State of the Union – 1982

There is an eight or nine minute portion in Ronald Reagan’s 1982 state of the union address, beginning at about 3:30, where he clearly explains the economy and how they were solving the problem.

I acknowledge that we don’t have the same problems now as we had then, but Reagan still had the basic principles of the solution right. More than anything: government can’t solve the economic problem, only the private sector can make real jobs that last.

Listen to this speech here: youtube=http://www.youtube.com/watch?v=2QFLsxeEl5I. The thing I like most about it is how Reagan doesn’t talk down to us as he explains the way things work.

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