A Quote by Murray Rothbard

The ingenious slogan that the public debt does not matter because 'we owe it to ourselves' is clearly absurd. — © Murray Rothbard
The ingenious slogan that the public debt does not matter because 'we owe it to ourselves' is clearly absurd.
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.
From the Left comes the proposition that, given the slow economy, we should defer attending to the problem of mounting obligations - and the truly delusional idea that growing federal debt doesn't matter because we owe most of it to ourselves.
When we talk about the minimum wage, we have to ask ourselves what it is that we owe both our workers and employers. I think clearly we owe them fairness.
No one can obtain felicity by pursuit. This explains why one of the elements of being happy is the feeling that a debt of gratitude is owed, a debt impossible to pay. Now, we do not owe gratitude to ourselves. To be conscious of gratitude is to acknowledge a gift.
Above all, recognize that if you have had success, you have also had luck — and with luck comes obligation. You owe a debt, and not just to your Gods. You owe a debt to the unlucky.
The UFC does not owe me a thing. Nothing. I am in debt to them.
Pain and sorrow and misery have a right to our assistance: compassion puts us in mind of the debt, and that we owe it to ourselves as well as to the distressed.
I have, of all the inglorious things, a malignant hemorrhoid. What color bracelet does one wear for that? And where does one wear it? And what slogan is apropos? Perhaps that slogan can be sewn in needlepoint around the ruffle on a cover for my embarrassing little doughnut buttocks pillow.
No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable. ... Cherish public credit. One method of preserving it is to use it as sparingly as possible: avoiding occasions of expence (and) avoiding likewise the accumulation of debt ... not ungenerously throwing upon posterity the burthen which we ourselves ought to bear.
We owe it to the fans and we owe it to ourselves to give it everything we have to try and put ourselves in the playoffs.
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.
That feelings of love and hate make rational judgments impossible in public affairs, as in private affairs, we can clearly enough see in others, though not so clearly in ourselves.
My mother was being hounded by a debt collector over a debt that she didn't owe, and she eventually just paid it because she wanted the calls to stop. I was very surprised. It sounded so strange. I started poking around on the Internet and found this was extremely common.
The charge is prepared; the lawyers are met; The judges all ranged (a terrible show!) I go, undismay'd. For death is a debt, A debt on demand. So take what I owe.
This absurd, godless world is, then, peopled with men who think clearly and have ceased to hope. And I have not yet spoken of the most absurd character, who is the creator.
I like ornament at the right time, but I don't want a poem to be made out of decoration ... When I read the poems that matter to me, it stuns me how much the presence of the heart-in all its forms-is endlessly available there. To experience ourselves in an important way just knocks me out. It puzzles me why people have given that up for cleverness. Some of them are ingenious, more ingenious than I am, but so many of them aren't any good at being alive.
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