22
These United States are confronted with an

economic affliction

Embed Size (px)

DESCRIPTION

Ronald Reagan's inauguration speech

Citation preview

Page 1: economic affliction

These United States areconfronted with an

Page 2: economic affliction

economicafflictionof great proportions.

Page 3: economic affliction

We suffer from the

longestand one of the

Page 4: economic affliction

worstsustained inflations

in our nationalhistory.

Page 5: economic affliction

It distorts our economic decisions,

Page 6: economic affliction

penalizes thrift,

and crushes the

Page 7: economic affliction

struggling youngand the

fixed-income elderly alike.

Page 8: economic affliction

It threatens to shatter the livesof millions of our people.

Page 9: economic affliction

Idle industries havecast workers into

Page 10: economic affliction

unemployment,human misery,

Page 11: economic affliction

AND personal indignity.

Page 12: economic affliction

Those who DO work are denied a fair return

Page 13: economic affliction

for their labor by a tax system which

penalizessuccessful achievement and keeps us from maintaining full productivity.

Page 14: economic affliction

$But great as our tax burden IS,it has not kept pace with public spending.

Page 15: economic affliction

$For decades we have piled

DEFICITUPONDEFICIT,mortgaging our future and our children’s future for the temporaryconvenience of the present.

To continue this long trend is to

GUARENTEEtremendousSOCIAL,CULTURALPOLITICAL,andECONOMICUPHEAVALS.

Page 16: economic affliction

SOCIAL,CULTURALPOLITICAL,andECONOMIC

YOU&I,as individuals,CAN, BY BORROWING,live beyond our means,but for only a limited period of time.

Page 17: economic affliction

Why, then, should we think thatcollectively, as a nation, we’re not

BOUNDby that same limitation?

Page 18: economic affliction

We must act TODAYin order to preserve

TOMORROW.

And let there be no misunderstanding:We are going to begin to act,

BEGINNINGTODAY.

Page 19: economic affliction

And let there be no misunderstanding:We are going to begin to act,

BEGINNINGTODAY.

The economic ills we suffer have come upon us over several decades.

Page 20: economic affliction

They will not go away indays, weeks, or months,buttheywillgoaway.

Page 21: economic affliction

THEYWILLGOAWAYbecause we as Americanshave the capacity now,as we’ve had in the past,

TODOwhatever needs to be DONEto preserve this last and greatest bastion of freedom.

Page 22: economic affliction

In this present crisis,

GOVERNMENT is not the solution to our problem;

GOVERNMENT IS the PROBLEM.