Margaret Thatcher writes about Reagan
June 7, 2004 3:33 AM Subscribe
Flashback: Margaret Thatcher writes about Ronald Reagan. President Reagan saw instinctively that pessimism itself was the disease and that the cure for pessimism is optimism. He set about restoring faith in the prospects of the American dream — a dream of boundless opportunity built on enterprise, individual effort, and personal generosity. He infused his own belief in America's economic future in the American people. That was farsighted. It carried America through the difficult early days of the 1981-82 recession, because people are prepared to put up with sacrifices if they know that those sacrifices are the foundations of future prosperity.
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