I think that, you know, this is a different year than most years. We’ve got to tell the American people that we have to live with less. We have a $13.5 trillion debt. And the only way to do that is an honest campaign with honest people.
Every generation has an obligation to leave its children in a better position than it inherited. Our representatives in Washington are breaking faith with that covenant. America must reduce its federal spending and accumulation of debt for the sake of generations to come.
No one should be incarcerated for debt or squeezed for money they have no chance of getting their hands on.
I realized after my first play that no one was going to offer me roles for theatre. So I started my own theatre company even though I was in deep debt in 1988.
We should get young people to be more concerned about our debt and point out to them that promising them more all the time is a completely unsustainable way of being and that it’s a lie to say that the top one percent are going to pay for it.
If you put a purchase on a charge card, you’re paying it off forever. You have to know how to pay it off before you go deeply in debt.
The way to reduce the debt is by economic growth.
The whole student loan thing drives me completely nuts. If it wasn’t possible for 18-year-olds to sign themselves up for tens of thousands of dollars in debt in order to pay their college bills, the state governments wouldn’t have found it so politically easy to cut taxpayer support for public colleges and universities.
Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I’m the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.
My own feeling on the consumer is that he – he or she looks at what it costs them to pay their bills every month as opposed to how much debt they have.
Market discipline can only limit moral hazard to the extent that debt and equity holders believe that, in the event of distress, they will bear costs.
Obama does not need to worry as much as past Democratic presidents about being labeled soft on national security – not after giving the order that led to the assassination of Osama bin Laden. No, his biggest concern is being labeled tone deaf on joblessness and debt.
In fighting the debt crisis, E.U. countries have enhanced co-operation and carried out reform with tremendous courage. This is laudable.
Americans are fed up with how things are going in the country right now. They see more job losses, rising debt and plummeting home sales. They feel let down by a government that passes one 2,000-page, trillion-dollar law after another instead of focusing on addressing the problems Americans worry about every day.
I think the whole issue of a debt ceiling makes no sense to me whatsoever. Anybody who is remotely adroit at arithmetic doesn’t need a debt ceiling to tell you where you are.
Our health-care morass is like the problems of global warming and the national debt – the kind of vast policy failure that is far easier to get into than to get out of. Americans say that they want leaders who will take on these problems.
Let me tell you the story about Massachusetts under Governor Romney. It did fall to 47th out of 50 in jobs creation. Wages went down when they were going up in the rest of the country. He left his successor with debt and a deficit, and manufacturing jobs left that state at twice the rate as the rest of the country.
The truth is that the United States doesn’t need, and shouldn’t have, a debt ceiling. Every other democratic country, with the exception of Denmark, does fine without one.
Repaying the debt of these ultimate sacrifices seems nearly impossible but we must try.
I fear that the rising personal bankruptcies and repossessions are the first signs of bigger problems to come and personal debt – Gordon Brown’s legacy to millions of Britain’s families – will hang like a millstone around the neck of the British people for years to come.
Guinea pigs are practically synonymous with experiments. Lab rats have become the workhorses of modern medicine. Genetics owes a huge debt to the humble fruit fly. There’s almost no branch of the life sciences, in fact, that hasn’t leaned heavily on one animal or another.
We are watching the beginnings of the defiant self-assertion of a new generation of Americans, a generation who are looking forward to finishing their education with no jobs, no future, but still saddled with enormous and unforgivable debt.
If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty.
There was no avoiding the fact that we were going to hit our debt ceiling.
I’ve always had an aversion to debt.
All of the problems we’re facing with debt are manmade problems. We created them. It’s called fantasy economics. Fantasy economics only works in a fantasy world. It doesn’t work in reality.
Enough is enough. Enough of the waste. Enough of the spending. Enough of the debt. Enough of the arrogance in Washington, D.C.
Obama did inherit a deficit when he came into office. Why this fact justifies racking up vastly more debt and bigger deficits is a logical mystery.
Your medical debt should not be reported on your credit, especially in the wake of a global pandemic.
College gives people learning and also takes away future opportunities by loading the next generation down with debt.
Students can spend their money better than government can. It should not require a federal loan and decades of debt for students to get a college degree. Price limits access – plain and simple.
The interest on our debt is going to collapse this country.
I owe a great debt to motor-racing, and the first place I went to in Europe when I was 20 was Italy, and I was extremely influenced by it in books until I got there.
If you don’t have the money management skills yet, using a debit card will ensure you don’t overspend and rack up debt on a credit card.
I certainly would not deny that the Tea Party, the issues that they have looked at are certainly important to me as well… debt and deficit and recognition of the Constitution.
We need to understand as a nation that you can’t forever expect somebody out there, whether it’s China or somebody in England, to say, ‘I will always take America’s debt no matter what.’
I was a playwright who was still learning the ropes when Starz took a chance on me to create and showrun ‘Vida.’ They nurtured and supported me during every step of the strenuous process, and that is a debt that cannot be repaid.
I do have a huge debt of gratitude to people who fought for equality.
For highly indebted governments, low interest rates are critical to keep debt levels sustainable and ease pressure to restructure debt and recapitalize banks. The shift to a high sovereign-debt-yield equilibrium would make it impossible to achieve fiscal balance.
It is not from your own goods that you give to the beggar; it is a portion of his own that you are restoring to him. The Earth belongs to all. So you are paying back a debt and think you are making a gift to which you are not bound.
The biggest reason most people fail is that they try to fix too much at once – join a gym, get out of debt, floss after meals and have thinner thighs in 30 days.
In order to truly get deficit spending and federal debt under control, the Trump administration is going to have to eventually address entitlement reform. If not, Trump will not only become part of the Washington status quo on the issue, but will leave burdensome and expensive problems for future generations.
Our nation stands at the crossroads of liberty. Crushing national debt, rampant illegal immigration, insane business regulations and staggering national unemployment are pushing our nation into unchartered territory.
When we leave our kids with more student debt than necessary, we’ve failed them.
The commercial space industry owes a huge debt to Patti Grace Smith. There might not be a commercial spaceflight industry were it not for Patti’s leadership.
These subsidies from four European governments, which include aircraft launch assistance, capital injections, debt forgiveness, have enabled Airbus to develop and range market airliners well below cost.
The build-up of personal and collective debt in America and Europe should have sent warning signals to anyone familiar with the biblical institutions of the Sabbatical and Jubilee years, created specifically because of the danger of people being trapped by debt.
Obviously, there has to be a profound change in direction. Otherwise, interest on the national debt will start eating up virtually every penny that we have.
I’ve been in football a long time and people have problems through debt, drugs, drink and family.
Your FICO score is an “I love debt” score. You’re going to pay a bazillion dollars in interest to keep your FICO score up in order to have lower homeowner’s and car insurance rates.
I certainly think you could look at the business side of how WWE was run, which was as a conservative company with little debt and strong cash balance.
Limited government, low taxes, controlled spending and debt, and a restrained regulatory environment make Texas work.
