Curse Quote by James Madison

I go on the principle that a public debt is a public curse, and in a Republican Government a greater curse than any other.

— James Madison

I go on the principle that a public debt is a public curse and in a republican government more than in any other.

— James Madison

Public debt [is] a burden on all the people.

— Calvin Coolidge

I regret, as much as any member, the unavoidable weight and duration of the burdens to be imposed; having never been a proselyte to…

— James Madison

The fore horse of this frightful team is public debt. Taxation follow that, and in its turn wretchedness and oppression.

— Thomas Jefferson

“For Madison, on the other hand, “a Public Debt is a Public curse,” and “in a Representative Government greater than in any other.”26”

— Joseph J. Ellis

Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people.

— Wendell Phillips

The ingenious slogan that the public debt does not matter because 'we owe it to ourselves' is clearly absurd.

— Murray Rothbard

Debt has become a part of who we are.

— Dave Ramsey

At the time we were funding our national debt, we heard much about "a public debt being a public blessing"; that the stock representing…

— Thomas Jefferson

There's an argument that private debt, in some way, is creating indentured servants in our country. But public debt does not do that. In…

— Sam Seder

Income is sucked upward to the creditors, who then foreclose on the assets of debtors. This shrinks tax revenue, forcing public budgets into deficit.…

— Michael Hudson