Ronald Reagan: “it isn't a step backward at all. It's a step forward toward ending…”

On the recordAugust 19, 1981

it isn't a step backward at all. It's a step forward toward ending this round that we've had of the excessive interest, of the excessive inflation.

Said by

Republican · California

Source

Remarks and a Question-and-Answer Session With Orange County Republicans at a Target '82 Fundraising Reception in Costa...

More from Ronald Reagan

Dec 12, 1988

The strength of our nation has never been with the Washington colony but with the American people.

Dec 6, 1988

We've only heard the same as you've heard: that he has been suggesting doing something of this kind.

Dec 4, 1988

I do hereby proclaim December 17, 1988, as Wright Brothers Day.

Dec 12, 1988

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

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Ronald Reagan: “it isn't a step backward at all. It's a step forward toward ending this round that we've had of the excessive interest…”