5 Ronald Reagan Quotes on Economics

Ronald Reagan quotes on economics

8. Fascism was really the basis for the New Deal. It was Mussolini's success in Italy, with his government-directed economy, that led the early New Dealers to say 'But Mussolini keeps the trains running on time.'

16. Depression is when you're out of work. A recession is when your neighbor's out of work. Recovery is when Carter's out of work.

52. I am not worried about the deficit. It is big enough to take care of itself.

118. The entire income tax system was created by Karl Marx.

137. Ronald Reagan, in my view, was the greatest of post-World War II American presidents. More than anybody else, he followed the policies that led to the collapse of the Soviet Union, the end of the Cold War, and the final victory of a more free-market approach to the management of economies over the centrally planned approach of the old eastern states ... His greatest legacy will be the end of Soviet communism.