John C. Calhoun Quotes

The main purpose of Social Security is to redistribute wealth, to make an increasingly large number of Americans dependent on government for their basic needs in their retirement years.

We have mountain of debt that isn't going away and all the problems are here to stay, and anybody who tells you that is a good thing ought to get out of the business of helping the government down the road.

The tendency of taxation is to create a class of persons who do not labor, to take from those who do labor the produce of that labor, and to give it to those who do not labor.

Social Security is stealing—from those who earned the money to others who didn’t.

To add current expenses of the Government to the national debt ... and thereby pass the current cost of government to the next generation is not only bad financing but very bad statesmanship.

government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.

One of the cruellest things of all is to have a huge deficit in this country, meaning that everyone's children will be expected to pay back for our debt today. That is unfair as well.

The biggest debt is always the government debt; it's always debt that government has run up on your behalf.

I refer to the debt - the new red menace. This time consisting of ink.

The greatest threat to our national security is our debt. We borrow a million dollars a minute.

A debt is just as hard for a Government to pay as it is for an individual. No debt ever comes due at a good time. Borrowing is the only thing that seems handy all the time.

Basically, if you're a young Canadian now and Trudeau puts this country into $1.5 trillion in debt, you will never have the opportunity that I had as a young Canadian.

When any welfare scheme is being proposed, its political sponsors always dwell on what a generous and compassionate government should pay to Paul; they neglect to mention that this additional money must be seized from Peter.

Public debt [is] a burden on all the people.

The church, the state, and the poor, are 3 daughters which we should maintain, but not portion off.

The problem is that the way [President] Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion dollars for the first 42 presidents - number 43 added $4 trillion dollars by his lonesome - so that we now have over $9 trillion dollars of debt that we are going to have to pay back. [That's] $30,000 for every man, woman and child. That's irresponsible. It's unpatriotic.

Debts are a heavy burden. Throw them off, and you walk free.

If you take from the most wealthy and give to the least wealthy, it's good. It tries to balance out.

All loans, in the eyes of honest borrowers, must eventually be repaid. All credit is debt. Proposals for an increased volume of credit, therefore, are merely another name for proposals for an increased burden of debt. They would seem considerably less inviting if they were habitually referred to by the second name instead of by the first.

We came out of the White House not only dead broke, but in debt.

Now people are worried not about the prospects of buying new things, but about how to pay for the things they bought yesterday, a year ago or years before. It is, as Americans like to say, "a wholly different kind of ball-game".

I think for a lot of young people there is a sense that maybe the future is not going to be everything it was held out to be, especially if they're coming out with a lot of student debt.

The war being waged against the radical imagination, particularly around young people, is just startling. Young people are laboring under a burden of debt that so ties them to a survivalist mode of existence that it's impossible for them to dream anymore. Trying to recognize what the forces are that actually squelch the imagination is a lot more interesting to me than people who go and "find themselves" because they're no longer on the grid.

Debt is like any other trap, easy enough to get into, but hard enough to get out of.

The immense and ever increasing sums which the state wrings from the people are never enough for it; it mortgages the income of future generations, and steers resolutely toward bankruptcy.