War Debt

Famous quotes containing the words war and/or debt:

“This is not Johnson’s war. This is America’s war. If I drop dead tomorrow, this war will still be with you.”
—Lyndon Baines Johnson (1908–1973)

“Good government cannot be found on the bargain-counter. We have seen samples of bargain-counter government in the past when low tax rates were secured by increasing the bonded debt for current expenses or refusing to keep our institutions up to the standard in repairs, extensions, equipment, and accommodations. I refuse, and the Republican Party refuses, to endorse that method of sham and shoddy economy.”
—Calvin Coolidge (1872–1933)