A Quote by Stephen Moore

Borrowing isn't inherently bad; it depends a lot on what the debt is financing. — © Stephen Moore
Borrowing isn't inherently bad; it depends a lot on what the debt is financing.
There can be no freedom or beauty about a home life that depends on borrowing and debt.
The roots of the crisis in East Asia were in private sector decisions. The biggest problems were the misallocation of investment, most notably to speculative real estate, and risky financing, especially borrowing short-term debt on international markets.
Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I'm the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.
Long term debt and bank debt (including off-balance sheet financing must be judiciously employed. There must be room to expand the debt position if required.
When our markets work, people throughout our economy benefit - Americans seeking to buy a car or buy a home, families borrowing to pay for college, innovators borrowing on the strength of a good idea for a new product or technology, and businesses financing investments that create new jobs.
Public control of the political process requires public financing. The restoration of our American Democracy depends upon public financing.
It is true that globalization has fueled greater income inequality. But much of this increase should be welcomed, not condemned. There is nothing inherently bad about inequality. Whether it is bad depends on how it comes about and what it does.
A debt is just as hard for a Government to pay as it is for an individual. No debt ever comes due at a good time. Borrowing is the only thing that seems handy all the time.
To have a healthy culture, you have to have stable health care financing and stable arts financing and stable sports financing, and if you don't have that, your culture becomes a parking lot.
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.
The things to watch are whether the country's borrowing costs are rising, whether its budgetary allotment for payments on the debt is increasing, and whether it is spending on good priorities. Those big, scary debt numbers are not as big and scary as they used to be.
I have younger friends who are in this pinch where they feel they've been counted out before they've had a chance to prove themselves. They've inherited a lot of debt - not just student debt but environmental debt, political debt. They really feel squeezed.
Among my friends love is a payment. It is an old debt for a borrowing foolishly spent.
Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt.
You can argue about violence. It's destructive, but people are inherently violent in a lot of ways. Abusing drugs is always bad for people and bad for society, but the whole notion of festival is tied up with intoxication.
There's also consumer debt, the credit card debt that burdens many of the working families in America. Yes, we talk about national debt, and we're paying a lot down. But you're fixing to hear me tell you part of the remedy for people who have got a lot of credit card debt is to make sure people get some of their own money back.
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