Ronald Reagan: “The tragedy in the Falkland Islands has been a serious concern to us all.”

I expressed to President Gorbachev my confidence that the work we began together at Geneva in 1985 will continue under the Bush administration.

We understood the key to prosperity was low-inflationary growth, and we achieved it.

Tyranny fails. Freedom works.

I am delighted that later today I'll have the opportunity to welcome President Gorbachev to the United States and extend to him the hospitality and good wishes of the American people.