“You, like many people, have more debt than you want. This is a lot more common than you think. If doesn't matter if you have a lot of income or a little. If you spend more than you make, you will sink into debt.”
Sandra Langton
“I just can't see going into more debt for a recreation center. There's needs, wants and desires, and we need to take care of the needs. I think it's foolish to have more debt.”
George Stewart
“Solvency is maintained by means of a national debt, on the principle, ''If you will not lend me the money, how can I pay you?”
Ralph Waldo Emerson
“I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.”
Thomas Jefferson
“Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people”
Wendell Phillips
“I go on the principle that a public debt is a public curse, and in a Republican Government a greater curse than any other”
James Madison
“Bad debt is debt that is used to enhance consumption.”
Gary Schatsky
