Today I am pleased to announce the beginning of new relationships between the United States and the island groups that have emerged from the Pacific Islands Trust Territory.
Ronald Reagan
The Public Record
Ronald Wilson Reagan was an American politician and actor who served as the 40th president of the United States from 1981 to 1989. A member of the Republican Party, he previously held the office of governor of California from 1967 to 1975. Reagan's presidency is noted for significant tax cuts, a strong anti-communist foreign policy, and the deregulation of various industries. His administration also faced challenges such as the Iran-Contra affair and economic issues, including inflation and unemployment.
We don't have a deficit because we're taxed too little; we have a deficit because they're spending too much.
We in the United States pledge our friendship and support as the Northern Mariana Islands, the Marshall Islands, and the Federated States of Micronesia now walk the paths they themselves have chosen.
No political goals are or will be achieved by resorting to extortion and terrorism.
I am pleased to announce that one of the Americans held hostage in Beirut has been released.
We hold the captors of the remaining American hostages in Lebanon responsible for the safety of those Americans.
Will you choose to expand our economic recovery or to return to the stagnation of the seventies?
We can protect the peace and reduce nuclear weapons if we stop those who would gut our defense.