A Quote by Erskine Bowles

The US Debt is the single biggest threat I see to innovation in American business. — © Erskine Bowles
The US Debt is the single biggest threat I see to innovation in American business.
The top threat that gets very little focus from Washington these days is what Adm. Mike Mullen identified as the biggest threat to the U.S.: the American debt.
I really truly worry that the debt is one of the single biggest threat to the United States of America, that we're talking about a problem that is multi-trillion in its depth and I think we ought to be cutting more.
Look, the president is elected to lead and to face the country's biggest challenges. The country's biggest challenge domestically speaking, no doubt about it, is a debt crisis, and I'm really hoping that he is going to give us a budget that tackles this debt crisis.
The biggest threat to advanced economies is that debt will accumulate until the overhang weighs on growth.
I would love to see Mr. (Henry) Ford in there, really. I don't know who started the idea that a President must be a Politician instead of a Business man. A Politician can't run any other kind of business. So there is no reason why he can run the U.S. That's the biggest single business in the World.
The single biggest existential threat that's out there, I think, is cyber.
The single biggest threat to man's continued dominance on the planet is the virus.
It's the [George Bush] president's fiscal policies that have driven up the biggest deficits in American history. He's added more debt to the debt of the United States in four years than all the way from George Washington to Ronald Reagan put together.
Innovation is the ability to see change as an opportunity - not a threat
We're just trying to end illegitimate government support for a single technology, which is un-American. We should be leading the world in the next generation of technological innovation. But we can't unleash private capital because of what the government is doing to stifle innovation and to choke competition.
Immigrants use debt intelligently. They understand the difference between active debt: creating a business, or something to make business better, and dead debt: buying that new sports car or the 60 inch television. Those things don't lead to the good life. They delay getting it.
History tells us that the threat to prosperity is not debt but socialism.
In a movie that's sort of a single monster movie, like 'Jaws,' once you see the animal, it identifies the threat, and you're able to start working on ways to take down the threat.
The biggest threat to the Internet is, frankly, always going to be complacency. I want to see more and more of us activated and people thinking of themselves as defenders of it.
I'm a 30-year businessperson. I believe in American business. I believe in American ingenuity, and I believe in American innovation.
The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem.
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