Which of the following quotes from the speech best reflects the ideals of New Federalism?

A. “Together, after 50 years of taking power away from the hands of the people in their states and local communities, we have started returning power and resources to them.”

B. “A new kind of defeatism was heard. Some said our domestic problems were uncontrollable that we had to learn to live with the seemingly endless cycle of high inflation and high unemployment…”

C. “Six out of ten Americans were saying they were pessimistic about their future.”

D. “The last decade has seen a series of recessions. There was a recession in 1970, in 1974, and again in the spring of 1980. Each time, unemployment increased and inflation soon turned up again. We coined the word “stagflation” to describe this…”