Ronald Reagan (1911–2004) American politician, 40th president of the United States (in office from 1981 to 1989)
Speech in Jersey City, New Jersey (1 September 1980) http://www.slate.com/id/2201249/ <br class="br">1980s <br class="br">Context: 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.