Lyndon Johnson actually said...

So a system of public education, every dollar invested in education today, brings a return of 10 to 12 percent in national wealth, and that is a pretty good return on a dollar invested--10 to 12 percent.

09/24/1964

https://www.presidency.ucsb.edu...

More Lyndon Johnson Quotes

"I shall do my best to advance the cause of peace and of human progress."
"We do not expect to pull any rabbits out of any hats at Manila, notwithstanding any speculations you may hear or see."
"We resolved here in Honolulu to carry the blessings of education to the remotest area of South Vietnam."
"This, in effect, is another coonskin on the wall."

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