Air Date: 04/30/2012
Summary: What is going to take to save the American Dream? Listen to the Emily Goff explain the Heritage Plan and the steps that can be taken to get America out of debt.
Guests: Emily Goff, The Heritage Foundation
Thomas Jefferson Quote:[T]o preserve their independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty or profusion and servitude. If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, [and] give the earnings of fifteen of these to the government for their debts and daily expenses; and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes; have no time to think, no means of calling the mismanagers to account; but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow sufferers. Letter to Samuel Kercheval on July 12, 1816
Benjamin Franklin Quote:The day you passed that act you took away from before their eyes the greatest of all inducements to industry, frugality, and sobriety, by giving them a dependance on somewhat else than a careful accumulation during youth and health, for support in age or sickness. Benjamin Franklin, Memoirs of Benjamin Franklin (New York: Harper and Brothers, 1839), Vol. II, pp. 85-86, “On the Price of Corn, and the Management of the Poor.”
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