From Ted Kennedy’s 1980 Convention Speech

By August 27, 2009Economy, Regulations

From Sen. Edward Kennedy’s Democratic National Convention Address delivered August 12, 1980, New York City.

The task of leadership in 1980 is not to parade scapegoats or to seek refuge in reaction, but to match our power to the possibilities of progress. While others talked of free enterprise, it was the Democratic Party that acted and we ended excessive regulation in the airline and trucking industry, and we restored competition to the marketplace. And I take some satisfaction that this deregulation legislation that I sponsored and passed in the Congress of the United States.

More from Kennedy on deregulation via Steven F. Hayward at the American Enterprise Institute.

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