Absolute freedom of the press to discuss public questions is a foundation stone of American liberty.
Herbert HooverRead
Prosperity cannot be restored by raids upon the public Treasury.
Interpretation
True economic prosperity cannot be achieved through reckless spending of public funds.
This quote by Herbert Hoover emphasizes that genuine economic prosperity cannot be obtained by merely extracting funds from the government treasury or by making irresponsible financial decisions. It highlights the importance of sustainable economic policies and responsible management of public resources to foster real growth and stability in society.
In practice
This quote can be used during a discussion on fiscal responsibility in government.
Absolute freedom of the press to discuss public questions is a foundation stone of American liberty.
No prosaic description can portray the grandeur of 40 miles of rugged mountains rising beyond a placid lake in which each shadowy precipice and each purple gorge is reflected with a vividness that rivals the original.
Blessed are the young for they shall inherit the national debt.
Peace is not made at the council table or by treaties, but in the hearts of men.
Words without actions are the assassins of idealism.
There is no more cruel illusion than that war makes a people richer.
All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.
Prosperous farmers mean more employment, more prosperity for the workers and the business men of every industrial area in the whole country.
When money is free, the rational lender will keep on lending until there is no one else to lend to.
I agree that income disparity is the great issue of our time. It is even broader and more difficult than the civil rights issues of the 1960s. The '99 percent' is not just a slogan. The disparity in income has left the middle class with lowered, not rising, income, and the poor unable to reach the middle class.
Tax breaks and other financial breaks that favor the wealthiest among us do not create greater prosperity for all; they simply siphon off more and more money to those who already have it, and more and more money away from those who do not.
The failure of Lehman Brothers demonstrated that liquidity provision by the Federal Reserve would not be sufficient to stop the crisis; substantial fiscal resources were necessary.
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