Almighty and eternal Lord God, the great Creator of heaven and earth, and the God and Father of our Lord Jesus Christ; look down from heaven in pity and compassion upon me thy servant, who humbly prostrate myself before thee.
George WashingtonRead
No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable.
Interpretation
The timely repayment of public debt is crucial to the nation's financial health.
In this quote, George Washington emphasizes the importance of managing public debt effectively. He argues that failing to address the repayment of debt can have serious negative consequences for the nation's economy and governance, highlighting that efficiency and promptness in financial matters are essential for the countryβs stability and prosperity.
In practice
Using this quote in a speech about responsible fiscal policy can underscore the significance of timely debt management.
Almighty and eternal Lord God, the great Creator of heaven and earth, and the God and Father of our Lord Jesus Christ; look down from heaven in pity and compassion upon me thy servant, who humbly prostrate myself before thee.
If, in the opinion of the people, the distribution or modification of the constitutional powers be in any particular wrong, let it be corrected by an amendment in the way which the Constitution designates. But let there be no change by usurpation; for though this, in one instance, may be the instrument of good, it is the customary weapon by which free governments are destroyed.
The duty of holding a Neutral conduct may be inferred, without any thing more, from the obligation which justice and humanity impose on every nation, in cases in which it is free to act, to maintain inviolate the relations of Peace and amity toward other Nations.
We began a contest for liberty ill provided with the means for the war, relying on our patriotism to supply the deficiency. We expected to encounter many wants and distressed we must bear the present evils and fortitude
What is most important of this grand experiment, the United States? Not the election of the first president but the election of its second president. The peaceful transition of power is what will separate this country from every other country in the world.
Perseverance and spirit have done wonders in all ages.
Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.
The welfare of a nation can scarcely be inferred from a measurement of national income as defined by the GDP.
Some degree of inequality in income and wealth, of course, would occur even with completely equal opportunity because variations in effort, skill, and luck will produce variations in outcomes.
The culture of self-gratification and deregulation that began during the Clinton years and continued under President George W. Bush led to the bursting of one stock market bubble at the turn of the century and a full-scale financial crash less than a decade later.
To get back to the kind of shared prosperity and upward mobility we once considered normal will require another era of fundamental reform, of both our economy and our democracy.
Governments don't reduce deficits by raising taxes on the people; governments reduce deficits by controlling spending and stimulating new wealth.
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