A collection of the best Debt Quotes for your consideration, inspiration, and motivation. Explore 1000s of thoughtful Debt Quotes.
I don’t understand how the Republican party is the party with the reputation for fiscal conservatism and fiscal sanity, when they’re the ones who run up the debt. It was Reagan who ran up the debt and now Bush is doing it again, and in between, Clinton and Bush’s father, I must say, worked so hard to get that deficit and that debt down.
There is a perennial and unobtrusive view that morality consists in such things as telling the truth, paying one’s debts, respecting one’s parents and doing no voluntary harm to anyone. Those are all things easy to say and hard to do; they do not attract much attention, and win little honor in the world.
The real number of the US’ obligations, unfunded obligations that we’re passing on to our future generates is more like $70 trillion to $75 trillion. The vast majority of that is health entitlements – Medicare, Obamacare, Medicaid. There’s also Social Security, interest on the debt. But fundamentally, health entitlements are the thing that will bankrupt our kids. We need to fix that for the long-term.
To those of you mourn the loss of a loved one today, my heart goes out to you. We remember that the blessings that we enjoy as Americans came at a dear cost. Our nation owes a debt to its fallen heroes that we cannot ever fully repay. But we can honor their sacrifice, and we must. We must honor it in our own lives by holding their memories close to our hearts, and heeding the example they set.
In the great depression, things could only be set right by causing the idle plant to work again . . . Roosevelt . . . spent billions of public money and created a huge public debt, but by so doing he revived production and brought his country out of the depression. Businessmen, who in spite of such a sharp lesson continued to believe in old-fashioned economics, were infinitely shocked, and although Roosevelt saved them from ruin, they continued to curse him and to speak of him as ‘the madman in the White House.’ . . . [It’s one more] striking example of inability to learn from experience.