Ronald Reagan actually said...

There is a cloud hanging over the American economy, and that's the possibility that the tax-and-spend mentality will return to Washington.

Radio Address to the Nation on Economic Growth

10/24/1986

More Ronald Reagan Quotes

It'll be that day when we can tell our children and our grandchildren that we have begun to pay off this nation's national trillion-dollar d...

I thought we'd had a leading edge ever since we brought interest rates down and inflation down and all those other things.

There is no more dangerous risk to America... than deliberate, planned inflation such as they gave us.

As long as I'm President, we will protect the solvency of social security.