Presidential Inaugural Ceremonies for Ronald Reagan on 20th January 1981 in Washington DC. Inaugural Ceremony on the terrace of West Front of the United States Capitol. Senator Mark Hatfield speaks into a microphone. The President elect Ronald Reagan takes over the microphone. He says that this 4-year ceremony is nothing more than a miracle. He mentions President Jimmy Carter and thanks him. Reagan states that the nation has suffered from the longest and one of the worst sustained inflations in the history. Idle industries have cast workers into unemployment. He speaks about the tax-burden and further says that 'we must act today in order to preserve tomorrow'.
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