Ronald Reagan: “I notified Congress of my decision not to impose either quotas or tariffs on foreign shoe imports into this country.”

Well, that wasn't a proposal. That was a decision that has been made.

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

We must remain strong and free of illusion.

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