Tuesday, March 24, 2009

Reagan Got It, Once




Some memorable quotes from Ronald Reagan's speech introducing Herbert Humphrey:
High prices have not been caused by higher wages, but by bigger and bigger profits.

The Republican promises sounded pretty good... But what has happened since then?

  • Prices have climbed to the highest level in history, although the death of the OPA was supposed to bring prices down through "the natural process of free competition".
  • Labor has been handcuffed by the vicious Taft-Hartley law.
  • Social Security benefits have been snatched away from almost a million workers by the Gearhart bill.
  • Fair employment practices, which had worked so well during war time, have been abandoned.
  • Veterans' pleas for low-cost homes have been ignored and many people are still living in made-over chicken coops and garages.
  • Tax reduction bills have been passed to benefit the higher income brackets alone. The average worker saved only $1.73 a week.
  • In the false name of economy, millions of children have been deprived of milk, once provided through the federal school lunch program.

    This was the pay-off of the Republicans promises...
  • At the end, he summarizes major initiatives

  • adequate low-cost housing
  • civil rights
  • prices people can afford to pay
  • a labor movement freed of the Taft-Hartley law
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