Ronald Reagan actually said...

The previous seven recessions have seen the government using what I call a quick fix—artificially stimulating the economy.

Interview With Julius Hunter of KMOX-TV in St. Louis, Missouri

07/21/1982

More Ronald Reagan Quotes

We're proud to have Australians as our very dear friends.

Don't relax now, because, Alan—the Americans are coming back stronger than ever next time around.

I think the people of Australia and the people of the United States all can be very proud of this event.

Your schools provide proof of what the National Commission on Excellence in Education concluded in its report last April: America can do it.