Will Rogers Quotes

America knows it has got to deal with its deficit problems so that it, too, can promise it is making its proper and best contributions to the world economy.

American economic history does not support the idea that a strong economy depends on chronic federal borrowing.

Budget consolidation and economic growth are two sides of the same coin.

It took the first 204 years of our Nation's history to accumulate $1 trillion in debt. And now we are doing that every 2 or 3 years.

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.

Well, I think what we need to remember is that budget deficits can impede economic activity.

I've got a chart here that shows our debt-to-GDP ratio. And while we did run deficits in the past, we now number our debt in trillions rather than in billions. And I think that represents a long-term danger, especially to the, the American dream.

If we don't get a grip on government spending, there will be no growth.

There is a limit to how much the United States Treasury can borrow.

Our present financial condition is without parallel in history. No nation has ever before been embarrassed from too large a surplus in its Treasury.

The best deficit reduction program is a growing economy.

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.

A public debt is a public curse and in a representative government greater than any other.

A national debt is the price of liberty.

Fiscal discipline can turn the economy around.

The question of how to structure our nation's financial system arose in the early years of the republic.

I have never yet had anyone who could, through the use of logic and reason, justify the Federal Government borrowing the use of its own money. I believe the time will come when people will demand that this be changed. I believe the time will come in this country when they will actually blame you and me and everyone else connected with the Congress for sitting idly by and permitting such an idiotic system to continue.

The Obama administration's large and sustained increases in debt raise the specter of another financial crisis and large future tax increases, further chilling business investment and job creation.

Look, I don't dispute that the deficit has increased.

At this time - we're in a dramatic crisis - euro bonds are precisely the wrong answer. They lead us into a debt union, not a stability union. Each country has to take its own steps to reduce its debt.

If Congress wanted to intervene with the Federal Reserve, well, we created the Federal Reserve. We could uncreate it. But would you want Congress regulating the money supply? We'd have drowned in inflation, or gone bankrupt, decades ago.

I don't think the deficit of the country is a Republican issue or a Democratic issue. I think it's a country issue. I don't think worrying about the reindustrialization of America is a Republican or Democratic issue.

I am not worried about the deficit. It is big enough to take care of itself.

Well obviously the economy is critical to everything we do and we need to get the economy back in shape, the deficit down, the debt paid off, so that the economy can grow again and grow properly.

The truth is that the United States doesn't need, and shouldn't have, a debt ceiling. Every other democratic country, with the exception of Denmark, does fine without one.