Public debt quotes:

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A public debt is a public curse. -- James Madison
Higher projected corporate and personal income tax receipts and lower public debt charges. -- Ralph Goodale
When gross public debt exceeds 90 percent of GDP, economic growth tends to decline considerably. -- Kevin McCarthy
To date, every American citizen has nearly $27,000 in public debt riding on our backs. -- Paul Gillmor
The ingenious slogan that the public debt does not matter because 'we owe it to ourselves' is clearly absurd. -- Murray Rothbard
The fore horse of this frightful team is public debt. Taxation follow that, and in its turn wretchedness and oppression. -- Thomas Jefferson
The unjustified swelling of the budgetary deficit and the accumulation of public debts are just as destructive as adventurous stock-jobbing. -- Vladimir Putin
I, place economy among the first & most important republican virtues, & public debt as the greatest of the dangers to be feared -- Thomas Jefferson
I go on the principle that a public debt is a public curse and in a republican government more than in any other. -- James Madison
The budget should be balanced, the treasury should be refilled, the public debt should be reduced and the arrogance of public officials should be controlled. -- Ross Perot
The multiplication of public offices, increase of expense beyond income, growth and entailment of a public debt are indications soliciting the employment of the pruning knife. -- Thomas Jefferson
It is true that in the meantime we are suffering deeply in spirit, and incurring the horrors of a war and long oppressions of enormous public debt. -- Thomas Jefferson
The budget should be balanced, the treasury refilled, public debt reduced, the arrogance of officialdom tempered and controlled, and the assistance to foreign lands curtailed, lest Rome become bankrupt. -- Marcus Tullius Cicero
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. -- George Washington
A public debt is a kind of anchor in the storm; but if the anchor be too heavy for the vessel, she will be sunk by that very weight which was intended for her preservation. -- Charles Caleb Colton
Government bonds have basically been sold in the domestic market, so there is some sense of stability, but the amount of public debt is really severe... Japan must manage its finances with a sense of urgency. -- Yoshihiko Noda
Italy has piled up huge public debt because the successive governments were too close to the life of ordinary citizens, too willing to please the requests of everybody, thereby acting against the interests of future generations. -- Mario Monti
No measure can be more desirable, whether viewed with an eye to its intrinsic importance, or to the general sentiment and wish of the Nation than to establish a systematic and effectual arrangement for the regular redemption and discharge of the public debt. -- George Washington
The United States has already passed on as the world's economic leader. Having flouted Thomas Jefferson for too long, America has succumbed to public debt, the 'fore horse for oppression and despotism,' after which 'taxation will follow, and in its train wretchedness and oppression. -- Ilana Mercer
Having seen the people of all other nations bowed down to the earth under the wars and prodigalities of their rulers, I have cherished their opposites, peace, economy, and riddance of public debt, believing that these were the high road to public as well as private prosperity and happiness. -- Thomas Jefferson
The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance. -- Taylor Caldwell
The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced. If the nation doesn't want to go bankrupt, people must again learn to work, instead of living on public assistance. -- Taylor Caldwell
At the time we were funding our national debt, we heard much about "a public debt being a public blessing"; that the stock representing it was a creation of active capital for the aliment of commerce, manufactures and agriculture. This paradox was well adapted to the minds of believers in dreams. -- Thomas Jefferson
I am for a government rigorously frugal & simple, applying all the possible savings of the public revenue to the discharge of the national debt; and not for a multiplication of officers & salaries merely to make partisans, & for increasing, by every device, the public debt, on the principle of its being a public blessing. -- Thomas Jefferson
You go public because you want access to capital in the form of debt and equity. -- Barry Sternlicht
I grew up middle class. My father was a public functionary who didn't leave an inheritance, just debts. -- Sebastian Pinera
Public borrowing is costly these days, true, but interest rates on municipal bonds are still considerably lower than those borne by corporate debt. -- Thomas Frank
I have no illusions about my art. I am what the public made me and, consequently, I am not likely to forget my debt to them. -- Conrad Veidt
My greatest debt will always be to the movie-going public of yesterday and today, without whose love and devotion I would have had no story to tell. -- Gloria Swanson
Allowing a private rather than a public entity to take over your toll road merely means that your tolls will have to be that much higher to cover their more expensive debt. -- Thomas Frank
They have seized upon the government by bribery and corruption. They have made speculation and public robbery a science. They have loaded the nation, the state, the county, and the city with debt. -- Denis Kearney
Student loan debt is the reason I don't advise students who want to become entrepreneurs to apply to elite, expensive colleges. They can be as successful if they go to a relatively inexpensive public college. -- Vivek Wadhwa
Households and businesses cut expenses every day. Passing a financial down payment alongside the debt limit sends the right message to the public, and gives members of Congress greater comfort, or cover, depending on your perspective. -- John Sununu
The federal government now spends one of every four dollars in the entire economy. It borrows one of every three dollars it spends. No nation, no entity, large or small, public or private, can thrive, or survive intact, with debts as huge as ours. -- Mitch Daniels
Sound public finances are the essential foundation on which to construct a better-balanced economy from the wreckage of Labour's boom and bust. But it is economic growth that will create the jobs and the prosperity for the future and enable us to pay down Labour's debt. -- Philip Hammond
The amount of U.S. debt held by countries such as China and Japan is at a historic high, with foreign investors holding half of America's publicly held debt. This dependence raises the specter that other nations will be able to influence our policies in ways antithetical to American interests. -- Evan Bayh
The whole student loan thing drives me completely nuts. If it wasn't possible for 18-year-olds to sign themselves up for tens of thousands of dollars in debt in order to pay their college bills, the state governments wouldn't have found it so politically easy to cut taxpayer support for public colleges and universities. -- Gail Collins
As an economist specializing in the global economy, international trade and debt, I have spent most of my career helping others make big decisions - prime ministers, presidents and chief executives - and so I'm all too aware of the risks and dangers of poor choices in the public as well as the private sphere. -- Noreena Hertz
Public debt [is] a burden on all the people. -- Calvin Coolidge
I have a plan to make tuition debt-free for public colleges and universities. -- Hillary Clinton
By making this wine known to the public, I have rendered my country as great a service as if I had enabled it to pay back the national debt. -- Thomas Jefferson

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