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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