A Quote by Thomas Jefferson

The multiplication of public offices, increase of expense beyond income, growth and entailment of a public debt are indications soliciting the employment of the pruning knife.

Thomas Jefferson

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Beyond Debt Employment Expense Growth Income Increase Knife Multiplication Offices Pruning Public Public Office

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Thomas Jefferson
American - President
April 13, 1743 - July 4, 1826

I am for a government rigorously frugal & simple, applying all the possible savings of the public revenue to the discharge of the national debt; and not for a multiplication of officers & salaries merely to make partisans, & for increasing, by every device, the public debt, on the principle of its being a public blessing.

Thomas Jefferson

We can applaud the state lottery as a public subsidy of intelligence, for it yields public income that is calculated to lighten the tax burden of us prudent abstainers at the expense of the benighted masses of wishful thinkers.

Willard Van Orman Quine

There's an argument that private debt, in some way, is creating indentured servants in our country. But public debt does not do that. In fact, public debt does the exact opposite - it relieves private debt.

Sam Seder

A society - any society - is defined as a set of mutual benefits and duties embodied most visibly in public institutions: public schools, public libraries, public transportation, public hospitals, public parks, public museums, public recreation, public universities, and so on.

Robert Reich

The public psychology of going into debt for gain passes through several more or less distinct phases: (a) the lure of big prospective dividends or gains in income in the remote future; (b) the hope of selling at a profit, and realizing a capital gain in the immediate future; (c) the vogue of reckless promotions, taking advantage of the habituation of the public to great expectations; (d) the development of downright fraud, imposing on a public which had grown credulous and gullible.

Irving Fisher

There are but two ways of paying debt: Increase of industry in raising income, increase of thrift in laying out.

Thomas Carlyle

Higher projected corporate and personal income tax receipts and lower public debt charges.

Ralph Goodale

It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.

Warren Buffett

At the time we were funding our national debt, we heard much about "a public debt being a public blessing"; that the stock representing it was a creation of active capital for the aliment of commerce, manufactures and agriculture. This paradox was well adapted to the minds of believers in dreams.

Thomas Jefferson

Once we considered education a public expense; we know now that it is a public investment.

Lyndon B. Johnson

When gross public debt exceeds 90 percent of GDP, economic growth tends to decline considerably.

Kevin McCarthy

Public opinion: May it always perform one of its appropriate offices, by teaching the public functionaries of the State and of the Federal Government, that neither shall assume the exercise of powers entrusted by the Constitution to the other.

James K. Polk

I go on the principle that a public debt is a public curse and in a republican government more than in any other.

James Madison

I think we should, as the public sector or politicians, stop creating an illusion that it is the public sector that drives growth and jobs. It is not. It is the private sector that does it. There is no growth without entrepreneurship.

Alexander Stubb

Student debt in the US has exploded in the past decade. One of the reason is that the private costs of attending college have risen sharply, with public higher education funding having been cut sharply. Average public funding per student was 15 percent lower in 2015 than in 2008, and 20 percent lower than in 1990. The burden of the public funding cuts has been worsened by the stagnation of average family incomes. By 2014, this figure had nearly doubled, to 35 percent of median household income.

Robert Pollin

...let us save what remains; not by vaults and locks which fence them from the public eye and use in consigning them to the waste of time, but by such a multiplication of copies, as shall place them beyond the reach of accident.

Thomas Jefferson

A Quote by Thomas Jefferson

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