[Weekly Compilation of Presidential Documents Volume 34, Number 11 (Monday, March 16, 1998)]
[Pages 422-424]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Remarks at a Dinner Honoring Senator Ernest Hollings

March 12, 1998

    Thank you very much. First of all, on behalf of Senator and Mrs. 
Hollings, myself, and all the southerners present at this dinner--
[laughter]--I want to thank Esther Coopersmith for serving okra and 
cornbread. I don't know what the rest of you thought about it, but I 
felt good about it. [Laughter]
    Esther, I thank you for your friendship to me and to Fritz and 
Peatsy, and for opening your home and bringing your whole family 
together; especially thank you for Connie, who's done such wonderful 
work for me.
    Don't you love to hear Fritz Hollings talk? You know, one night back 
in 1985--this is a true story--I was a lowly Governor--[laughter]--or as 
my predecessor said, a Governor of a small Southern State. And I was 
sitting at home one night, and I decided I would do something 
responsible, so I flipped on the television, and instead of turning to 
HBO, I turned to C-SPAN. And it was more entertaining than HBO because 
it was a roast of Senator Hollings.
    One of the speakers was Senator Kennedy, who commented on Senator 
Hollings' campaign in 1984, and said that he was the first non-English-
speaking person ever to serve in the Senate and a great inspiration to 
non-English-speaking Americans everywhere. [Laughter] And every time 
some of my friends get all upset about these English-only

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referendums, I thought to myself, you know, if Fritz didn't have to run 
for reelection, they could send him to California; he could beat it all 
by himself. [Laughter]
    Anyway, I'm glad to be here speaking for a man who Strom Thurmond 
believes is too young to serve the people of South Carolina. [Laughter] 
But I think he's about to get the hang of it.
    I also want to say that one of the things--this is serious now--
there are several things I like about Senator Hollings. Number one, he's 
smart. Number two, he works hard, and he's not--he is just as dogged 
today as he was the first day he showed up here, the first time he took 
the oath of office, which I think is important. Number three, he 
believes that when people elect or reelect him, they have given him, for 
a while, their power to do something with.
    You heard him say that. You know, sometimes I feel like a person 
that's really out of his time here. I keep telling people to think about 
the future, but sometimes I feel like an artifact of the past. When I 
come to Washington and I read and hear what people say about politics, 
it looks to me like people are in love with power and positioning for 
it. I thought the whole purpose of democracy was to give people power in 
a limited fashion for a limited time so they could do something with it 
for the benefit of the public at large. That is the way Fritz Hollings 
has lived his entire public life and another reason he should be elected 
in this election year. And I really appreciate it.
    Let me just say one other thing about the past. He's already talked 
about the vote to reduce the deficit in 1993. It was a very hard vote. 
It was an agonizing vote for a southern Democrat. It's one of the reason 
that we lost the Congress in '94, because people had not yet felt the 
benefits of it.
    But we had to do something. The deficit was $290 billion; it was 
projected to be $370 billion this year. It's now projected to be $10 
billion this year. And if the Asian financial difficulties don't hurt us 
too much, we will, in fact, balance the budget this year, may even have 
a small surplus--if not this year, certainly next year. None of that 
would have happened if, in my opinion, if he hadn't been willing to 
stand up and take a strong position, because everybody knew that there 
was not another Member of Congress that had as much at risk as he did. 
And he did it anyway because it was the right thing to do.
    And 15 million jobs later, we have the lowest unemployment rate in 
24 years, the lowest inflation rate in 30 years, the highest 
homeownership in history. I don't think it would have happened if we 
hadn't brought the deficit down beginning in 1992.
    Now, let me make one last point about Senator Hollings. It's true 
that I was 2 years old when he first got elected. [Laughter] But I was 
having to pay the adult ticket price at the movies when he got elected 
Governor in 1958, because I was 12. [Laughter] But he is a very young 
person. Peatsy is a very young person. They make you happy to be around 
them because they're always full of life and always thinking about 
tomorrow.
    What really--sometimes, younger people in our business are at a 
disadvantage because, sometimes, they're thinking a little bit too much 
about today and a little bit too little about tomorrow. And I think all 
of us would admit that as we've grown older in life, as long as we have 
our health and our mind is working well and we are engaged, the older we 
get, as long we're functioning properly, the more likely we are to be 
thinking further into the future, the more likely we are to be concerned 
about grandchildren as well as our children.
    And if you think about the time in which we live and the speed with 
which things are changing--not least in the telecommunications business, 
which, has a lot of representatives here, and I thank them all for being 
here--this is a time when we need someone who is not only smart and 
active but someone who is literally capable of thinking about the long-
run interests of the country. Fritz Hollings wanted to save Social 
Security when most people didn't know it was in danger. Now it's become 
part of the mantra of official Washington. I'd like to say I thought of 
it first, but I didn't. He was preaching to me about it for 3 years 
before I ever made the first speech about it.
    And I think that this is a time when--if you think about the kinds 
of questions we have to face here, the speed with which things are 
changing, the complexity of the

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problem, and the way we are likely to totally reshape the way we work 
and live and relate to each other and the rest of the world in the next 
decade, it is probably more important that he be elected this time than 
in any of the previous elections in which he has run.
    I hope the people of South Carolina, like people of my native State 
and the whole South who have been leaving the Democrats in droves, will 
see a better economy, a lower crime rate, the lowest welfare roles in 27 
years, the lowest crime rate in 24 years, a people coming together 
instead of being driven apart, and think, you know, maybe old Fritz was 
right all along.
    He was, and he's right for the future, too. And I thank you for 
being here for him.
    God bless you.

Note: The President spoke at 9:05 p.m. at a private residence. In his 
remarks, he referred to Rita L. (Peatsy) Hollings, wife of Senator 
Hollings; and Esther Coopersmith, dinner host, and her daughter, Connie.