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If our history teaches us anything, it is this lesson: so far as the economic potential of our nation is concerned, the believers in the future of America have always been the realists. I count myself as one of this company.

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This is one of the most important days, in my opinion, in American history. It's our declaration of economic independence.

Each proposal must be weighed in the light of a broader consideration: the need to maintain balance in and among national programs - balance between the private and the public economy, balance between cost and hoped for advantage - balance between the clearly necessary and the comfortably desirable; balance between our essential requirements as a nation and the duties imposed by the nation upon the individual; balance between action of the moment and the national welfare of the future.

As with our military potential, our economic assets are more than equal to the task. Our independent farmers produce an abundance of food and fibre. Our free workers are versatile, intelligent, and hardworking. Our businessmen are imaginative and resourceful. The productivity, the adaptability of the American economy is the solid foundation-stone of our security structure.

Neither a wise man or a brave man lies down on the tracks of history to wait for the train of the future to run over him.

The left has warped, distorted, and defiled the American story with deceptions, falsehoods, and lies. There is no better example than the New York Times' totally discredited 1619 Project. This project rewrites American history to teach our children that we were founded on the principle of oppression, not freedom. Nothing could be further from the truth. America's founding set in motion the unstoppable chain of events that abolished slavery, secured civil rights, defeated communism and fascism, and built the most fair, equal, and prosperous nation in human history.

A nation that forgets its past has no future.