Alcoholics Quote by John L. Casti
“Trying to solve the problem by creating more debt is analogous to trying to stop being an alcoholic by going on a bender down at the corner bar.”
About This Quote
Source Speech: Interview on Economic Policy, 2010
Attempting to fix a problem by adding more debt mirrors treating alcoholism with more drinking, highlighting paradoxical solutions.
In simple terms: Adding debt to solve debt is like drinking more to quit drinking.
Avoid solutions that worsen the problem.
Themes
Mood
Type
When to use this quote
- budget planning
- public policy reform
- personal finance counseling
Key Concepts
Questions to Reflect On
- What underlying issue does the debt address?
- How can we break the cycle of self‑defeating policies?
Such approaches often ignore underlying causes and can exacerbate crises.