National Debt Quotes - Page 4

• Posterity does not pay off anything of the national debt.  Each administration adds to the debt left to it, and the promise of liquidation implied in every bond issue is a false promise.

  Frank Chodorov

  Issues, Promise, Doe

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• When George Bush came into office, we had surpluses. And now we have half-a-trillion-dollar deficit annually. When George Bush came into office, our national debt was around $5 trillion. It's now over $10 trillion. We've almost doubled it.

  Barack Obama

  Money, Office, Dollars

  "Transcript of second McCain, Obama debate". edition.cnn.com. October 7, 2008.

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• The National Debt is a very Good Thing and it would be dangerous to pay it off for fear of Political Economy.

  W. C. Sellar

  Political, Debt, Pay

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• In FY 2006, interest payments alone on the national debt cost us $406 billion. . . . What a waste. . . . That $406 billion is pathetically squandered on interest, just because we lacked the discipline to pay our bills when due.

  Bill Press

  Discipline, Political, Cost

  Bill Press (2008). “Trainwreck: The End of the Conservative Revolution (and Not a Moment Too Soon)”, p.192, John Wiley & Sons

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• His presidency ended more than a decade ago, but politicians, Democrat and Republican, still talk about Ronald Reagan. Al Gore has an ad noting that in Congress he opposed the Reagan budget cuts. He says that because Bill Bradley was one of 36 Democratic Senators who voted for the cuts. Gore doesn’t point out that Bradley also voted against the popular Reagan tax cuts and that it was the tax cuts that piled up those enormous deficits, a snowballing national debt.

  Bruce Morton

  Cutting, Debt, Bills

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• The unthinkable is that we're distorting this atmospheric balance. We're shifting the chemical balance so that we have more poisons in the atmosphere - ozones and acid rain on ground level - while we're also changing the thermal climate of the earth through the greenhouse effect and - get this - simultaneously causing destruction of our primary filter of ultraviolet light. It's incredible. Talk about the national-debt crisis - we're piling up debts in the atmosphere, and the piper will want to be paid.

  Michael Oppenheimer

  Rain, Ozone, Light

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• The best thing we can do for family values is to repeal the income tax. Then families will have the resources they need to implement their own values - and not those of the politicians. With the income tax gone, families will no longer be forced to have two breadwinners by necessity. Children will be raised better, family values will predominate, and crime will diminish. If your local school indoctrinates your child with values that are alien to you, you'll have the money to buy a private education.

  Harry Browne

  Children, School, Two

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• The national debt is totally unlike a family budget for about a gazillion reasons, not the least of which being that families cannot raise money by fiat or deflate the size of their debt unilaterally and that family members die instead of existing infinitely.

  Matt Taibbi

  Family, Debt, Size

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• The only difference between a cult and a religion is the amount of real estate they own” “Stupidity has a certain charm - ignorance does not” “My best advice to anyone who wants to raise a happy, mentally healthy child is: Keep him or her as far away from a church as you can” “It would be easier to pay off the national debt overnight than to neutralize the long-range effects of our national stupidity” “Communism doesn't work because people like to own stuff.

  Frank Zappa

  Children, Real, Ignorance

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• What were you two doing last night, discussing the national debt?

  Stephenie Meyer

  Night, Two, Debt

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• Donald Trump got himself very far to the left. When he was considering running for president in 2000, he was for a 13 percent wealth tax on wealthy people to retire the national debt.

  Chris Hayes

  Running, People, President

  Source: www.msnbc.com

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• 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.

  Donald Trump

  Office, Debt, Want

  Source: time.com

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• 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

  America, People, Cards

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• Obama seemed poised to realign American politics after his stunning 2008 victory. But the economy remains worse than even the administration's worst-case scenarios, and the long legislative battles over health care reform, financial services reform and the national debt and deficit have taken their toll. Obama no longer looks invincible.

  Dee Dee Myers

  Taken, Worst Case Scenario, Long

  "Romney's unlikely role model" by Dee Dee Myers, www.politico.com. October 24, 2011.

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• Donald Trump refused to outline a health care plan. And they just kind of moved on, instead of pressing him on it. He gave a ridiculous answer on the national debt. And they moved on without pressing him on it. No other candidate could have gotten away with that. So, I think there's a weird bias here in the media rooting for Donald Trump, because they know he's the easiest Republican to beat.

  Marco Rubio

  Thinking, Media, Moved On

  Source: www.cbsnews.com

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• The only way to reduce our national debt is to grow the economy and cut spending. We have no idea how our money is being spent. As president, I will move all agencies to zero-based budgeting so that every agency has to justify every dollar that they spend.

  Carly Fiorina

  Zero, Moving, Cutting

  "Carly Fiorina Answers 12 Christian Post Questions for Every Presidential Candidate". Interview with Napp Nazworth, www.christianpost.com. January 4, 2016.

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• We ought to pay down the national debt, ... The American people are tired of people who make promises about cutting taxes that they cannot keep.

  John McCain

  Tired, Cutting, People

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• On a nationwide basis, I would guess that the various churches would have to pay annually an amount at least equal to the national debt. But it's impossible for me to make an exact estimate, because the churches hide their wealth in every way they can - deliberate falsification as to the value of property, registering it under phony names in order to obscure the fact that the Church owns the property.

  Madalyn Murray O'Hair

  Order, Names, Church

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• Obama and his Democrats need to be placed on the defensive. They are the primary drivers of this spending; they are the obstructers of entitlement reform and the national debt continues to burn while they fiddle.

  David Limbaugh

  Reform, Needs, Debt

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• I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.

  Andrew Jackson

  Wisdom, Country, Believe

  Andrew Jackson, Sam B. Smith, Harriet Fason Chappell Owsley, Harold D. Moser (1996). “The Papers of Andrew Jackson: 1821-1824”, p.399, Univ. of Tennessee Press

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• Our forefathers made one mistake. What they should have fought for was representation without taxation.

  Fletcher Knebel

  Mistake, Should Have, Political

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• I pledge that I have no intention of raising taxes in my second term.

  William J. Clinton

  Stupid, Humorous, Political

  "Putting People On", reason.com. November 1, 1996.

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• It's a game. We tax lawyers teach the rich how to play it so they can stay rich-and the IRS keeps changing the rules so we can keep getting rich teaching them.

  John Grisham

  Teaching, Games, Play

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• The nation ought to have a tax system which looks like someone designed it on purpose.

  William E. Simon

  Political, Looks, Purpose

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• Your profits are going to be cut down to a reasonably low level by taxation. Your income will be subject to higher taxes. Indeed in these days, when every available dollar should go to the war effort, I do not think that any American citizen should have a net income in excess of $25,000 per year after payment of taxes.

  Franklin D. Roosevelt

  War, Cutting, Thinking

  Roosevelt, Franklin D. (1950). “Public Papers of the Presidents of the United States: F.D. Roosevelt, 1942, Volume 11”, p.232, Best Books on

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