#Stop soundplant say trial full
#Stop soundplant say trial free

A million unsold automobiles are in inventory. Profits have fallen below predicted levels. Since last spring our economic growth rate has actually receded. The most resourceful industrialized country on earth ranks among the last in the rate of economic growth.

In short, the American economy is in trouble. Maximum use of our national industrial capacity was never restored. Unemployment never returned to normal levels.

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Our Gross National Product never regained its full potential. Our recovery from the 1958 recession, moreover, was anemic and incomplete. The rest include new school graduates unable to use their talents, farmers forced to give up their part-time jobs which helped balance their family budgets, skilled and unskilled workers laid off in such important industries as metals, machinery, automobiles and apparel. Nearly one-eighth of those who are without jobs live almost without hope in nearly one hundred especially depressed and troubled areas. And during each month some 150,000 workers are exhausting their already meager jobless benefit rights. Of some five and one-half million Americans who are without jobs, more than one million have been searching for work for more than four months. Save for a brief period in 1958, insured unemployment is at the highest peak in our history. Since 1951 farm income has been squeezed down by 25 percent. We take office in the wake of seven months of recession, three and one-half years of slack, seven years of diminished economic growth, and nine years of falling farm income.Д«usiness bankruptcies have reached their highest level since the Great Depression.

The present state of our economy is disturbing.

#Stop soundplant say trial free

And, while the occasion does not call for another recital of our blessings and assets, we do have no greater asset than the willingness of a free and determined people, through its elected officials, to face all problems frankly and meet all dangers free from panic or fear. The prudent heir takes careful inventory of his legacies, and gives a faithful accounting to those whom he owes an obligation of trust. To state the facts frankly is not to despair the future nor indict the past. All of us together?this Administration, this Congress, this nation?must forge those answers.Д«ut today, were I to offer?after little more than a week in office?detailed legislation to remedy every national ill, the Congress would rightly wonder whether the desire for speed had replaced the duty of responsibility. Before my term has ended, we shall have to test anew whether a nation organized and governed such as ours can endure. I speak today in an hour of national peril and national opportunity. I shall neither shift the burden of executive decisions to the Congress, nor avoid responsibility for the outcome of those decisions. For my part, I shall withhold from neither the Congress nor the people any fact or report, past, present, or future, which is necessary for an informed judgment of our conduct and hazards. Our Constitution wisely assigns both joint and separate roles to each branch of the government and a President and a Congress who hold each other in mutual respect will neither permit nor attempt any trespass. I am confident that that friendship will continue. To be back among so many friends is a happy one. To speak from this same historic rostrum is a sobering experience. It was here, for 14 years, that I gained both knowledge and inspiration from members of both parties in both Houses?from your wise and generous leaders?and from the pronouncements which I can vividly recall, sitting where you now sit?including the programs of two great Presidents, the undimmed eloquence of Churchill, the soaring idealism of Nehru, the steadfast words of General de Gaulle. It was here, more than 14 years ago, that I first took the oath of Federal office. You are among my oldest friends in Washington?and this House is my oldest home. It is a pleasure to return from whence I came.