“The Democrats in the legislature agreed with us that welfare costs were headed for the stratosphere but claimed the solution was a huge tax increase—in other words, to keep pouring more money into a bucket that was full of holes.”

“For years, I’ve heard the question: “How could an actor be president?” I’ve sometimes wondered how you could be president and not be an actor.”

“Recession is when your neighbor loses his job. Depression is when you lose yours. And recovery is when Jimmy Carter loses his.”

“In 1962, President John F. Kennedy said, “Our true choice is not between tax reduction on the one hand and avoidance of large federal deficits on the other; it is increasingly clear that no matter what party is in power, as long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough revenues to balance the budget—just as it will never produce enough jobs or enough profits. In short, the paradoxical truth is that the tax rates are too high today and tax revenues are too low and the soundest way to raise revenues in the long run is to cut rates now.”

“The American dream is not that every man must be level with every other man. The American dream is that every man must be free to become whatever God intends he should become.”

“We can't help everyone, but everyone can help someone.”

“I think my political transformation began with my exposure to the business-as-usual attitude of many civil service bureaucrats during the war; then came the attempted Communist take-over of the picture business, which a lot of my liberal friends refused to admit ever happened; next, I had a brief experience living in a country that promised the kind of womb-to-tomb utopian benevolence a lot of these liberal friends wanted to bring to America. In 1949, I spent four months in England filming The Hasty Heart while the Labor Party was in power. I saw firsthand how the welfare state sapped incentive to work from many people in a wonderful and dynamic country.”

“My parents constantly drummed into me the importance of judging people as individuals. There was no more grievous sin at our household than a racial slur or other evidence of religious or racial intolerance. A lot of it, I think, was because my dad had learned what discrimination was like firsthand. He’d grown up in an era when some stores still had signs at their door saying, NO DOGS OR IRISHMEN ALLOWED. When my brother and I were growing up, there were still ugly tumors of racial bigotry in much of America, including the corner of Illinois where we lived. At our one local movie theater, blacks and whites had to sit apart—the blacks in the balcony. My mother and father urged my brother and me to bring home our black playmates, to consider them equals, and to respect the religious views of our friends, whatever they were. My brother’s best friend was black, and when they went to the movies, Neil sat with him in the balcony. My mother always taught us: “Treat thy neighbor as you would want your neighbor to treat you,” and “Judge everyone by how they act, not what they are.” Once my father checked into a hotel during a shoe-selling trip and a clerk told him: “You’ll like it here, Mr. Reagan, we don’t permit a Jew in the place.” My father, who told us the story later, said he looked at the clerk angrily and picked up his suitcase and left. “I’m a Catholic,” he said. “If it’s come to the point where you won’t take Jews, then some day you won’t take me either.” Because it was the only hotel in town, he spent the night in his car during a winter blizzard and I think it may have led to his first heart attack.”

“Any system that penalizes success and accomplishment is wrong. Any system that discourages work, discourages productivity, discourages economic progress, is wrong. If, on the other hand, you reduce tax rates and allow people to spend or save more of what they earn, they’ll be more industrious; they’ll have more incentive to work hard, and money they earn will add fuel to the great economic machine that energizes our national progress. The result: more prosperity for all—and more revenue for government. A few economists call this principle supply-side economics. I just call it common sense.”

“If there's one observation that rings true in today's changing world, it is that freedom and peace go hand in hand.”

“I was not a great communicator, but I communicated great things.”

“I've never been able to understand why a Republican contributor is a 'fat cat' and a Democratic contributor of the same amount of money is a 'public-spirited philanthropist'.”

“We do more for the under developed nations than anyone in the world but they act as if we’re out to destroy them and they never say boo to the Soviets.”

“If history teaches anything, it teaches that self-delusion in the face of unpleasant facts is folly.”

“Evil is powerless if the good are unafraid.”