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Updated: May 31, 2025
During my Administration, total grants-in-aid to State and local governments have increased by more than 40 percent, from $68 billion in Fiscal Year 1977 to $96 billion in Fiscal Year 1981. This significant increase in aid has allowed States and localities to maintain services that are essential to their citizens without imposing onerous tax burdens.
In 1977, the Ohio members of OCLC adopted changes in the governance structure that enabled libraries outside Ohio to become members and participate in the election of the Board of Trustees; the Ohio College Library Center became OCLC, Inc. In 1981, the legal name of the corporation became OCLC Online Computer Library Center, Inc.
Despite a stringent budget for FY 1981, the Administration consistently supported the Women's Educational Equity Act and family planning activities, as well as other programs that affect women, such as food stamps, WIC, and social security. We have been concerned not only about the American woman's opportunities, but ensuring equality for women around the world.
Despite a stringent budget for FY 1981, the Administration consistently supported the Women's Educational Equity Act and family planning activities, as well as other programs that affect women, such as food stamps, WIC, and social security. We have been concerned not only about the American woman's opportunities, but ensuring equality for women around the world.
During my Administration, health services to the poor and underserved have been dramatically increased. The population served by the NHSC has more than tripled since 1977. The number of Community Health Centers providing services in high priority underserved areas has doubled during my Administration, and will serve an estimated six million people in 1981.
the real increase in FY 1980 defense spending is well above 3 percent and I expect FY 1981 defense spending to be even higher; looking ahead, the defense program I am proposing is premised on a real increase in defense spending over the next five years of 20 percent or more;
So let's put these times in perspective. Together, since 1981, we've created almost 20 million jobs, cut inflation in half and cut interest rates in half. Yes, the largest peacetime economic expansion in history has been temporarily interrupted. But our economy is still over twice as large as our closest competitor. We will get this recession behind us and return to growth soon.
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