When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government does it for 40 years, the bill comes in two ways: higher taxes and inflation. Make no mistake about it, inflation is a tax and not by accident.
Make no mistake, abortion-on-demand is not a right granted by the Constitution. No serious scholar, including one disposed to agree with the Court's result, has argued that the framers of the Constitution intended to create such a right.
You know, by the time you reach my age, you've made plenty of mistakes if you've lived your life properly.
I was 21 and looking for work in 1932, one of the worst years of the Great Depression. And I can remember one bleak night in the thirties when my father learned on Christmas Eve that he'd lost his job. To be young in my generation was to feel that your future had been mortgaged out from under you, and that's a tragic mistake we must never allow our leaders to make again.
Congressional mistakes have dramatically increased immigration through a series of what I believe were ill-advised actions going back to 1965 when the basic notions of our immigration laws were revised. In 1990, Congress opened the floodgates by passing a 35-percent increase in legal immigration.
I have come to the conclusion that the 22nd Amendment [limiting the presidency to two terms] was a mistake. Shouldn't the people have the right to vote for someone as many times as they want to vote for him?
You know, by the time you reach my age, you've made plenty of mistakes if you've lived your life properly. So you learn. You put things in perspective. You pull your energies together. You change. You go forward. My fellow Americans, I have a great deal that I want to accomplish with you and for you over the next two years. And, the Lord willing, that's exactly what I intend to do.
In an atmosphere of liberty, artists and patrons are free to think the unthinkable and create the audacious; they are free to make both horrendous mistakes and glorious celebrations.
One of the worst mistakes anybody can make is to bet against Americans.
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