Warren Buffett Quotes

We all have to resist the temptation to finance growth with increased debt yet again.

You can't borrow your way to prosperity.

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.

Defaulting on our [national] debt is defaulting on America.

The fact is, we'll never build a lasting economic recovery by going deeper into debt at a faster rate than we ever have before.

We have weakened our economy in America. We need a strong economy.

Our balanced budget has an important psychological function. It is a signal that we can't continue to constantly take on debt.

We must stop spending money that we just don't have. Historic debt leads to historic tax increases, which stifle job growth.

There is no practice more dangerous than that of borrowing money

When you get the economy growing, that's when you can deal with the national debt.

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

The Government has to stop borrowing as much money; if we don't, quite frankly New Zealand will be downgraded and interest rates will go up for all New Zealanders.

I have spoken about deficits, and I think deficits are important because they address broad economic and financial stability. We need to talk about that.

What Africa needs to do is to grow, to grow out of debt.

When you're the president of the United States and you know that the biggest issue facing you is this cliff that we're about ready to head over if we don't get this spending and debt situation under control, it's very irresponsible not to take the action that is necessary to fix the problem.

Nobody wants to put the creditworthiness of the United States in jeopardy. Nobody wants to see the United States default. So we've got to seize this moment, and we have to seize it soon.

You can't fuel real economic growth with indiscriminate credit. You can only fuel it with well-allocated, long-term investment.

I will work to restore fiscal responsibility to our country's budget and to provide for a more robust economy.

I was quite ready to accept certain restrictions on the United States. After all, there was a great dollar shortage. It was quite clear that the more prosperous Europe became, the more business there would be in the United States.

Not even a superpower can hold onto its economic sovereignty if it fails to get its fiscal house in order, and no one needs a well-regulated international economic order more than the United States.

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.

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.

The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution.

You know, we've got to be responsible about our debt. We don't want the United States to ever be a dead beat, and not be able to pay its bills, either to our soldiers who are fighting or to Social Security recipients.

Let every man, every corporation, and especially let every village, town, and city, every county and State, get out of debt and keep out of debt. It is the debtor that is ruined by hard times.