Ronald Reagan: “This truly is a happy and historic day for America.”

America is the shining city on the hill. Welcome all who enter to follow their dreams.

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.

These unilateral reductions would, however, give a long-awaited encouragement for our efforts to achieve the genuine balance in conventional forces that would assure greater security and stability in Europe.

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