The consequences arising from the continual accumulation of public debts in other countries ought to admonish us to be careful to prevent their growth in our own.
— John Adams, November 23rd, 1797, First Address to Congress
Posted by kazvorpal on July 29, 2010 in economic, Politics
Tags: adams, address to congress, debt, deficit, federal debt, federal deficit, founding fathers, john adams, national debt, presidents, public debt, quotation, quotations, quote, quotes, speech, spending deficit, state of the union, state of the union address
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