"If our nation goes over a financial Niagara,……" — Mitch Daniels

"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.'"

— Mitch Daniels

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55 Quotes by Mitch Daniels

Mitch Daniels has 55 quotes on this site. A few more worth reading:

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More Borrowing Quotes

This quote is filed under Borrowing Quotes, one of 175 quotes in that category. Here are a few more:

God lends a helping hand to the man who tries hard. — Aeschylus
Well, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you… — Michael Bloomberg
Don't cling to fame. You're just borrowing it. It's like money. You're going to die, and somebody else is going… — Sonny Bono
Ideas excite me, and as soon as I get excited, the adrenaline gets going and the next thing I know… — Ray Bradbury
Heaven lent you a soul, Earth will lend a grave. — Christian Nestell Bovee
Viewed from a distance, or through the eye of the All-Knowing CEO of the Universe, the crash of 2008 followed… — James Buchan
Poetry is the art of substantiating shadows, and of lending existence to nothing. — Edmund Burke
My mother goes crazy over babies. Some people just do. They love 'em! I never have. Babies scare me more… — Margaret Cho
Islam in its origins is just as shady and approximate as those from which it took its borrowings. It makes… — Christopher Hitchens
Who goes a-borrowing goes a-sorrowing. — Thomas Tusser
Don't borrow money from a neighbor or a friend, but of a stranger where, paying for it you shall hear… — William Cecil, 1st Baron Burghley
It is a very good world to live in, To lend or to spend, or to live in; but to… — John Wilmot

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