#debt

When I was a youngster growing up in South Dakota, we never referred to the national debt, it was always referred to as the war debt because it stemmed from World War I. ↗

— George McGovern

#because #dakota #debt #growing #growing up

Environmental concern is a little like dieting or paying off credit-card debt - an episodically terrific idea that burns brightly and then seems to fade when we realize there's a reason we need to diet or pay down our debt. The reason is that it's really, really hard, and too many of us in too many spheres of life choose the easy over the hard. ↗

— Jon Meacham

#burns #choose #concern #debt #diet

Eurobonds are absolutely wrong. In order to bring about common interest rates, you need similar competitiveness levels, similar budget situations. You don't get them by collectivizing debts. ↗

— Angela Merkel

#absolutely #bring #budget #common #competitiveness

It is day after day in this institution, borrow money, run up the debt, run up the deficits and then with a straight face say, we are going to repeal a tax that affects 1 percent of the American people, just 1 percent of the American people. ↗

— Richard Neal

#after #american #american people #borrow #day

Obama has been perhaps the most partisan President since Truman. He hasn't learned to be civil - note his insulting speech to Paul Ryan, who did us the courtesy of scoring a budget. The president has to talk to Republicans when it comes to the debt ceiling. He has reached the debt ceiling before anyone expected. ↗

— Grover Norquist

#been #before #budget #ceiling #civil

Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy. ↗

— Frances O'Grady

#balance #before #britain #cards #case

The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. America has a debt problem and a failure of leadership. Americans deserve better. I, therefore, intend to oppose the effort to increase America's debt. ↗

— Barack Obama

#better #debate #debt #debt limit #deserve

I found this national debt, doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office. ↗

— Barack Obama

#bow #debt #doubled #found #i

This country owes them all a debt of gratitude. The down payment on that debt is making sure that we live up to Lincoln's charge: to care for him who shall have borne the battle, and for his widow, and his orphan. ↗

— Dave Obey

#borne #care #charge #country #debt

Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged in bankruptcy. It is the Velcro of all debts. ↗

— Suze Orman

#debt #debts #discharged #even #extreme