Ronald Reagan Economic Quotes & Sayings

Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues. — Mike Pence

We cannot escape our destiny, nor should we try to do so. The leadership of the free world was thrust upon us two centuries ago in that little hall of Philadelphia. In the days following World War II, when the economic strength and power of America was all that stood between the world and the return to the dark ages, Pope Pius XII said, 'The American people have a great genius for splendid and unselfish actions. Into the hands of America God has placed the destinies of an afflicted mankind.' We are indeed, and we are today, the last best hope of man on earth. — Ronald Reagan

I believe very sincerely that we were extremely fortunate to have the recent recession while George Bush was President, just as we were very lucky that the recession of 1990 was under George H.W. Bush's presidency and the recession of 1981 was under Ronald Reagan. I think the fact that recessions tend to happen when Republicans are in the White House is a perfect example of God's divine providence. I've heard it said that the good Lord doesn't give you anything you can't handle, and maybe that's why he tries to always have us running things during economic downturns. — Jack Kimble

But our strategy for peace with freedom must also be based on strength - economic strength and military strength. — Ronald Reagan

Since the foundation of the State of Israel, the United States has stood by her and helped her to pursue security, peace, and economic growth. Our friendship is based on historic moral and strategic ties, as well as our shared dedication to democracy. — Ronald Reagan

America has always been greatest when we dared to be great. We can reach for greatness again. We can follow our dreams to distant stars, living and working in space for peaceful, economic, and scientific gain. Tonight, I am directing NASA to develop a permanently manned space station, and to do it within a decade. — Ronald Reagan

Any system that penalizes success and accomplishment is wrong. Any system that discourages work, discourages productivity, discourages economic progress, is wrong. If, on the other hand, you reduce tax rates and allow people to spend or save more of what they earn, they'll be more industrious; they'll have more incentive to work hard, and money they earn will add fuel to the great economic machine that energizes our national progress. The result: more prosperity for all - and more revenue for government. A few economists call this principle supply-side economics. I just call it common sense. — Ronald Reagan

There can be no security anywhere in the free world if there is no fiscal and economic stability within the United States. — Ronald Reagan

Our Founding Fathers well understood that concentrated power is the enemy of liberty and the rights of man. They knew that the American experiment in individual liberty, free enterprise and republican self-government could succeed only if power were widely distributed. And since in any society social and political power flow from economic power, they saw that wealth and property would have to be widely distributed among the people of the country. The truth of this insight is immediately apparent. — Ronald Reagan

Labor force needs and economic conditions are disregarded in our policies. Many aspects of our current policies and procedures are patently wrong. For example, legal immigration has almost no link to U.S. employment needs or economic conditions. — Ronald Reagan

America's foreign policy supports freedom, democracy, and human dignity for all mankind, and we make no apologies for it. The opportunity society that we want for ourselves we also want for others, not because we're imposing our system on others but because those opportunities belong to all people as God-given birthrights and because by promoting democracy and economic opportunity we make peace more secure. — Ronald Reagan

I've talked to you on a number of occasions about the economic problems our nation faces, and I am prepared to tell you it's in a hell of a mess-we're not connected to the press room yet, are we? — Ronald Reagan

The dustbin of history is littered with remains of those countries that relied on diplomacy to secure their freedom. We must never forget ... in the final analysis ... that it is our military, industrial and economic strength that offers the best guarantee of peace for America in times of danger. — Ronald Reagan

We must remove government's smothering hand from where it does harm; we must seek to revitalize the proper functions of government. We do these things to set loose again the energy and the ingenuity of the American people. We do these things to reinvigorate those social and economic institutions which serve as a buffer and a bridge between the individual and the state - and which remain the real source of our progress as a people. — Ronald Reagan

Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States. — Ronald Reagan

The societies which have achieved the most spectacular broad-based economic progress in the shortest period of time are not the most tightly controlled, not necessarily the biggest in size, or the wealthiest in natural resources. No, what unites them all is their willingness to believe in the magic of the marketplace. — Ronald Reagan

If we've learned any lessons during the past few decades, perhaps the most important is that preservation of our environment is not a partisan challenge; it's common sense. Our physical health, our social happiness, and our economic well-being will be sustained only by all of us working in partnership as thoughtful, effective stewards of our natural resources. — Ronald Reagan

The fact is, we'll never build a lasting economic recovery by going deeper into debt at a faster rate than we ever have before. — Ronald Reagan

For decades, we have piled deficit upon deficit, mortgaging our future and our children's future for the temporary convenience of the present. To continue this long trend is to guarantee tremendous social, cultural, political, and economic upheavals. You and I, as individuals, can, by borrowing, live beyond our means, but for only a limited period of time. Why, then, should we think that collectively, as a nation, we are not bound by that same limitation? — Ronald Reagan

I'm a Ronald Reagan conservative, I'm an economic conservative, I'm strong military. But I also voice and speak and work hard on the social issues. — Sam Brownback

No mother would ever willingly sacrifice her sons for territorial gain, for economic advantage, for ideology. — Ronald Reagan

Constructive trade, the two-way exchange of goods and services, is the most efficient and logical way for each nation ... to build a stable prosperity, a prosperity based not on aid, but on mutually beneficial economic contacts. — Ronald Reagan

Where others fear trade and economic growth, we see opportunities for creating new wealth and undreamed-of opportunities for millions in our own land and beyond. Where others seek to throw up barriers, we seek to bring them down; where others take counsel of their fears, we follow our hopes. — Ronald Reagan

Those who advocate more and more government regulation have been experimenting for 40 years, trying to create an economic system in which everyone can somehow be made more prosperous by the toil of someone else. — Ronald Reagan

Governments don't produce economic growth people do. — Ronald Reagan

America's economic strength depends on industry's ability to improve productivity and quality and to remain on the cutting edge of technology, and that's why the Malcolm Baldrige National Quality Award is so important. — Ronald Reagan

In an ironic sense, Karl Marx was right. We are witnessing today a great revolutionary crisis, a crisis where the demands of the economic order are conflicting directly with those of the political order. But the crisis is happening not in the ... West, but in the home of Marxism-Leninism, the Soviet Union. It is the Soviet Union that runs against the tide of history by denying human freedom and human dignity to its citizens. — Ronald Reagan

You know, if I listened to Michael Dukakis long enough, I would be convinced we're in an economic downturn and people are homeless and going without food and medical attention and that we've got to do something about the unemployed. — Ronald Reagan

There are those, of course, who claim we must give up freedom in exchange for economic progress. Well, pardon me, but anyone trying to sell you that line is no better than a three-card-trick man. One thing becoming more clear every day is that freedom and progress go hand in hand. Throughout the developing world, people are rejecting socialism because they see that it doesn't empower people, it impoverishes them. — Ronald Reagan

We cannot build a vital economy by delivering pizzas to one another. — Jim Wright

I want to talk about political and economic fairy tales. — Ronald Reagan

Our economic assistance must be carefully targeted, and must make maximum use of the energy and efforts of the private sector ... Economic freedom is the world's mightiest engine for abundance and social justice ... Developing countries need to be encouraged to experiment with a growing variety of arrangements for profit sharing and expanded capital ownership. — Ronald Reagan

In a world wracked by hatred, economic crisis, and political tension, America remains mankind's best hope. — Ronald Reagan

When, in his first inaugural address, Ronald Reagan famously said government is the problem, not the solution, he established the Republican mantra that has not changed in all the years since. It was a clever bit of rhetoric, but it has turned too many Republicans into economic simpletons. — David Horsey

The economic welfare of all our people must ultimately stem not from government programs, but from the wealth created by a vigorous private sector. — Ronald Reagan

There are many well-meaning people today who work at placing an economic floor beneath all of us so that no one shall exist below a certain level or standard of living, and certainly we don't quarrel with this. But look more closely and you may find that all too often these well-meaning people are building a ceiling above which no one shall be permitted to climb and between the two are pressing us all into conformity, into a mold of standardized mediocrity. — Ronald Reagan