If our nation goes over a financial Niagara we won't have much strength and eventually we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years we will be spending more on interest payments than on national security. That is not as our military friends say a 'robust strategy.'
But if our nation goes over a financial Niagara we won't have much strength and eventually we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years we will be spending more on interest payments than on national security. That is not as our military friends say a 'robust strategy.'
That's the real secret to job creation - not borrowing and spending more money in Washington.
Don't cling to fame. You're just borrowing it. It's like money. You're going to die and somebody else is going to get it.
If borrowing and spending all this money led to more jobs than we would be at full employment already.
A poet ought not to pick nature's pocket. Let him borrow and so borrow as to repay by the very act of borrowing. Examine nature accurately but write from recollection and trust more to the imagination than the memory.
Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt.
Whether they run a record company or a grocery store every boss will tell you you're in big trouble if you're borrowing more than you can ever afford to pay back. Delaying the pain for future generations is suicidal. We've got to start getting the deficit down right now not next year.
The debt-ceiling vote isn't about what will be done in the future it is about the integrity of America's commitment to support the bonds we issue. Elected officials have an obligation to maintain that integrity regardless of whether they voted for the programs that required the borrowing in the first place.
The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesn't sound kosher. Because it isn't.
What I'm concerned about is endless borrowing which is going to compromise our economy not only today but in the future. Because we know the decisions we make right now really dramatically impact us in the future and the debt is literally getting out of our control.
But because we in the United States finance our current account deficit by borrowing in our own currency we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.
As I have said for many years throughout this land we're borrowing money from China to buy oil from the Persian Gulf to burn it in ways that destroy the future of human civilization. Every bit of that has to change.
I borrowed my friend's car the other day in an attempt to persuade my husband that we needed a car and literally this is true in the first day of borrowing the car I got three tickets and I rear-ended it.
Borrowing knowledge of reality from all sources taking the best from every study Science of Mind brings together the highest enlightenment of the ages.
It's necessary to start most work alone. But I'm tickled to death when I can pull somebody in or join someone whether it's borrowing poetry or traveling with an associate.
What I'm not saying is that all government spending is bad. It's not - far far from it but there is no free lunch as a former colleague of mine used to say. There is no public tooth fairy. Father Christmas does not work on the Treasury staff this year. You can never bail someone out of trouble without putting someone else into trouble.