--- title: "Meaning & Key Takeaway of: A debt is just as hard for a Government…" description: "\"A debt is just as hard for a Government to pay as it is for an individual. No debt ever comes due at a good time. Borrowing is the only thing that seem..." image: "https://sms4smile.com/quotes/i/cbe/will-rogers-272_borrowing_a-debt-is-just-as-hard-for-a-government_530396.jpg" --- # A debt is just as hard for a Government to pay as it is… ![“A debt is just as hard for a Government to pay as it is for an individual. No debt ever comes due at a good time. Borrowing is the only thing that seems handy all the time.” quote by Will Rogers](https://sms4smile.com/quotes/i/cbe/will-rogers-272_borrowing_a-debt-is-just-as-hard-for-a-government_530396.jpg) [Download](https://sms4smile.com/quotes/i/cbe/will-rogers-272_borrowing_a-debt-is-just-as-hard-for-a-government_530396.jpg) [Open image](https://sms4smile.com/quotes/i/cbe/will-rogers-272_borrowing_a-debt-is-just-as-hard-for-a-government_530396.jpg) > “A debt is just as hard for a Government to pay as it is for an individual. No debt ever comes due at a good time. Borrowing is the only thing that seems handy all the time.” [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) ## 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 as burdensome as personal debt, often arriving at inconvenient times, making borrowing a seemingly perpetual solution. **In simple terms:** Debt hurts both governments and individuals. Key Takeaway Plan finances wisely. Themes economics debt government finance Mood cautious pragmatic Type educational advisory When to use this quote - personal budgeting - policy making - investment decisions Key Concepts fiscal responsibility borrowing cycles financial planning Questions to Reflect On - How can societies mitigate debt timing issues? A Different Perspective Is borrowing ever truly beneficial? ★ ★ ★ ★ ★ No ratings yet [Borrowing](https://sms4smile.com/quotes/about/borrowing/) [Good times](https://sms4smile.com/quotes/about/good-times/) [Government](https://sms4smile.com/quotes/about/government/) [Individual](https://sms4smile.com/quotes/about/individual/) [Politics](https://sms4smile.com/quotes/about/politics/) [Time](https://sms4smile.com/quotes/about/time/) ## Related quotes > [Our whole Depression was brought on by gambling, not in the stock market alone but in expanding and borrowing and going in debt... all…](https://sms4smile.com/quotes/will-rogers/our-whole-depression-was-brought-on-by-gambling-not-in-the-stock/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [Worry is interest paid in advance on a debt that never comes due…](https://sms4smile.com/quotes/david-mamet/worry-is-interest-paid-in-advance-on-a-debt-that-never-comes-due/) [David Mamet](https://sms4smile.com/quotes/author/david-mamet/) > [Worry is like interest paid in advance on a debt that never comes due.](https://sms4smile.com/quotes/anonymous/worry-is-like-interest-paid-in-advance-on-a-debt-that-never-comes-due/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Love is free in this world, so do not let it become debt just evil.](https://sms4smile.com/quotes/meicee/love-is-free-in-this-world-so-do-not-let-it-become-debt-just-evil/) Meicee > [“I can always tell which ones are serious and which aren’t. There’s something in their voices that communicates passion and conviction when they’re really…](https://sms4smile.com/quotes/dave-ramsey/i-can-always-tell-which-ones-are-serious-and-which-aren-t-there-s/) [Dave Ramsey](https://sms4smile.com/quotes/author/dave-ramsey/) > [Even if you feel like your debt is just never going to go away, think long and hard before declaring bankruptcy. Declaring bankruptcy means…](https://sms4smile.com/quotes/alexa-von-tobel/even-if-you-feel-like-your-debt-is-just-never-going-to-go-away-think/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [What is debt anyway? A debt is just the perversion of a promise. It is a promise corrupted by both math and violence.](https://sms4smile.com/quotes/david-graeber/what-is-debt-anyway-a-debt-is-just-the-perversion-of-a-promise-it-is/) [David Graeber](https://sms4smile.com/quotes/author/david-graeber/) > [Yes, it is long past time we get serious about tackling the nation's ever-growing deficits. But the average American family drawn into serious debt…](https://sms4smile.com/quotes/peter-welch/yes-it-is-long-past-time-we-get-serious-about-tackling-the-nation-s/) [Peter Welch](https://sms4smile.com/quotes/author/peter-welch/) > [A debt ... is just an exchange that has not been brought to completion.](https://sms4smile.com/quotes/david-graeber/a-debt-is-just-an-exchange-that-has-not-been-brought-to-completion/) [David Graeber](https://sms4smile.com/quotes/author/david-graeber/) > [Refinancing doesn't reduce your debt, it just restructures it, so be clear about what you want to achieve with a refi.](https://sms4smile.com/quotes/barbara-corcoran/refinancing-doesn-t-reduce-your-debt-it-just-restructures-it-so-be/) [Barbara Corcoran](https://sms4smile.com/quotes/author/barbara-corcoran/) > [“The debt we owe our parents can never be squared, and jolly good too, because doing so would threaten to nullify all relationship, all…](https://sms4smile.com/quotes/robert-rowland-smith/the-debt-we-owe-our-parents-can-never-be-squared-and-jolly-good-too/) [Robert Rowland Smith](https://sms4smile.com/quotes/author/robert-rowland-smith/) > [Debt is not just a money thing. It's about owing and being owed. Money is just one thing you can exchange. You can exchange…](https://sms4smile.com/quotes/margaret-atwood/debt-is-not-just-a-money-thing-it-s-about-owing-and-being-owed-money/) [Margaret Atwood](https://sms4smile.com/quotes/author/margaret-atwood/) > [When Americans think of college these days, the first word that often comes to mind is 'debt.' And from 'debt' it's just a short…](https://sms4smile.com/quotes/james-surowiecki/when-americans-think-of-college-these-days-the-first-word-that-often/) [James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/) > [Thousands of Ohio families are going deeper and deeper in debt just trying to pay their heating bills, fill prescriptions, and buy groceries. The…](https://sms4smile.com/quotes/sherrod-brown/thousands-of-ohio-families-are-going-deeper-and-deeper-in-debt-just/) [Sherrod Brown](https://sms4smile.com/quotes/author/sherrod-brown/) > [Unless we are holding ourselves accountable day in, day out, not just when there's a crisis for folks who have power and influence and…](https://sms4smile.com/quotes/barack-obama/unless-we-are-holding-ourselves-accountable-day-in-day-out-not-just/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) ## More by Will Rogers > [She was so ugly she could make a mule back away from an oat bin.](https://sms4smile.com/quotes/will-rogers/she-was-so-ugly-she-could-make-a-mule-back-away-from-an-oat-bin/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [We are always saying: Let the Law take its Course but what we really mean is: Let the Law take OUR Course.](https://sms4smile.com/quotes/will-rogers/we-are-always-saying-let-the-law-take-its-course-but-what-we-really/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [The Democrats and the Republicans are equally corrupt where money is concerned. It's only in the amount where the Republicans excel.](https://sms4smile.com/quotes/will-rogers/the-democrats-and-the-republicans-are-equally-corrupt-where-money-is/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [Farmers, get out your sense of humor. Congress meets to relieve you again next week.](https://sms4smile.com/quotes/will-rogers/farmers-get-out-your-sense-of-humor-congress-meets-to-relieve-you/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [Politicians, after all, are not over a year behind public opinion.](https://sms4smile.com/quotes/will-rogers/politicians-after-all-are-not-over-a-year-behind-public-opinion/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [American invents everything, but the trouble is we get tired of it the minute the new is wore off.](https://sms4smile.com/quotes/will-rogers/american-invents-everything-but-the-trouble-is-we-get-tired-of-it-the/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [I don't know what humor is.](https://sms4smile.com/quotes/will-rogers/i-don-t-know-what-humor-is/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [There are two things I don't care how smart you are, you will never understand. One is an alienist's testimony, and the other is…](https://sms4smile.com/quotes/will-rogers/there-are-two-things-i-don-t-care-how-smart-you-are-you-will-never/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [The more you observe politics, the more you've got to admit that each party is worse than the other.](https://sms4smile.com/quotes/will-rogers/the-more-you-observe-politics-the-more-you-ve-got-to-admit-that-each/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [I don't think you can make a lawyer honest by an act of legislature. You've got to work on his conscience. And his lack…](https://sms4smile.com/quotes/will-rogers/i-don-t-think-you-can-make-a-lawyer-honest-by-an-act-of-legislature/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [There are two theories to arguing with a woman. Neither works.](https://sms4smile.com/quotes/will-rogers/there-are-two-theories-to-arguing-with-a-woman-neither-works/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [America is a great country, but you can't live in it for nothing.](https://sms4smile.com/quotes/will-rogers/america-is-a-great-country-but-you-can-t-live-in-it-for-nothing/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [There ought to be one day - just one - when there is open season on senators.](https://sms4smile.com/quotes/will-rogers/there-ought-to-be-one-day-just-one-when-there-is-open-season-on/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [Every Gag I tell must be based on truth. No matter how much I may exaggerate it, it must have a certain amount of…](https://sms4smile.com/quotes/will-rogers/every-gag-i-tell-must-be-based-on-truth-no-matter-how-much-i-may/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [So live that you would not mind selling your pet parrot to the town gossip](https://sms4smile.com/quotes/will-rogers/so-live-that-you-would-not-mind-selling-your-pet-parrot-to-the-town/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) [Explore all 776 Will Rogers quotes ](https://sms4smile.com/quotes/author/will-rogers/) ## More Borrowing quotes > [I would borrow money all day long, if the cost of borrowing is less than the expected return.](https://sms4smile.com/quotes/brad-schneider/i-would-borrow-money-all-day-long-if-the-cost-of-borrowing-is-less/) [Brad Schneider](https://sms4smile.com/quotes/author/brad-schneider/) > [ When the fountains of government \[borrowing\] abundance began to dry up, when through lack of funds and the impossibility of negotiating fresh loans the… ](https://sms4smile.com/quotes/john-t-flynn/when-the-fountains-of-government-borrowing-abundance-began-to-dry-up/) [John T. Flynn](https://sms4smile.com/quotes/author/john-t-flynn/) > [By taking out a loan, I am committing myself to years of interest repayments, and therefore to years of wage slavery. And the UK…](https://sms4smile.com/quotes/tom-hodgkinson/by-taking-out-a-loan-i-am-committing-myself-to-years-of-interest/) [Tom Hodgkinson](https://sms4smile.com/quotes/author/tom-hodgkinson/) > [Perhaps art criticism cannot be reformed in a logical sense because it was never well-formed in the first place. Art criticism has long been…](https://sms4smile.com/quotes/james-elkins/perhaps-art-criticism-cannot-be-reformed-in-a-logical-sense-because/) [James Elkins](https://sms4smile.com/quotes/author/james-elkins/) > [It’s always going to be easy to live like others or other’s life, because creating or innovating something of own is always difficult in…](https://sms4smile.com/quotes/anuj/it-s-always-going-to-be-easy-to-live-like-others-or-other-s-life/) [Anuj](https://sms4smile.com/quotes/author/anuj/) > [A poet ought not to pick nature's pocket. Let him borrow, and so borrow as to repay by the very act of borrowing. Examine…](https://sms4smile.com/quotes/samuel-taylor-coleridge/a-poet-ought-not-to-pick-nature-s-pocket-let-him-borrow-and-so-borrow/) [Samuel Taylor Coleridge](https://sms4smile.com/quotes/author/samuel-taylor-coleridge/) > [Several southern actors are coming to Mumbai. Likewise, many Bollywood actors are appearing down South or borrowing ideas from southern films.](https://sms4smile.com/quotes/ram-charan/several-southern-actors-are-coming-to-mumbai-likewise-many-bollywood/) [Ram Charan](https://sms4smile.com/quotes/author/ram-charan/) > [As for borrowing Mr. Whistler's ideas about art, the only thoroughly original ideas I have heard him express have had reference to his own…](https://sms4smile.com/quotes/oscar-wilde/as-for-borrowing-mr-whistler-s-ideas-about-art-the-only-thoroughly/) [Oscar Wilde](https://sms4smile.com/quotes/author/oscar-wilde/) > [Saints and ordinary folks are the same from the start. Inquiring about a difference is like asking to borrow string when you've got a…](https://sms4smile.com/quotes/hsu-yun/saints-and-ordinary-folks-are-the-same-from-the-start-inquiring-about/) Hsu Yun > [Borrowing money on what's called 'easy terms,' is a one-way ticket to the Poor House. If you think it ain't a Sucker Game, why…](https://sms4smile.com/quotes/will-rogers/borrowing-money-on-what-s-called-easy-terms-is-a-one-way-ticket-to/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [What I'm concerned about is endless borrowing, which is going to compromise our economy not only today but in the future. Because we know…](https://sms4smile.com/quotes/paul-ryan/what-i-m-concerned-about-is-endless-borrowing-which-is-going-to/) [Paul Ryan](https://sms4smile.com/quotes/author/paul-ryan/) > [Debt is a bottomless sea.](https://sms4smile.com/quotes/anonymous/debt-is-a-bottomless-sea/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [There is a big problem. The problem is the country borrowed too much. We went on a borrowing binge, there was a housing boom.…](https://sms4smile.com/quotes/george-osborne/there-is-a-big-problem-the-problem-is-the-country-borrowed-too-much/) [George Osborne](https://sms4smile.com/quotes/author/george-osborne/) > [Debtor countries may postpone the inevitable by borrowing from the IMF or U.S. Treasury to buy out bondholders. This saves the latter from taking…](https://sms4smile.com/quotes/michael-hudson/debtor-countries-may-postpone-the-inevitable-by-borrowing-from-the/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) > [We do not project power from bankruptcy court. We're borrowing a million dollars a minute.](https://sms4smile.com/quotes/rand-paul/we-do-not-project-power-from-bankruptcy-court-we-re-borrowing-a/) [Rand Paul](https://sms4smile.com/quotes/author/rand-paul/) [Browse all 303 Borrowing quotes ](https://sms4smile.com/quotes/about/borrowing/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "A debt is just as hard for a Government to pay as it is for an individual. No debt ever comes due at a good time. 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