Pete du Pont for
President 1988 Campaign Brochure
Its time to
think about tomorrow...
The future
demands ideas that break the mold. - Pete du Pont
Pete du Pont on
Education:
Americans simply
cannot be prepared for the 1990s with an educational system designed
a century ago. Education is one of the last government monopolies
Government tells us where we go to school, what subjects we take,
what we read, and what we learn. The way you break monopolies is
with competition Giving parents a greater say in where their kids go
to school will force schools to improve, I would begin by providing
current education assistance to the needy in the form of vouchers.
If America is to
be competitive, education and training must continue throughout our
lives. We need to help those who must prepare for second and third
careers -- for new work in new industries.
We need a
national schooling and training bank. It would have simple rules.
Everybody in our country would have the opportunity to receive
schooling, training, or retraining. Eighteen-year-olds could go to
any college or to any vocational school where they are accepted. So
could forty-year-olds. You could borrow as much money as you need,
and the government would guarantee the loan. But you'd have to
borrow it at market rates and pay it back yourself. The opportunity
is there, but it's your responsibility because it's your future.
Pete du Pont on
Jobs and Welfare:
In the past ten
years, our welfare system has given people over $300 billion without
requiring them to work. Yet today, more of our citizens live in
poverty than 10 years ago. We should have learned by now that
government spending doesn't cure poverty Only opportunity can do
that. Instead of a handout, we need to provide poor people with a
job and everything that comes with it -- a paycheck, a boss,
responsibility for mistakes, rewards for initiative, and a chance to
move up to a better job
Our first effort
should be to help able-bodied people find private jobs. If a person
still can't find work after exhausting the counseling and retraining
programs, he or she would have to go work for the government at 90%
of minimum wage with day-care being part of the package.
Our policy in
this country must be: "If you don't work -- you don't get paid."
Pete du Pont on
Opportunity for Farmers:
During the past
five years, spending on price support programs has increased more
rapidly than any other budget item -- even defense -- from $4
billion in 1981, to more than $25 billion this year. And the farmers
aren't any better off -- in fact, they're worse off.
No wonder. Our
own government policies and foreign subsidies have made it
impossible for our farmers to prosper. Our programs are
contradictory; we pay farmers to grow more, to grow nothing, to
store their crops rather than sell them. Government support programs
are a trap for the farmer and a fleecing of the taxpayer.
I believe the
government should be out of the agricultural marketplace in five
years. We should stop playing politics with price-fixing schemes,
and start making payments directly to farmers during this transition
period. Our farmers are the most productive in the world, and it's
high time we gave the American farmers the chance to be their own
masters once again.
Pete du Pont on
Taxes:
Government
doesn't need more money until it does better with the money it
already has. Teaching government that lesson was the challenge of
the Reagan administration. Applying it is the challenge for the next
one.
On November
7,1986, I became the first 1988 Presidential candidate to take
Americans for Tax Reform's "Taxpayer Protection Pledge." By signing
the pledge, I promised to oppose any increase in taxes. I challenge
all Presidential candidates to take the same pledge.
Pete du Pont on
Drugs in America's Classrooms:
The one place
kids should be safe from drugs is in the classroom.
The only way
we'll ever guarantee drug-free classrooms is comprehensive drug
testing of teenagers in our schools. If we can require vaccinations
before kids go to school, we can require drug testing while they're
in school.
Of course, we
must provide counseling and help for young people who need it. But
we have to let them know there are penalties -- and consequences --
for drug use. We have to say, "If you use drugs you won't
drive...because you won't have a driver's license."
For a long time
we've gone after drug pushers. Now it's time to get tough with drug
users too.
Pete du Pont on
Social Security:
We need a
Financial Security Program to run parallel to the Social Security
System. It would maintain the Social Security program in exactly its
present form and make it solvent. American working men and women
would be given the option of using a variation on the individual
retirement account concept to provide some of the coverage they now
get from Social Security.
These new
accounts would be called FSAs, or Financial Security Accounts.
This program
protects the Social Security benefits of today's recipients,
tomorrow's recipients and any taxpayer who has a call on the Social
Security system for generations to come. It avoids the tax increases
on the children of the baby boom which this generation of leadership
cannot conscionably impose on the school children of today. This
idea increases benefits, it increases Americans' control over their
savings, it geometrically increases the size of Americans' personal
savings, and it stimulates growth.
Pete du Pont on
Expanding Freedom:
Our foreign
policy shouldn't be only a negative one of containing communism, but
a positive one of expanding freedom. And we should be open about it.
Freedom ought to
be given every opportunity, and it doesn't matter if it's in
Nicaragua, Afghanistan, Angola, Chile, or South Africa. We ought to
be consistent and we ought to be forceful.
Pete du Pont on
Deterring Nuclear War:
The next
generation of nuclear arms control must be based on limiting the
threat these weapons pose. President Reagan's Strategic Defense
Initiative (SDI) opens the way to a new era in which we entrust our
security to the ingenuity of the American people rather than the
integrity of the Soviet government. We must never bargain away the
right to develop such a high-technology defensive shield.
Pete du Pont on
Voluntary School Prayer:
I believe that
young men and women ought to be allowed to participate in voluntary
prayer in school. Our nation was founded on a belief in God and the
free exercise of religious preference. Voluntary prayer in school
will restore our young people's right to pray in school if they so
desire.
Pete du Pont on
Government Spending:
Congress must
pass a constitutional spending restraint to bring budget deficits
under control, An amendment requiring a balanced budget simply will
not do -- it would be dangerously inflexible and could lead to
balancing the budget with very high levels of revenues and
expenditures. Congress must focus on runaway spending by enacting
first a statute, then a constitutional amendment to limit the growth
of federal spending.
Who is Pete du
Pont?
Pete du Pont
became the first to declare his candidacy for the 1988 Republican
presidential nomination on September 16,1986, in Wilmington,
Delaware, He has been a state legislator, a three-term congressman,
and a two term governor.
When Pete du
Pont became governor in 1977, Delaware had the worst economic
performance of any state in the nation. In the five years before he
entered office, taxes had been raised 22 separate times, but the
budget was in deficit four of those five years. Delaware had the
highest personal income tax rate and the lowest bond rating of any
state in the nation, and as a result, businesses were leaving and
unemployment was consistently above the national average.
Pete du Pont
changed Delaware's economy with a strong dose of fiscal conservatism
that set the state on solid economic footing. He eliminated all
short-term borrowing and reduced state spending. He balanced the
budget every year he was in office -- eight years in a row. He
signed into law two income tax reduction measures -- the first tax
reduction, in Delaware's history -- and constitutional amendments
that restrained future tax increases and limited spending.
As a result of
these major changes, Delaware families experienced a 30 percent cut
in income taxes and a 20 percent increase in job opportunities. One
job in every five that exists today in Delaware was created during
Pete's eight years in office.
Pete du Pont was
founder and chairman of GOPAC and The National Leadership Council,
organizations which assist all Republican candidates. He has been
chairman of the Hudson Institute, one of the nation's premier think
tanks, which focuses on meeting the challenge of leadership in the
future.
Pete du Pont was
born in Wilmington, Delaware, on January 22, 1935. He is a graduate
of Princeton University and of Harvard University. He served as a
lieutenant in the U.S. Navy from 1957 until 1960. He is a partner in
the Wilmington law firm of Richards, Layton and Finger.
Pete du Pont is
married to the former Elise R. Wood. They have a daughter and three
sons, Mrs. du Pont, an attorney, has served in the Bureau for
Private Enterprise of AID in Washington, D.C. Mrs. du Pont was
appointed to that post by President Reagan.