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Herbert Hoover

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Blessed are the young, for they shall inherit the national debt.
--
Address to the Nebraska Republican Conference, Lincoln, Nebraska (16 January 1936)

 
Herbert Hoover

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Blessed are the poor in spirit, for theirs is the kingdom of heaven.
Blessed are those who mourn, for they will be comforted.
Blessed are the meek, for they will inherit the earth.
Blessed are those who hunger and thirst for righteousness, for they will be filled.
Blessed are the merciful, for they will be shown mercy.
Blessed are the pure in heart, for they will see God.
Blessed are the peacemakers, for they will be called sons of God.
Blessed are those who are persecuted because of righteousness, for theirs is the kingdom of heaven.
Blessed are you when people insult you, persecute you and falsely say all kinds of evil against you because of me.
Rejoice and be glad, because great is your reward in heaven, for in the same way they persecuted the prophets who were before you.

 
Jesus Christ
 

In numerous years following the war the Federal government ran a heavy surplus. It could not pay off it's debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply.

 
John Kenneth Galbraith
 

My plan reduces the national debt, and fast. So fast, in fact, that economists worry that we're going to run out of debt to retire.

 
George W. Bush
 

The gentleman has not seen how to reply to this, otherwise than by supposing me to have advanced the doctrine that a national debt is a national blessing.

 
Daniel Webster
 

A national debt, if it is not excessive, will be to us a national blessing.

 
Alexander Hamilton
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