State of the Union 1982

In the 1982 State of the Union address on January 26, 1982, Reagan invokes his self-deprecating humor and calls for “a new spirit of partnership between this Congress and this administration”. Reagan cites the “stagflation” of the 1970s: double digit inflation, interest rates over 21%, and over 8 million unemployed.

Reagan notes economic improvement and calls for reduced federal spending, further tax reductions, and fewer regulations, saying our economic problems “are the inheritance of dec...