Political Quotes

Ronald Reagan: The end result of this absurdity is industrial stagnation: no new factories, no new development, and no new jobs.

On the recordSeptember 12, 1986
The end result of this absurdity is industrial stagnation: no new factories, no new development, and no new jobs.
Said by
Ronald Reagan
Republican · California

Editor's note · Context

Radio Address to the Nation on Free and Fair Trade

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More from Ronald Reagan

Dec 12, 1988

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

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Dec 12, 1988

The strength of our nation has never been with the Washington colony but with the American people.

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