Quotes About Debt

President Obama has almost doubled our national debt to more than $19 trillion, and growing. And yet, what do we have to show for it? Our roads and bridges are falling apart, our airports are in Third World condition, and forty-three million Americans are on food stamps.

The number of jobs created under President Barack Obama's stimulus turned out to be fewer than the number we would have had if the government had done nothing - according to the Obama administration's own analysis. So we got $9 trillion of debt with almost nothing to pay for it.

Kids of the 1980s and 1990s have had a new, huge, financially catastrophic demand on their meager post-recession earnings, too: a trillion dollars of educational debt. About a quarter of Gen Xers who went to college took out loans to do so, compared with half of Millennials.

The immediate effect of the deficit is to make you feel good, like when you go on a trip and pay later. You feel good, and then you get a hangover. The deficit makes you feel good - until you pay later.

I don't want to drive the markets crazy. I don't want to create trouble, but rather order and rules and norms. We have to struggle against financial excesses, those who speculate with sovereign debt, those who develop financial products which have done so much harm.

You cannot keep out of trouble by spending more than you earn.

Indebted countries can only grow out of their debt troubles through strong economic growth; austerity measures alone cannot work. It is imperative to engage in deep structural reform to spur growth.

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.

When Trump lied and claimed credit for 'the greatest economy in the history of our country,' even though it wasn't, and even though he inherited a strong economy, and goosed it up with trillions of dollars in debt, it didn't matter to most people.

People want what they want. And I guess that is a reason we have this big credit card problem and a lot of these foreclosures.

There is a big problem. The problem is the country borrowed too much. We went on a borrowing binge, there was a housing boom. You want to help people de-leverage and deal with those debts over time.

The first thing baseball wants to do is make you a superstar and then say that you owe baseball something. I don't owe baseball anything. Baseball owes me.

I would use the debt limit. I don't want to say - I want to be unpredictable, because, you know, we need unpredictability. Everything is so predictable with our country.

I don't need debt. And if I need debt, if I want debt, I can get it from banks in New York City very easily.

He had been born into debt, as had his father and his father before him. Indenture and slavery were two words for the same thing.

Do not believe I now owe you, slave." "You will discover," the slave said, moving past the warrior, "that the notion of debt is not so easily denied.

A criminal history was like a credit card with interest—so what if you paid off the balance, the interest still kept accruing. And accruing and accruing and accruing.

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.

Debt is a social and ideological construct, not a simple economic fact.

Because Social Security has not contributed to our debt, Americans should be skeptical of any politician who says that benefits Americans have earned must be reduced in order to address our national debt.

Many of my 20- and 30-something peers struggle with student loan debt and high rent, and more than once, I've erupted in laughter at the idea that I will collect any Social Security in my Betty White years.

Having money didn't make me less of a socially incapable loser; it just made me a socially incapable loser who wasn't in debt.

I had bill collectors chasing me. We were skipping from town to town, not leaving forwarding addresses. The agent couldn't find me when he sold my book. He finally found me.

You know, we've got to be responsible about our debt. We don't want the United States to ever be a dead beat, and not be able to pay its bills, either to our soldiers who are fighting or to Social Security recipients.