On the recordOctober 25, 1982
I know that you've heard the news already, that the rate of increase in inflation for September is in, and I no longer can say that inflation for 1982 so far is 5.1 [percent]. It is only 4.8.
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presidency.ucsb.eduI know that you've heard the news already, that the rate of increase in inflation for September is in, and I no longer can say that inflation for 1982 so far is 5.1 [percent]. It is only 4.8.
Question-and-Answer Session With Reporters on the Economy
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More from Ronald Reagan
The strength of our nation has never been with the Washington colony but with the American people.
We understood the key to prosperity was low-inflationary growth, and we achieved it.
We must and will dedicate ourselves as a Nation to continue this effort, and to stand in solidarity with those who resist, until the blessings of democracy, freedom, and respect for human dignity are assured throughout the world.
We've only heard the same as you've heard: that he has been suggesting doing something of this kind.