Ronald Reagan: First Inaugural Address

Glossary

• deficit a shortfall in a government budget brought about when expenses exceed income
• inflation an economic situation characterized by rising prices and a corresponding decline in purchasing power
• Martin Treptow A U.S. Army private who, after volunteering for the mission, was killed while delivering an important message during the Second Battle of the Marne in July 1918
• Rainbow Division the 42nd Infantry Division (Mechanized) of the U.S. Army, nicknamed for the rainbow in its insignia
• Stars of David symbols of Judaism traditionally used on the graves of Jewish soldiers