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 Home > News & Policies > October 2006

For Immediate Release
Office of the Press Secretary
October 24, 2006

President Bush Discusses the Economy, Small Business in Florida
Gyrocam, Inc.
Sarasota, Florida

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     Fact sheet In Focus: Jobs & Economy

2:40 P.M. EDT

THE PRESIDENT: I wanted to stop by here at Gyrocam for a couple of reasons: One, low taxes encourage small business growth. One of the reasons why we're adding jobs in this country of ours is because our small business sector is flourishing. And in order to make sure that companies such as this little company continue to expand you got to keep taxes low. If we run up taxes it's going to make it harder for the small businesses to expand.

President George W. Bush speaks to employees at Gyrocam Systems in Sarasota, Fla., during an unannounced visit Tuesday, Oct. 24, 2006. Gyrocam Systems is known as an industry leader in airborne surveillance used for both law enforcement and homeland security.  White House photo by Eric Draper There's a big -- there's a significant issue in this campaign; make no mistake about it, if the Democrats take control of the Congress they'll raise taxes by letting the tax cuts expire. And we intend to keep taxes low.

The other thing that's interesting about this little company is one of the products they make is an IED detector. And I've been saying to the American people that our goal in Iraq has not changed, which is a country that can sustain itself, defend itself, govern itself. Our tactics are adjusting. And one of the adjustments we had to make in order to protect lives and achieve our mission was to better detect IEDs. And this little company right here makes an IED detector that enables our troops to be able to ferret out an IED before they come across it.

And one of the interesting things I was able to do was talk to a couple of Iraq vets who now work for this company. They're bringing their expertise off the battlefield to help this company design a product which will work. Interestingly enough, they then send people back to maintain the detectors.

At any rate, I want to thank you all for giving me a chance to come by. I'm proud to be with you. The entrepreneurial spirit must remain strong in this country. It is strong inside this company, and we intend to keep it strong by keeping taxes low, less regulation, hopefully less lawsuits, and our economy will remain strong. If we run up taxes it will falter.

Thank you. Appreciate it.

END 2:43 P.M. EDT


President George W. Bush shakes hands with employees at Gyrocam Systems in Sarasota, Fla., Tuesday, Oct. 24, 2006, during a visit that highlighted technology to help soldiers fight the war on terrorism. White House photo by Eric Draper