Quotes on Debt
A debt is just as hard for a government to pay as it is for an individual. No debt ever comes due at a good time. Borrowing is the only thing that is handy all the time.
Will Rogers
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A bank is a place that will lend you money if you can prove that you don't need it.
Bob Hope
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I place economy among the first and most important virtues, and public debt as the greatest dangers to be feared.
Thomas Jefferson
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Christmas is a time when kids tell Santa what they want and adults pay for it. Deficits are when adults tell the government what they want and their kids pay for it.
Richard Lamm
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Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.
Ron Paul
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When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.
Ron Paul
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Some debts are fun when you are acquiring them, but none are fun when you set about retiring them.
Ogden Nash
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Rather to go to bed supperless than rise in debt.
Benjamin Franklin
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Capitalism does not exist without capital, and debt is not, has never been and will never be a form of capital.
Ron Paul
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A man's got to lose more than money to be broke. When a fellow's got a straight backbone and a clear eye his creditors don't have to lie awake nights worrying over his liabilities.
George Horace Lorimer
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