“ Idle industries have cast workers into unemployment, causing human misery and personal indignity. ”
Ronald Reagan, Inaugural Address (20 January 1981). copy citation
| Author | Ronald Reagan |
|---|---|
| Source | Inaugural Address |
| Topic | misery workers |
| Date | 20 January 1981 |
| Language | English |
| Reference | |
| Note | |
| Weblink | https://avalon.law.yale.edu/20th_century/reagan1.asp |
Context
“We suffer from the longest and one of the worst sustained inflations in our national history. It distorts our economic decisions, penalizes thrift, and crushes the struggling young and the fixed- income elderly alike. It threatens to shatter the lives of millions of our people.
Idle industries have cast workers into unemployment, causing human misery and personal indignity. Those who do work are denied a fair return for their labor by a tax system which penalizes successful achievement and keeps us from maintaining full productivity.
But great as our tax burden is, it has not kept pace with public spending.”
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