02/07/1979
https://www.presidency.ucsb.edu...
"The unemployment rate today at 7.8 percent is higher than any time between the Great Depression and the inauguration of Gerald Ford."
"The work ethic is very simple. It means people at their jobs."
"We can create jobs, maintain stable prices, meet our people's needs, and achieve a balanced budget."
"We will never use unemployment and recession as a tool to fight inflation."