A Quote by George Osborne
We can help people. We have got to move this economy from its over-dependence on debt. People should have manageable debts, a manageable mortgage.
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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.
The debt austerity would not be problems if we had technological progress. If you doubled the debt in the U.S., and the size of the economy doubled because of technological progress and growth, the two would roughly cancel out and it would all be a totally manageable situation.
We are living in a time where we just don't have enough time. People are rushed. They're over worked, over scheduled. Not enough resources. ...But the thing that I want people to understand in this campaign is that families can make small manageable changes in their lives that can have pretty significant impacts.
The same with the mortgage brokers that were selling people mortgages they couldn't afford. We shouldn't pay them on each mortgage they write. They should have what they call "skin in the game," where they've got to reimburse us if the guy who sold the mortgage defaults.
I came of age when jobs were plentiful and college not exorbitantly expensive. I graduated with debt, but it was manageable, and I set off to do something I loved - journalism.
If you have a sane economy, and by sane economy I mean one which is not addicted to debt, not a Ponzi economy, then the change in debt each year should contribute a minor amount to demand. Therefore, if you tried to correlate debt to the level of unemployment you would not find much of a correlation. Unfortunately that is not the economy we live in.
I had about four days of like, 'Pity party, woe is me, it's all over.' Then I did some research and spoke with doctors and got in contact with people who have MS, and I soon realized it's actually a lot more manageable than the kind of public perception of it is, and that's part of the reason why I've been so outspoken about it.
Near-term deficits are temporary and manageable if - and only if - we keep spending in check, the tax burden low and the economy growing.
So let us persevere. Peace need not be impracticable, and war need not be inevitable. By defining our goal more clearly, by making it seem more manageable and less remote, we can help all peoples to see it, to draw hope from it, and to move irresistibly toward it.
Debt vultures are really the scum at the bottom of the pond. These are guys who buy up the debts of the world's poorest countries on the secondary market. You can go buy debts of a country like Peru, for example, at a real discount. Why? Because people think that the debts won't be repaid.
We are pretty tough in saying for example if you've got unsecured debts and less than £25,000 that should not be an excuse for repossessing someone's home.That should not be allowed.You have got to help manage people through this process. I don't want to pretend that it is going to be easy getting out of Gordon Brown's hole.
I realize that in a happy life, making your bed should play a very small part, I don't know why this is so helpful to people getting started on a happiness project, but for some reason, making your bed - it's concrete, it's manageable. There's a big difference between having a bed that's unmade and a bed that's made. That little bit of outer order in people's lives seem to help them get started. So, that's a very small thing that you can do.
We have to be pretty tough with mortgage companies and say you have got to give people the chance to work out their debts, sort out future mortgages.
Lack of prayer says you've brought into the lie that life is manageable and you've got everything under control
Because microfinance is so manageable in terms of the size of the loan, people have made it the cornerstone to lifting women out of poverty.
Everything has two handles; the one soft and manageable, the other such as will not endure to be touched. If then your brother do you an injury, do not take it by the hot hard handle, by representing to yourself all the aggravating circumstances of the fact; but look rather on the soft side, and extenuate it as much as is possible, by considering the nearness of the relation, and the long friendship and familiarity between you--obligations to kindness which a single provocation ought not to dissolve. And thus you will take the accident by its manageable handle.
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