Leadership And Learning Are Indispensable To Each

I Ask Particularly That Those Of You Who Are Now In School Will Prepare Yourselves To Bear The Burden Of Leadership Over The Next 40 Years Here In The United States, And Make Sure That The United States - Which I Believe Almost Alone Has Maintained Watch And Ward For Freedom - That The United States Meet Its Responsibility. That Is A Wonderful Challenge For Us As A People.

If A Beach-head Of Cooperation May Push Back The Jungle Of Suspicion, Let Both Sides Join In Creating A New Endeavor, Not A New Balance Of Power, But A New World Of Law, Where The Strong Are Just And The Weak Secure And The Peace Preserved. All This Will Not Be Finished In The First One Hundred Days. Nor Will It Be Finished In The First One Thousand Days, Nor In The Life Of This Administration, Nor Even Perhaps In Our Lifetime On This Planet. But Let Us Begin.

The Tax On Capital Gains Directly Affects Investment Decisions, The Mobility And Flow Of Risk Capital From Static To More Dynamic Situations, The Ease Or Difficulty Experienced By New Ventures In Obtaining Capital, And Thereby The Strength And Potential For Growth Of The Economy.

A Revolution Is Coming – A Revolution Which Will Be Peaceful If We Are Wise Enough; Compassionate If We Care Enough; Successful If We Are Fortunate Enough – But A Revolution Which Is Coming Whether We Will It Or Not. We Can Affect Its Character; We Cannot Alter Its Inevitability.

Student Loans Have Been Helpful To Many. But They Offer Neither Incentive Nor Assistance To Those Students Who, By Reason Of Family Or Other Obligations, Are Unable Or Unwilling To Go Deeper Into Debt. ... It Is, Moreover, Only Prudent Economic And Social Policy For The Public To Share Part Of The Costs Of The Long Period Of Higher Education For Those Whose Development Is Essential To Our National Economic And Social Well-being. All Of Us Share In The Benefits - All Should Share In The Costs.