The heart on it was bleeding. By getting control of inflation, we've channeled savings back into stocks and other productive investments. The stock market, reflecting the new confidence that's spreading throughout the country, has shot up 400 points, reaching an alltime high, and it's still rising. And I think we're going to knock them down even lower in the very near future. But even now, homebuilding and auto sales are far above what they were only a year ago.
Real wages are up, as is productivity and consumer spending.
The leading economic indicators rose again in March for the seventh straight month. And, of course, as John told you already, I think the greatest and most positive indicator of all is they aren't calling it Reaganomics anymore. They never should have called it that. It was the result of that Republican majority that we finally have in the Senate after more than a quarter of a century of living in the wilderness and a combination of good, sound, and prominent Democratic Congressmen and Republicans in the House that made that economic plan go into effect. And now, former Vice President Malaise is running for President, promising he can do everything just like they did before.