Quote by Ronald Reagan
“But instead, I decided to give a speech about the pride of giving and the importance of doing things without waiting for the government to do it for you. I pointed out that when individuals or private groups were involved in helping the needy, none of the contributions were spent on overhead or administrative costs, unlike government relief programs where $2 was often spent on overhead for every $1 that went to needy people.”
― Ronald Reagan ,
from An American Life
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Ronald Wilson Reagan was the 40th President of the United States (1981–1989) and the 33rd Governor of California (1967–1975). Born in Tampico, Illinois, Reagan moved to Los Angeles, California in the 1930s. He began a career in filmmaking and later television, making 52 films and gaining enough success to become a household name.
As president, Reagan implemented sweeping new political and economic initiatives. His supply-side economic policies, dubbed "Reaganomics," advocated reduced business regulation, controlling inflation, reducing growth in government spending, and spurring economic growth through tax cuts.
Reagan left office in 1989. In 1994, the former president disclosed that he had been diagnosed with Alzheimer's disease earlier in the year; he died ten years later at the age of 93. He ranks highly among former U.S. presidents in terms of approval rating.