Top 1200 National Debt Quotes & Sayings - Page 3

Be careful when you take on debt. If you take on debt personally, make sure it is small. If you take on large debt, make sure someone else is paying for it.

So it’s still standing?” he managed to get out between his snickers. “I would’ve thought you two had knocked it to rubble by now. What were you doing last night? Discussing the national debt?” Emmett howled with laughter.

Let no debt remain outstanding, except the continuing debt to love another.

Debt is the secret foe of thrift, as vice and idleness are its open foes. The debt habit is the twin brother of poverty.

People think of a business cycle, which is a boom followed by a recession and then automatic stabilizers revive the economy. But this time we can't revive. The reason is that every recovery since 1945 has begun with a higher, and higher level of debt. The debt is so high now, that since 2008 we've been in what I call, debt deflation.

It is known, to the force of a single pound weight, what the engine will do; but, not all the calculators of the National Debt can tell me the capacity for good or evil, for love or hatred, for patriotism or discontent, for the decomposition of virtue into vice, or the reverse.

You're my friend, Danny. You understand? There's no debt between friends." Maybe it's just that the debt gets so high you stop counting it.

Solving a problem created by debt... by creating more debt is a fool's errand.

National education to be truly national must reflect the national condition for the time being.

A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money.

I never stopped feeling abject terror until I got on television and went on a national ad campaign and realized, "I will be able to feed my children. I have somehow averted the destiny that awaited me, which is endless, crippling debt forever."

The call for debt cancellation is welcome, but debt does not just go away.

It defies logic that protections against predatory debt collection practices don't apply to debt collectors hired by the federal government.

Bad karma is the spiritual debt one has accumulated for one's mistakes from all previous lives and this life. It includes killing, harming, taking advantage, cheating, stealing, and more. On Mother Earth, when you buy a house, you take out a mortgage from a bank. This mortgage is your debt to the bank. You pay every month for fifteen, twenty, or thirty years to clear your financial debt. In the spiritual realm, if you have bad karma, you may have to pay for many lifetimes to clear your spiritual debt.

The national debt will have increased by approximately 50% in just eight years! We will have created a new unfunded entitlement - disability and health care benefits for the huge number of disabled veterans returning from the Iraq war.

It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges, at the hands of men, who control the fictitious value of gold. Interest is the invention of Satan.

The government can reasonably rely on debt ratings when it forms programs to lend money to buyers of otherwise unattractive debt instruments.

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.

If this [national Democratic Party] is a national party, sushi is our national dish. Today, our national Democratic leaders look south and say, "I see one-third of a nation and it can go to hell."

Hudson Taylor and Charles Spurgeon believed that Romans prohibits debt altogether. However, if going into debt is always sin, it's difficult to understand why Scripture gives guidelines about lending and even encourages lending under certain circumstances. Proverbs says "the borrower is servant to the lender." It doesn't absolutely forbid debt, but it's certainly a strong warning.

Debt settlement companies work as a middleman between you and your creditor. If all goes well (and that's a big if), you should be able to settle your debts for cents on the dollar. You'll also pay a fee to the debt settlement company, usually either a percentage of the total debt you have or a percentage of the total amount forgiven.

America has had to turn to foreigners to finance its debt - not surprising since household saving in the last years has plummeted to zero. China is one of the largest holders of American debt.

If you have debt, you have to worry about it. I would challenge each of you to try to be debt-free.

Absolutely pay off credit card debt. If you're not getting a match in your 401(k) and you've got credit card debt, you've got to get yourself out of credit card debt. When you get out of credit card debt, your credit score goes up and interest starts to go down.

It was at the graduate school at Columbia University that I first met Wesley C. Mitchell, with whom I was associated for many years at the National Bureau of Economic Research and to whom I owe a great intellectual debt.

One of the key principles of Trumponomics is that faster economic growth can help solve a multitude of other social and economic problems, from poverty to inner-city decline to lowering the national debt.

I have very little debt to anybody. I don't need debt.

LFC is not servicing debt other than stadium debt.

Good debt is a powerful tool, but bad debt can kill you.

We have a media that goes along with the government by parroting phrases intended to provoke a certain emotional response - for example, "national security." Everyone says "national security" to the point that we now must use the term "national security." But it is not national security that they're concerned with; it is state security. And that's a key distinction.

After everyone has had a chance to bluster, posture, and pontificate, we are left with one basic question: under any foreseeable circumstance, would it be in our national interest to default on our debt? The answer is unequivocally no.

Not only has the debt (of our sins) been fully paid, there is no possibility of ever going into debt again.

The White House released documents it claims validates the president's (National Guard) service ... When deciphered the documents showed that in a one-year period, 1972 and 1973, Bush received credit for nine days of active National Guard service. The traditional term of service then and now for the National Guard is one weekend a month and two full weeks a year, meaning that Bush's nine-day stint qualifies him only for the National Guard's National Guard. That's the National Guard's National Guard, an Army of None.

We don't want to put up the money. We owe almost $20 trillion. Doubled since [Barack] Obama took office, our national debt.But we will get the money from Gulf states and others.

It's very painful to be in debt. I'm the kind of person who would rather almost die than go into debt.

Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending

We will find neither national purpose nor personal satisfaction in a mere continuation of economic progress, in an endless amassing of worldly goods. We cannot measure national spirit by the Dow Jones Average, nor national achievement by the Gross National Product.

I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.

The key problem is the debt restructuring in the euro zone. As long as the debt burden is not reduced, there is no chance of the weaker EU countries regaining competitiveness.

I was on the national Pentathlon team for a few years, but there was no funding for athletes in Canada. I was in a massive amount of personal debt at the age of 21, so I joined a little modelling and talent agency to get a some work, to do anything so that I didn't have to drop out of school.

The companies that provide debt, what do you think their goal is? Is their goal for you to fully understand the cost of your debt? No. So they're basically creating these approaches to make you feel like it is incredibly cheap or just to think about the cost per day rather the cost per year or cost for a lifetime. So debt is very simple mistake.

The bank's product is debt, because the banks want to make sure that they can get paid for the debt. But ultimately the only party that can pay the debt is the government, because it runs the printing presses. So the debts ultimately either are paid by the government, or they're paid by a huge transfer of property from debtors to creditors - or, the debts are written off.

On any measure, Spain's bank rescue has been a disaster. A hundred million euros have been added to the national debt, ten-year bonds are at a record high and the country's credit rating has been downgraded three notches.

How does one leave Social Security and Medicare untouched, grow defense by more than $50 billion, slash taxes, launch a $1 trillion infrastructure program - and not explode the deficit and national debt?

To be clear, aiming to reduce the national debt in the long term and running small surpluses when the economy is operating close to full capacity is what I mean when I talk about seeking to 'balance the books' - a sensible approach.

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.

Pay off your debt first. Freedom from debt is worth more than any amount you can earn.

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 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.

Most people don't know this, but if you settle a debt for less than the amount you owed, you are potentially responsible for taxes on the forgiven debt. Look at it this way: You received goods and services for the full amount of debt, but you're only paying for a portion of it - sometimes less than 50%. Anything more than $600 is generally considered taxable, but the IRS will sometimes waive the tax if you can prove that your assets were less than your liabilities when the debt was settled.

There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.

I don't understand how the Republican party is the party with the reputation for fiscal conservatism and fiscal sanity, when they're the ones who run up the debt. It was Reagan who ran up the debt and now Bush is doing it again, and in between, Clinton and Bush's father, I must say, worked so hard to get that deficit and that debt down.

Freddie Mac and Fannie Mae, although they're not officially debt of the federal government, they are off-balance-sheet debt.

Debt, grinding debt, whose iron face the widow, the orphan, and the sons of genius fear and hate; debt, which consumes so much time, which so cripples and disheartens a great spirit with cares that seem so base, is a preceptor whose lessons cannot be foregone, and is needed most by those who suffer from it most.

If you are, consolidating at a lower interest rate can help you pay off your debt faster. But if there's even a small chance that you'll spiral back into debt, it's not for you.

According to an analysis by the Tax Policy Center, Donald Trump`s tax plan is going to increase the national debt by more than 50 percent over ten years.

What God may have enabled me to do is but a repayment of debt, and he who repays a debt deserves no praise.

The amount of money coming into Washington is not a factor when the Democrats start spending it. Witness Obama. National debt doubled in eight years. It didn't matter what the tax revenue was. Didn't matter. He was gonna spend the money anyway.

What we are effectively doing, I say this to the young people of America whom my colleagues represent, is leaving our children and grandchildren the tab for fighting a war, letting them pay for the lion's share of it by simply adding it to the national debt.

My proposal is one of national reconciliation, of national pacification. I've already said this many times, but what I propose is a government that could act as a national salvation.