A Quote by Herbert Hoover

Bless the children, for the national debt is theirs. — © Herbert Hoover
Bless the children, for the national debt is theirs.
The point is that Hillary Clinton is running on all these ideas. She's gonna do this and she gonna do that. She's gonna fix this. She's got a massive new economic plan that's not gonna add a penny to the national debt, while Donald Trump's will add 20 trillion to the national debt. What she does, she always pivots and goes back to the Children's Defense Fund. "Well, I started working in the 1970s for women and children, Children's Defense Fund." That's magic and you're not supposed to question nothing further after that.
It took the national debt two hundred years to reach $1 trillion. Supply Side Economics quadrupled the national debt to over $4 trillion in twelve years (1980-1992) under the Republicans. Bill Clinton actually paid down the national debt. How did he do it? He raised taxes. It produced the longest sustained economic expansion in U.S. History.
No nation ought to be without a debt. A national debt is a national bond; and when it bears no interest, is in no case a grievance.
Our national debt after all is an internal debt owed not only by the Nation but to the Nation. If our children have to pay interest on it they will pay that interest to themselves. A reasonable internal debt will not impoverish our children or put the Nation into bankruptcy.
Every big leaguer and his wife should teach their children to pray, God bless Mommy, God bless Daddy, and God bless Babe Ruth.
The U.S. has a law on the books called the debt limit, but the name is misleading. The debt limit started in 1917 for the purpose of facilitating more national debt, not reducing it. It still serves that purpose. It's unconnected to spending, hurts our credit rating and has been an abject failure at limiting debt.
Wives of ballplayers, when they teach their children their prayers, should instruct them to say: God bless mommy, God bless daddy, and God bless Babe Ruth! He's upped daddy's paycheck by 15 to 40 percent!
During the 2016 presidential campaign, candidate Donald Trump pledged to eliminate our national debt 'over a period of eight years.' Now two years into his administration, our national debt has increased, surpassing $21 trillion for the first time in American history.
There's also consumer debt, the credit card debt that burdens many of the working families in America. Yes, we talk about national debt, and we're paying a lot down. But you're fixing to hear me tell you part of the remedy for people who have got a lot of credit card debt is to make sure people get some of their own money back.
There is a lot of fiscal conservatives in the United States senate that didn't vote for that because we understand that national security spending is not the reason why we have a debt. Our debt is being driven by the way Social Security, Medicare, and Medicaid and, by the way, the interest on the debt is structured in the years to come.
Counting obligations under Medicare and Social Security, the real debt of the United States is more than 10 times the reported national debt.
Debt ceiling is something that, you know, any time the president asks for the authority to increase the debt ceiling, the debt burden on our children and grandchildren, I think that requires a pretty serious discussion, robust debate.
The burden of the national debt consists not in its being so many millions, or so many hundred millions, but in the quantity of taxes collected every year to pay the interest. If this quantity continue the same, the burden of the national debt is the same to all intents and purposes, be the capital more or less.
A national debt, if it is not excessive, will be to us a national blessing.
You [Donald Trump] call yourself the King of Debt. You talk about leverage. You even at one time suggested that you would try to negotiate down the national debt of the United States.
Obedience allows God’s blessings to flow without constraint. He will bless His obedient children with freedom from bondage and misery. And He will bless them with more light.
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