Ronald Reagan actually said...

Part of the problem can be traced to the recession that began in America's basic industries more than two years ago.

Memorandum on Subsidy Practices Relating to Specialty Steel Imports

11/15/1982

More Ronald Reagan Quotes

Our basic industries are gaining new strength, and we're leading the world in a dazzling technological revolution.

The Republican message is simple: Our country's best days are still to come.

The American miracle is a product of freeing the energies of our people, not harnessing them to some central plan or bureaucratic program.

Working together and standing together, we will and we can keep America the shining light of liberty and opportunity that God intended it to...