Adequate Quote by William McKinley

If the Nation is living within its income, its credit is good. If, in some crises, it lives beyond its income for a year…

— Franklin D. Roosevelt

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…

— Jeremy Grantham

Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you…

— Ray Dalio

A debt is just as hard for a Government to pay as it is for an individual. No debt ever comes due at a…

— Will Rogers

The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to…

— Anonymous

There are only two honest ways to reduce our debt: cut spending or raise revenues.

— Dick Durbin

Throughout history, the only way of restoring stability is to write down the debts. That is treated now as if it's something that can't…

— Michael Hudson

Pay your utilities, gas and other basic needs before paying on your debts.

— Dave Ramsey

The government can reasonably rely on debt ratings when it forms programs to lend money to buyers of otherwise unattractive debt instruments.

— Seth Klarman

The way to reduce the debt is by economic growth.

— Steve Mnuchin

Modern economies rely on debt, which encourages productivity and growth. But that system of credit requires consequences for debtors who default.

— Michael J. Knowles

How do you hold down government spending?

— Milton Friedman