Ronald Reagan actually said...

The unemployment figures? Well, I think it's tragic.

This is a result of, particularly, two industries that have been hard hit—in large part due to the high interest rates—the automobile indust...

I think that as we get down toward the spring and going into the summer, we're going to see the economy begin to come back.

I think it's the only way to get us back to where we can provide the jobs for the people.