The Congress and your President has done a great deal already. The programs that are in place now to improve the economic conditions of our people who need it most are beginning to bear fruit. We are now completing a thousand public works contracts every week, and because of the good work of the Black Caucus members, of course joined by other Members of the Congress, the law requires that 10 percent of all those contracts for the first time in the country have to be given to minority businesses, and that's the way it ought to be. And the rate of new jobs that are going into our urban centers now are at 35,000 per week, which exceeds even what was done during the depths of the Depression with the New Deal, the WPA, the CCC-35,000 a week. It's still not enough, but it's a great step forward, and we're now channeling those jobs deliberately and with a great commitment as they have not been channeled in the past to the young people of our country and, particularly, to young people who happen to be black. And that's the way it ought to be, and it's going to be more in the future. We've had a billion dollars put in the youth employment programs. I asked for a billion and a half. We are now going back to the Congress for the other half billion dollars. We are evolving an urban policy. Within the next week or 10 days, there will be a final decision made on the form of the Humphrey-Hawkins bill, so that for the first time in the history of our country we'll have, as a national policy, full employment. When we presented our welfare reform package to the Congress, which will be passed next year, an integral part of it, which can be phased in early, would be an additional 1.4 million jobs, and, of course, these jobs will be channeled to families that have in the past been supported by welfare.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "The Congress and your President has done a great deal already. The programs that are in place now to improve the economic conditions of our people who need it most are beginning to bear fruit. We are now completing a thousand public works contracts every week, and because of the good work of the Black Caucus members, of course joined by other Members of the Congress, the law requires that 10 percent of all those contracts for the first time in the country have to be given to minority businesses, and that's the way it ought to be. And the rate of new jobs that are going into our urban centers now are at 35,000 per week, which exceeds even what was done during the depths of the Depression with the New Deal, the WPA, the CCC-35,000 a week. It's still not enough, but it's a great step forward, and we're now channeling those jobs deliberately and with a great commitment as they have not been channeled in the past to the young people of our country and, particularly, to young people who happen to be black. And that's the way it ought to be, and it's going to be more in the future. We've had a billion dollars put in the youth employment programs. I asked for a billion and a half. We are now going back to the Congress for the other half billion dollars. We are evolving an urban policy. Within the next week or 10 days, there will be a final decision made on the form of the Humphrey-Hawkins bill, so that for the first time in the history of our country we'll have, as a national policy, full employment. When we presented our welfare reform package to the Congress, which will be passed next year, an integral part of it, which can be phased in early, would be an additional 1.4 million jobs, and, of course, these jobs will be channeled to families that have in the past been supported by welfare." in the context of "" to mean that wisdom is timeless.