Ronald Reagan: “The Administration supports Senate passage of S. 2405”

I think he recognizes that their massive buildup has been responsible for the great economic crisis that he faces there in the Soviet Union.

These unilateral reductions would, however, give a long-awaited encouragement for our efforts to achieve the genuine balance in conventional forces that would assure greater security and stability in Europe.

We understood the key to prosperity was low-inflationary growth, and we achieved it.

I do hereby proclaim December 17, 1988, as Wright Brothers Day.