Ronald Reagan actually said...

"Federal spending must be brought under control."

"We hope that improved U.S.-Soviet relations will help move things in that direction."

"We're beginning to beat our major competitors, both in third markets as well as in exporting to them directly."

"U.S. businesses are in the process of recapturing old markets—we shouldn't shoot ourselves in the foot after we've worked so hard and are in a position to win the race."