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Inflation and Joblessness May 8, 2008

Posted by reaganquotes in Economy, Reagan.
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I have lived through one Depression. I carry with me the memory of a Christmas Eve when my brother and I and our parents exchanged our modest gifts—there was no lighted tree as there has been on Christmases past. I remember watching my father open what he thought was a greeting from his employer. We all watched and yes, we were hoping it was a bonus check. It was notice that he no longer had a job…. I’ll carry with me always the memory of my father sitting there holding that envelope, unable to look at us. I cannot and will not stand by while inflation and joblessness destroy the dignity of our people.

Official Announcement, Intent to Run for President
New York Hilton, New York, NY, November 13, 1979

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