Ronald Reagan actually said...

We do think that there was a readjustment that was needed, that our dollar, in relation to other currencies, was overpriced.

Interview With Foreign Journalists Prior to the Venice Economic Summit

05/25/1987

More Ronald Reagan Quotes

These achievements are substantial and are a necessary first phase in making government work better.

We have proved them wrong.

It is possible to reduce Federal spending without sacrificing vital human services.

I herewith report one new deferral of budget authority for 1985 totaling $16,004,810.