04/16/1961
https://www.presidency.ucsb.edu...
"If you are going to have a party you have got to pay the band, and it is time for us to pay the band."
"Continuing down that path will lead to a default, would lead to a downgrade of U.S. Treasuries, a loss of their risk-free nature."
"So, in effect...when you are slowing the economy you are trying to put people out of work. That is your job, is it not?"
"I think it is undeniable that the only way we are going to get this sticky inflation down is to attack it on the monetary side, which are you doing, and on the fiscal side, which means Congress has go..."