Daily Dose

“Industry is increased, commodities are multiplied, agriculture and manufacturers flourish: and herein consists the true wealth and prosperity of a state.” – Alexander Hamilton

Ronald Reagan – “The fact is, we’ll never build a lasting economic recovery by going deeper into debt at a faster rate than we ever have before. It took this nation 166 years until the middle of World War II to finally accumulate a debt of $95 billion. It took this administration just the last 12 months to add $95 billion to the debt. And this administration has run up almost one-fourth of the total national debt in just these short 19 months.

Inflation is the cause of recession and unemployment. And we’re not going to have real prosperity or recovery until we stop fighting the symptoms and start fighting the disease. There’s only one cause for inflation— government spending more than government takes in. The cure is a balanced budget. Ah, but they tell us, 80 percent of the budget is uncontrollable. It’s fixed by laws passed by Congress. Well, laws passed by Congress can be repealed by Congress. And, if Congress is unwilling to do this, then isn’t it time we elect a Congress that will?”

Psalm 119:114 – Thou art my hiding place and my shield: I hope in thy word.

Debt Crisis Explained - Cartoon

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