Ronald Reagan actually said...

When their party left the White House 8 years ago, inflation was at one of the highest levels in American history.

Radio Address to the Nation on the Democratic National Convention and the Administration's Achievements

07/22/1988

More Ronald Reagan Quotes

Massive and growing Soviet military capabilities threaten the credibility of NATO's deterrent.

Belgium has long been an important member and played a prominent role in the NATO alliance.

I am pleased to reaffirm that commitment here.

It simply doesn't make sense to give our adversaries technology that they could then use to threaten the West.