A Quote by Franklin D. Roosevelt
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.
Quote Topics
Quote Author
Related Quotes
This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation. Medicare and Social Security go bankrupt within ten years, we have a debt that is looming so high that in the last year of President Obama's budget just the interest payments on our debt is $916 billion dollars.
Right now, a majority of the debt is owed to foreign interests, Japan being the largest purchaser of government debt today, soon to be surpassed by China as the number one purchaser of our debt in this Nation.
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.
We have to have an aggressive, long-term plan to tackle our nation’s debt, but attempting to balance the budget on the backs of veterans who have risked life and limb in service of our country is unacceptable. I believe we can and should work together to find reasonable and common-sense cuts that will reduce our debt, but as a generation of warriors returns from two wars, our most solemn responsibility is to make sure they have the care and benefits they have earned.
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.
But with respect to future debt; would it not be wise and just for that nation to declare in the constitution they are forming that neither the legislature, nor the nation itself can validly contract more debt, than they may pay within their own age, or within the term of 19 years.
Both parties recognize the fundamental danger the country's debt poses to our nation's future, but President Obama's policies have not reflected that reality. By the end of his first term, his administration will have nearly doubled our public debt.
First, pay off your high-interest-rate debt. If you have student loan debt - that's low interest rate; that has a tax benefit - you can leave that out. A mortgage can be an OK one. Credit card debt is poison. That needs to be paid off right away.
Now we are raising the debt limit 3 times, up to $8 trillion, so that our children and our grandchildren will have to pay for the cost of our expenditures.
It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to pay the aggrieved party may seize on the property belonging to the other, its citizens or subjects, sufficient to pay the debt without giving just cause of war.
Our debt to our men and women in uniform is eternal, always will be. To all of those who have served our nation, I say so strongly that I will never, ever let you down.
There is a lot of fiscal conservatives in the United States senate that didn't vote for that because we understand that national security spending is not the reason why we have a debt. Our debt is being driven by the way Social Security, Medicare, and Medicaid and, by the way, the interest on the debt is structured in the years to come.
Our platform calls for a balanced deficit reduction plan where the wealthy pay their fair share. And when your country is in a costly war, with our soldiers sacrificing abroad and our nation facing a debt crisis at home, being asked to pay your fair share isn't class warfare - it's patriotism.
Tomorrow, our nation will sit on the throne of the world... Tomorrow we will lead the world, Allah willing. Apologize today, before remorse will do you no good. Our nation is moving forwards, and it is in your interest to respect a victorious nation.
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.
An example of good debt is the debt on the apartment houses I own. That debt is good only as long as there are tenants to pay my mortgages. If tenants stop paying their rent, my good debt turns into bad debt.
Related Authors
Abraham Lincoln Quotes
American
President
Barack Obama Quotes
American
President
Donald Trump Quotes
American
President
Dwight D. Eisenhower Quotes
American
President
George W. Bush Quotes
American
President
George Washington Quotes
American
President
James Madison Quotes
American
President
Joe Biden Quotes
American
President
John F. Kennedy Quotes
American
President
Mike Pence Quotes
American
President
Ronald Reagan Quotes
American
President
Theodore Roosevelt Quotes
American
President
Thomas Jefferson Quotes
American
President
Vladimir Putin Quotes
Russian
President
William J. Clinton Quotes
American
President
Woodrow Wilson Quotes
American
President