"Debt" Sayings and Quotes
Mr. Obama denounced the $2.3 trillion added to the national debt on Mr. Bush's watch as 'deficits as far as the eye can see.' But Mr. Obama's budget adds $9.3 trillion to the debt over the next 10 years. What happened to Obama the deficit hawk?
We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut goes straight to the bottom line, adds to the deficit, and the deficit adds to the national debt, and sooner or later, the debt has to be paid.
Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.
Our experience is that most entrepreneurs are able to attract debt, even for risky and early stage investments. There are investors who provide debt, but very few who fund through equity.
The iPad was my first splurge after I got my first paychecks. I paid off the debt, and I now bring the iPad with me to auditions.
The evergreen story of people in debt becomes even sexier in an economic downturn, when debts inevitably get harder to pay.