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- I know of no more encouraging fact than the unquestionable ability of man to elevate his life by conscious endeavor.
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- The nominal budget is a poor indicator of the impact of government outlays and revenues.
- Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.
- Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.