A national debt, if it is not excessive, will be to us a national blessing.
Debt is part of the human condition. Civilization is based on exchanges - on gifts, trades, loans - and the revenges and insults that come when they are not paid back.
In 1828 we raised the duties, on an average, to nearly fifty per cent, when the debt was on the eve of being discharged, and thereby flooded the country with a revenue, when discharged, which could not be absorbed by the most lavish expenditures.
Our government is deeply disordered; its credit is impaired; its debt increasing; its expenditures extravagant and wasteful; its disbursements without efficient accountability; and its taxes (for duties are but taxes) enormous, unequal, and oppressive to the great producing classes of the country.
Keep your debt low, and ask, Can your operational expertise make an impact? Then you're taking away a lot of the risk.
Have you noticed the debt is exploding? And it's not all because of Medicare.
No one should go into debt if a family member gets sick or injured.
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.
Mr. Obama plans to boost federal spending 25 percent while nearly tripling the national debt over 10 years. Americans know that this kind of spending will have economic consequences, including new taxes being imposed by the new progressives.
Our ministry is debt free and we have not had to beg or plead for finances.
The middle and working classes are paying the debt that the financial markets created.
Tough decisions have to be made to close our fiscal gap, stabilise our debt, and restore our state-owned enterprises to health.
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.
Pain and fear and hunger are effects of causes which can be foreseen and known: but sorrow is a debt which someone else makes for us.
While I encourage people to save 100% down for a home, a mortgage is the one debt that I don't frown upon.
God hath made it a debt which one saint owes to another to carry their names to a throne of grace.
Using taxes to punish the rich, in reality, punishes everyone because we are all interconnected. High taxes and excessive regulation and massive debt are not working.
I finished my higher education deeply in debt and with seven years of bad credit in my future.
Debt can be the most addictive thing in the universe, and it can kill you. You get used to living high off the hog. It was intoxicating.
High bankruptcy rates, increased credit card debt, and identity theft make it imperative that all of us take an active role in providing financial and economic education during all stages of one's life.