Ronald Reagan actually said...

It is vital that our laws affecting the creation and development of new technologies properly encourage private sector R&D as well.

Message to the Congress Transmitting Proposed Legislation To Improve Industrial Productivity and Competitiveness

09/11/1983

More Ronald Reagan Quotes

Our North Star was freedom; our constellation was common sense.

America is back, a giant reemergence on the scene.

Not one square inch of territory has been lost to Communist aggression, and the United States is more secure than we were 4 years ago.

And America's best days are yet to come.