A Quote by Tom Hodgkinson

Both on an individual and a national scale, debt imprisons.

Tom Hodgkinson

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Both Debt Individual National Scale

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Tom Hodgkinson
British - Writer
Born: 1968

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.

Ed Schultz

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.

Thomas Paine

Georgian architecture respected the scale of both the individual and the community.

Stephen Gardiner

The U.S. has a law on the books called the debt limit, but the name is misleading. The debt limit started in 1917 for the purpose of facilitating more national debt, not reducing it. It still serves that purpose. It's unconnected to spending, hurts our credit rating and has been an abject failure at limiting debt.

David Malpass

National progress is the sum of individual industry, energy, and uprightness, as national decay is of individual idleness, selfishness, and vice.

Samuel Smiles

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.

Seth Moulton

No other country in the world imprisons so many of its racial or ethnic minorities. The United States imprisons a larger percentage of its black population than South Africa did at the height of apartheid

Michelle Alexander

Our national debt poses a threat to all Americans and is particularly troublesome both for well-established businesses and for those seeking to enter into the marketplace.

Alan Patricof

Our leaders pay lip service to the freedoms that democracy provides while actually supporting an economic structure that imprisons its citizens under more and more debt.

Jacque Fresco

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.

George W. Bush

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.

Marco Rubio

Counting obligations under Medicare and Social Security, the real debt of the United States is more than 10 times the reported national debt.

Addison Wiggin

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

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.

Thomas Paine

A sagging economy, a soaring national debt, and an increasingly restive Congress pushed Obama to order troop reductions that are both deeper and faster than recommended by his military commanders.

Ron Fournier

A national debt, if it is not excessive, will be to us a national blessing.

Alexander Hamilton

A Quote by Tom Hodgkinson

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