect of our foreign policy, of course, extends to the Western Pacific. We are now in hard negotiations with the Japanese on trade matters, and I hope that we can resolve those differences. Japan has a very high positive trade balance. We have a very high negative trade balance. The obstacles to selling our goods in Japan are quite difficult to overcome. But Prime Minister Fukuda, I think, is negotiating in good faith. Perhaps we can have some success there. I'll be leaving Washington on the 21st, going down to Plains until the day after Christmas, and then I'll come back and leave almost immediately for a trip, beginning in Poland, that would encompass a visit to Brussels, to France, to Iran, Saudi Arabia, and India. And then I'11 come back home after about a 10-day trip. Perhaps you have some questions. I just briefly sketched a few points to arouse your interest.
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One thing that hasn't been mentioned yet is the welfare reform proposal that we've put to the Congress. This program is designed to give our people better jobs and income. That's the name of it--Better Jobs and Income Program. And we have in there a heavy allotment of funds and programs for day care, for child care, that would specifically relate to women who want to work. And we also have included in the program 1.4 million jobs, Mr. Webb, for the heads of families. That is above and beyond anything that I've described here to you so far. We recognize that almost every person who is on welfare that's able to work would rather work if they are given an opportunity. And that will be the thrust of the welfare reform proposal that Congress will be working on and, hopefully, will pass next year. They already have the legislation on their desk. They have already' started hearings on the subject. So, to put people back to work that are able and want to work will be a major new thrust of the welfare proposals that Congress has now.