I don't mind the government accruing debts as long as…
“I don't mind the government accruing debts as long as every dollar is spent effectively with a high return. That works out fine. If you accumulate debts and waste your money, that's, of course, a disaster.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Government debt is acceptable if spent efficiently with high returns; wasteful spending creates disaster.
In simple terms: Spend debt wisely for high‑return outcomes.
Invest debt in high‑impact projects.
Themes
Mood
Type
When to use this quote
- budget planning
- infrastructure projects
- policy analysis
Key Concepts
Questions to Reflect On
- What criteria define “high return”?
- How ensure debt sustainability?
Risk of misallocation and corruption.