Quotes about Debt

No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable. ~Message to the House of Representatives, 3 December 1793

However much such loans may temporarily relieve the situation, the Government is still indebted for the amount of the surplus thus accrued, which it must ultimately pay, while its ability to pay is not strengthened, but weakened by a continued deficit.

There can be no time, no state of things, in which Credit is not essential to a Nation.

If I went in debt a million dollars every time I committed genocide, I'd be our economy.

Naturally the U.S. trails in gold medals because every time we win one, we hand it over to the Chinese to pay off our debt.

Whoever has lived long enough to find out what life is, knows how deep a debt of gratitude we owe to Adam, the first great benefactor of our race. He brought death into the world.

Whatever I was, I owed to my family and to all those who struggled with me. But my biggest debt I owed to my wife. She was the one who gave my life meaning. All I could pledge to her, and to all those millions, was that I would do all I could to justify the faith that she, and they, had in me. I would try more than ever to make my life one of which she, and they, could be proud. I would do in private that which I knew my public responsibility demanded.

When I treat other people with kindness and love, it is part of my way of paying my debt to God and the world for the privilege of living on this planet.

Once again, the 90/10 rule of money applies - 10% of the borrowers in the world use debt to get richer - 90% use debt to get poorer.

I am quite likely to re-act to the opposite extreme - to feel rapturously that the world is beautiful and mere existence something to thank God for. I suppose our 'blues' are the price we have to pay for our temperament. 'The gods don't allow us to be in their debt.' They give us sensitiveness to beauty in all its forms but the shadow of the gift goes with it.

Not only has the debt (of our sins) been fully paid, there is no possibility of ever going into debt again.

God sees your sin as a debt you can't pay. There is no point in asking you to. To think that being good will somehow makes you square with God would be like Allie promising to clean up her room after being confronted with the damage she did to my car. Cleaning up her room doesn't pay me back. It's a nice gesture, but it doesn't fix my car.