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Diary Entry - 01/20/1981

Key Facts

  • President Reagan is inaugurated as the Fortieth President of the United States

  • Iran frees fifty-two U.S. hostages after 444 days in captivity.

  • Ronald Reagan inherited 10% inflation 20% interest rates.

  • The Inaugural (Jan. 20) was an emotional experience but then the very next day it was “down to work.” The first few days were long and hard—daily Cabinet meetings interspersed with sessions with Congressional leaders regarding our ec. plan.

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The Inaugural (Jan. 20) was an emotional experience but then the very next day it was “down to work.” The first few days were long and hard—daily Cabinet meetings interspersed with sessions with Congressional leaders regarding our ec. plan.

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