05/07/1987
https://www.presidency.ucsb.edu...
"It is pessimism based on past experience that over the years we've had seven to eight recessions since World War II."
"I think that our very tax program, for one thing, is of great benefit to independent business."
"Where would we draw the line if we say, 'Well, it's all right there'?"
"I've said that we'd preserve a safety net."