If we can boondoggle ourselves out of this depression, that word is going to be enshrined in the hearts of the American people for years to come.

Summary

This quote suggests that if a solution can be found to overcome the current economic depression by means of boondoggling (engaging in unnecessary or wasteful activities for perceived economic benefits), the term "boondoggle" will become revered and remembered by the American people for a long time. It implies that successfully navigating through the challenges of the depression using unconventional methods would make this previously derogatory term synonymous with positivity and achievement.

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