Quotes About Debt

Small business owners are experiencing great uncertainty because of the possibility of tax increases, the inconsistent flow of credit, an outrageous national debt, high energy costs, and overreaching federal regulations.

Right now, I'm worth a million dollars, and I owe Uncle Sam a million-and-a-half dollars, and I made a deal with him. I said, 'Uncle Sam, I'm going to pay you 25 grand a month.'

It is my growing conviction that the Baptist churches in America are behind the age in missionary spirit. They now and then make a spasmodic effort to throw off a nightmare debt of some years' accumulation, and then sink back into unconscious repose.

Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people.

These kids understood what is not immediately obvious; that they were going to pay the bills for tax cuts that had been passed today or in the last 4 years, and for the war in Iraq, because essentially we are borrowing money to do those things.

Nationally, the share of mortgages that are underwater fell by about one-half between 2011 and 2014.

It's funny to think that when you get done with an acting job, you're considered unemployed. There are definitely times when those checks don't last forever. I went to college at a private school, and I racked up quite a bit of debt. I was very slow to pay them back.

I kept auditioning, with no savings and no money, credit card debt gaining interest. I went on unemployment. I bought ramen noodles at dollar stores. I never had to - God forbid - live on the streets.

Our nation stands at the crossroads of liberty. Crushing national debt, rampant illegal immigration, insane business regulations and staggering national unemployment are pushing our nation into unchartered territory.

For me, there will be no enemies but unemployment, the deficit, excessive debt, economic stagnation and anything else that keeps our country in these critical circumstances.

When you look what is happening in this country with the debt, the deficit, the CBO coming out and saying once again we're going to have a trillion dollar plus deficit in 2012, the fourth straight year, and unemployment may be going back up to 8.9 or maybe nine percent by the end of the year, these are serious situations that are going.

People internalize, from the jail to student loan debt, to credit card debt, to unemployment to the whole collective. It manifests itself in many ways, in people's home lives, domestic stuff.

You talk to any of the job creators, and they'll tell you one of the things that concerns them the most is the debt. And so high levels of indebtedness are going to lead to high levels of taxation, which lead to high level of unemployment.

I'm suggesting that, until America takes care of its debt, untangles the housing mess and gets unemployment under control, we all commit to working six days a week. Yep, move the standard 35-40 hour work week right up to 48 hours.

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.

One of the cruellest things of all is to have a huge deficit in this country, meaning that everyone's children will be expected to pay back for our debt today. That is unfair as well.

Of the alternatives we face in controlling long-term spending growth, moving Medicare to a voucher system seems only mildly unfortunate - and nothing as compared with a debt-driven economic crisis that could stem from inaction.

President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring.

Until you separate the speculative behaviour of the financial sector from the real economy and the financing of the real economy, then we are not going to see the kind of stability or the capacity to drive genuine, income-led growth as opposed to debt-fuelled, speculative behaviour.

Lenders look at potential borrowers from many angles before extending credit: How much of its income will a household need to put into debt repayment? How large is the down payment? Does the borrower have a job with a stable income? What is the borrower's credit score?

LFC is not servicing debt other than stadium debt.

We tell people to go to college, but when they cross the stage, they cross the stage with a degree in one hand and debt in the other that stifles their ability to be able to live that good life.

One of the greatest obstacles to escaping poverty is the staggering cost of higher education.

We have been maintaining a standard of living by putting things on the debt of the next generation.