Political Quotes

Ronald Reagan: “This is a result of, particularly, two industries that have been hard hit—in large part due to the high interest…”

On the recordJanuary 7, 1982
This is a result of, particularly, two industries that have been hard hit—in large part due to the high interest rates—the automobile industry and the housing industry.
Said by
Ronald Reagan
Republican · California

Editor's note · Context

Exchange With Reporters on Unemployment Rates

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More from Ronald Reagan

Feb 25, 2004

I will not make age an issue of this campaign. I am not going to exploit for political purposes my opponent's youth and inexperience.

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May 5, 2004

But there's nothing I can say that would make the situation right.

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