"There was a time when "sound as..." - Quote by Ronald Reagan
There was a time when "sound as a dollar" was a description, not a joke.
More by Ronald Reagan
“The WPA was one of the most productive elements of FDR's alphabet soup of agencies because it put people to work building roads, bridges, and other projects... It gave men and women a chance to make some money along with the satisfaction of knowing they earned it.”
“America needs jobs and opportunity, not make-work and handouts.”
“Die-hard conservatives thought that if I couldn't get everything I asked for, I should jump off the cliff with the flag flying-go down in flames. No, if I can get 70 or 80 percent of what it is I'm trying to get ... I'll take that and then continue to try to get the rest in the future.”
More on Economy
“I'm no longer just a candidate. I'm the President. I know what it means to send young Americans into battle, for I have held in my arms the mothers and fathers of those who didn't return. I've shared the pain of families who've lost their homes, and the frustration of workers who've lost their jobs.”
“Beware the greedy hand of government thrusting itself into every corner and crevice of industry.”
“Believing that fundamental conditions of the country are sound and there is nothing in the business situation to warrant the destruction of values that has taken place on the exchanges during the past week, my son and I have for some days been purchasing sound common stocks. We are continuing and will continue our purchases in substantial amounts at levels which we believe represent sound investment values.”
More on Inflation
“If the economy of today were operating close to capacity levels with little unemployment, or if a sudden change in our military requirements should cause a scramble for men and resources, then I would oppose tax reductions as irresponsible and inflationary; and I would not hesitate to recommend a tax increase if that were necessary.”
“If increased government spending with borrowed or newly created money is a 'stimulus,' then the Weimar Republic should have been stimulated to unprecedented prosperity, instead of runaway inflation and widespread economic desperation that ultimately brought Adolf Hitler to power.”
“Our country has plenty of five-cent cigars, but the trouble is they charge fifteen cents for them.”