Ronald Reagan Quotes


Some years ago a top Ford official was showing the late Walter Reuther through the very automates plant in Cleveland, Ohio and he said to him jokingly, "Walter, you'll have a hard time collecting union dues from these machines." and Walter said, "you are going to have more trouble trying to sell automobiles to them." Both of them let it stop there. There was a logical answer to that ... the owners of the machines could buy automobiles and if you increase the number of owners you increase the number of consumers.


Citations

Reagan, Ronald. Reagan, In His Own Hand: The Writings of Ronald Reagan that Reveal His Revolutionary Vision for America. Free Press, 2001.

Related Quotes

One of his major ideas is that the masses of the industrial monopoly have a great deal of power and can make or break institutions. However, those who see the people as not very empowered distinguish between two types of power. The wealthy capitalist, the politician, the dictator, can exercise power individually and have a profound effect on the society. The average person however has little or no power to alter society individually; he can only exercise his power together with many others. Most of us think of “powerful people” as those who can exercise their power unilaterally. Mises observes that the masses, acting in concert, can overpower the unilateral powers, and therefore regards the people as the dominant power.


Ronald Reagan
Ronald Reagan
  • Born: February 6, 1911
  • Died: June 5, 2004
  • Nationality: American
  • Profession: Former President of the U.S., Former Governor of California, Politician, Actor

Ronald Wilson Reagan was an American politician who served as the 40th president of the United States from 1981 to 1989 and became a highly influential voice of modern conservatism. Prior to his presidency, he was a Hollywood actor and union leader before serving as the 33rd governor of California from 1967 to 1975.