A Quote by Theo Paphitis

There are huge misconceptions about people on benefits. They are labelled scroungers or cheats. The reality is that many who need that level of support are working, but their income is not enough to get out of debt or pay for basics like food and household bills. It's so close to the way I grew up.

Theo Paphitis

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About Basics Benefits Bills Close Debt Enough Food Get Grew Grew Up Household Huge Income Level Like Many Misconceptions Need Out Pay People Reality Support Up Way Working

Quote Author

Theo Paphitis
British - Businessman
Born: September 24, 1959

The president says we need to raise the debt ceiling because America pays its bills. No if we paid our bills we wouldn't have all this debt. The reason we have to raise the debt ceiling is because we can't pay our bills and we have to borrow money because we don't have any money to pay our bills.

Peter Schiff

People tend to think that paying a debt is like going out and buying a car, buying more food or buying more clothes. But it really isn't. When you pay a debt to the bank, the banks use this money to lend out to somebody else or to yourself. The interest charges to carry this debt go up and up as debt grows.

Michael Hudson

People know that billions of pounds are wasted. Billions of pounds never get near the families that need it. It is an absolute outrage that hard-working people go out to work every day, get up early, come back late, don't see enough of their families in order to pay taxes to fund vast bureaucracies that are inefficient in order to fund a welfare system which allows too many people to sit for the whole of their lives on out-of-work benefits without going out to look for work.

George Osborne

There are two definitions of deflation. Most people think of it simply as prices going down. But debt deflation is what happens when people have to spend more and more of their income to carry the debts that they've run up - to pay their mortgage debt, to pay the credit card debt, to pay student loans.

Michael Hudson

People are working hard, they're doing everything we ask of them, and they are still struggling. It's not enough to just have a job. We need to make sure that these are good-paying jobs that pay the rent and put food on the table. Jobs that have benefits like health care and that allow people to save for retirement.

Chris Murphy

The fact of the matter is that when governments fail - as the Tories have done - to tackle the root causes of working peoples' need for welfare support, like low pay and high rents, the number of working people relying on benefits increases.

Emily Thornberry

So many people are working in industries that don't inspire them, to pay the bills and survive. In an ideal world, everyone would get paid to work within their passion and expand in their talents. If you have a skill, a passion, and a love for creating change, the best way to support us is to co-create with us.

Ian Somerhalder

I did everything to get food. I have stolen for food. I have jumped in huge garbage bins with maggots for food. I have befriended people in the neighborhood who I knew had mothers who cooked three meals a day for food, and I sacrificed a childhood for food and grew up in immense shame.

Viola Davis

Lenders look at potential borrowers from many angles before extending credit: How much of its income will a household need to put into debt repayment? How large is the down payment? Does the borrower have a job with a stable income? What is the borrower's credit score?

Mark Zandi

The people need to understand that marijuana is an unbelievable plant that has huge medical - it's a medical plant, is the best way to describe it. It has huge benefits for us as people in many, many - so many different ways.

Jesse Ventura

Lower-income immigrant families might receive more in benefits than they pay in taxes. But that mathematical equilibrium is temporary, and an artifact of the way the tax-and-transfer system is structured to help lower-income families and to support families with kids.

Annie Lowrey

I've always felt like a lot of people's misconceptions of me have to do with how I grew up. I grew up poor, and I grew up rich.

Dale Earnhardt Jr.

Many of our problems are home-grown. Gordon Brown regularly advised the rest of the world to follow his British model of growth. But the model was flawed. It led to the highest level of household debt in relation to income in the world.

Vince Cable

I grew up in a household where a missed day of work meant bills were not paid, I've lived through the stress that confronts many South Carolina families.