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Ronald Reagan

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Let it show on the record that when the American people cried out for economic help, Jimmy Carter took refuge behind a dictionary. Well, if it's a definition he wants, I'll give him one. A recession is when your neighbor loses his job. A depression is when you lose yours. And recovery is when Jimmy Carter loses his.
--
Speech in Jersey City, New Jersey (1 September 1980)

 
Ronald Reagan

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