Instead of leading the world by how much we borrow it's time that we make sure we lead the world in how much we build and create and invest.
A nation' s strength ultimately consists in what it can do on its own and not in what it can borrow from others.
You cannot spend your way out of recession or borrow your way out of debt.
If our nation goes over a financial Niagara we won't have much strength and eventually we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years we will be spending more on interest payments than on national security. That is not as our military friends say a 'robust strategy.'
But if our nation goes over a financial Niagara we won't have much strength and eventually we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years we will be spending more on interest payments than on national security. That is not as our military friends say a 'robust strategy.'
Borrow trouble for yourself if that's your nature but don't lend it to your neighbours.
When I was a little boy I used to borrow my father's hat and make a press card to stick in the hat band. That was the way reporters were always portrayed in the movies.
What did the taxpayers get out of the Obama stimulus? More debt. That money wasn't just spent and wasted - it was borrowed spent and wasted.
That's the real secret to job creation - not borrowing and spending more money in Washington.
Unfaithfulness in the keeping of an appointment is an act of clear dishonesty. You may as well borrow a person's money as his time.
Look I'm very much in favor of tax cuts but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money tax cuts with borrowed money and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here.
Don't cling to fame. You're just borrowing it. It's like money. You're going to die and somebody else is going to get it.
If borrowing and spending all this money led to more jobs than we would be at full employment already.
I went to the bank and asked to borrow a cup of money. They said 'What for?' I said 'I'm going to buy some sugar.'
If you would know the value of money go and try to borrow some.
I would borrow my mom's red Borghese lipstick and smear it on like a clown!
To that class we may leave it to refine the vernacular dialects of the country to enrich those dialects with terms of science borrowed from the Western nomenclature and to render them by degrees fit vehicles for conveying knowledge to the great mass of the population.
I not only use all the brains that I have but all that I can borrow.
A poet ought not to pick nature's pocket. Let him borrow and so borrow as to repay by the very act of borrowing. Examine nature accurately but write from recollection and trust more to the imagination than the memory.
Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt.
I would like to spend the whole of my life traveling if I could anywhere borrow another life to spend at home.
The federal government now spends one of every four dollars in the entire economy. It borrows one of every three dollars it spends. No nation no entity large or small public or private can thrive or survive intact with debts as huge as ours.
We have a government that borrows $4 billion a day. We have a government that owes trillions of dollars in debt half of that to foreigners most of that to Chinese investors. I don't - that is extreme. Not only is it extreme. It's insane and it's unsustainable.
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.
Whether they run a record company or a grocery store every boss will tell you you're in big trouble if you're borrowing more than you can ever afford to pay back. Delaying the pain for future generations is suicidal. We've got to start getting the deficit down right now not next year.
We owe at least this much to future generations from whom we have borrowed a fragile planet called Earth.
The debt-ceiling vote isn't about what will be done in the future it is about the integrity of America's commitment to support the bonds we issue. Elected officials have an obligation to maintain that integrity regardless of whether they voted for the programs that required the borrowing in the first place.
The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesn't sound kosher. Because it isn't.
What I'm concerned about is endless borrowing which is going to compromise our economy not only today but in the future. Because we know the decisions we make right now really dramatically impact us in the future and the debt is literally getting out of our control.
I have learned to live each day as it comes and not to borrow trouble by dreading tomorrow. It is the dark menace of the future that makes cowards of us.