A Quote by Frank Zappa
It would be easier to pay off the national debt overnight than to neutralise the long-range effects of our national stupidity
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The only difference between a cult and a religion is the amount of real estate they own” “Stupidity has a certain charm - ignorance does not” “My best advice to anyone who wants to raise a happy, mentally healthy child is: Keep him or her as far away from a church as you can” “It would be easier to pay off the national debt overnight than to neutralize the long-range effects of our national stupidity” “Communism doesn't work because people like to own stuff.
In numerous years following the war, the Federal Government ran a heavy surplus. It could not (however) pay off its debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply.
I will bring our energy companies back. They'll be able to compete. They'll make money. They'll pay off our national debt. They'll pay off our tremendous budget deficits, which are tremendous.
The National Debt is a very Good Thing and it would be dangerous to pay it off for fear of Political Economy.
It took the national debt two hundred years to reach $1 trillion. Supply Side Economics quadrupled the national debt to over $4 trillion in twelve years (1980-1992) under the Republicans. Bill Clinton actually paid down the national debt. How did he do it? He raised taxes. It produced the longest sustained economic expansion in U.S. History.
Posterity does not pay off anything of the national debt. Each administration adds to the debt left to it, and the promise of liquidation implied in every bond issue is a false promise.
During the 2016 presidential campaign, candidate Donald Trump pledged to eliminate our national debt 'over a period of eight years.' Now two years into his administration, our national debt has increased, surpassing $21 trillion for the first time in American history.
Our national debt after all is an internal debt owed not only by the Nation but to the Nation. If our children have to pay interest on it they will pay that interest to themselves. A reasonable internal debt will not impoverish our children or put the Nation into bankruptcy.
No nation ought to be without a debt. A national debt is a national bond; and when it bears no interest, is in no case a grievance.
Our growing national debt is a threat to our national defense and to our domestic priorities, including research and development, education, health care, and investments in our economic growth.
The burden of the national debt consists not in its being so many millions, or so many hundred millions, but in the quantity of taxes collected every year to pay the interest. If this quantity continue the same, the burden of the national debt is the same to all intents and purposes, be the capital more or less.
Investing in [children] is not a national luxury or a national choice. It's a national necessity. If the foundation of your house is crumbling, you don't say you can't afford to fix it while you're building astronomically expensive fences to protect it from outside enemies. The issue is not are we going to pay - it's are we going to pay now, up front, or are we going to pay a whole lot more later on.
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.
We should balance the budget. If government programs are important enough, we need to pay for them with taxes or make cuts in lesser programs. We've lost that discipline entirely. It seems prudent to avoid the possibility that the people who own our debt will start to worry the U.S. won't pay. That would raise how much it would cost the U.S. to borrow, which in a national emergency, like a war or pandemic, could be critical.
Consider in Washington, around the country today we are talking about balanced budgets, paying down our national debt, getting the economy going, defending ourselves, activist judges. Newt Gingrich did all those things when he was speaker. We got tax relief. We got balanced budgets. We got, you know, job creation. We paid down our national debt.
If this [national Democratic Party] is a national party, sushi is our national dish. Today, our national Democratic leaders look south and say, "I see one-third of a nation and it can go to hell."
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