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CNN LIVE EVENT/SPECIAL

Bush Speaks to California Audience

Aired October 15, 2003 - 14:33   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

MILES O'BRIEN, CNN ANCHOR: President of the United States is in Dinuba, California. He's talking about the economy. Let's listen.
(JOINED IN PROGRESS)

GEORGE W. BUSH, PRESIDENT OF THE UNITED STATES: ... the universal call of all religions to love a neighbor just like you'd like to be loved yourself.

He helps each month to organize and pick up food donations. He knows when somebody's hungry and hurts, there needs to be love to help that person. Denny (ph) sets a great example.

The Ruiz company sets a good example by encouraging people like Denny (ph) to volunteer.

My call to our fellow Americans is love a neighbor. When you find somebody who hurts, put your arm around them. Mentor a child. Go see shut-ins. Tell somebody you love them on a daily basis. America can and will change, one heart, one soul, one conscience at a time, thanks to the soldiers in the armies of compassion.

And, Denny (ph), thank you for being here.

(APPLAUSE)

Tomorrow, I get to meet the governor-elect. I'm looking forward to it.

(APPLAUSE)

I'm going to share with him my optimism about the future of this country. I can't wait to talk to him about why I believe that America is on the right path, is on the path to making sure this nation is secure and the world is more free and peaceful, is on the right path to make sure our fellow citizens can find a job.

I'm optimistic, and I have reason to be optimistic. Our country has overcome a lot during the last couple of years. I want to remind you right quick what we have overcome, particularly as it relates to our economy.

First of all, the stock market started to decline in March of 2000. And then, just as we were going into office, the country went into a recession. That means there was negative growth. It means people were being laid off. Things weren't good in our economy. And then just as things began to get better, the enemy hit us, on September the 11th, 2001, and that hurt us. It hurt the economy. It hurt the psyche of the American people.

But we're a tough people. We're a determined people. And we began to get...

(APPLAUSE)

... we began to get right.

And all of a sudden, we found out that some of the leaders in corporate America forgot what it means to be a responsible citizen. They didn't tell the truth. And that hurt us. It shook the confidence. And then we had the march to war, both in Afghanistan and Iraq.

All of these provided great challenges to our economy.

But we acted in Washington, D.C., passed tough laws, tough new laws, that says to the corporate criminal, "You'll be brought to justice for not telling the truth to your employee or your shareholders."

BUSH: We also passed taxes. See, I believe that if somebody has more money in their pocket, that person is going to demand an additional good or a service, and when that person demands a good or a service in our marketplace, somebody will produce a good or a service. And when somebody produces that good or a service, somebody is more likely to find work.

The best way to get out a recession and to encourage job creation is to let the people keep more of their own money.

MILES O'BRIEN, CNN ANCHOR: President of the United States in California.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com




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