Quotes about Inherited Debt

Richard Lamm

We have been maintaining a standard of living by putting things on the debt of the next generation.

Mark Kirk

Every American born today owes $43,000 to the federal government the day she or he is born. And we are transferring a tremendous amount of debt to the new generation, much of it owed to overseas creditors who expect to be repaid by our children with interest.

John Kasich

Don’t pass unpaid bills onto your kids.

John Smith

Fatherless children were left in little better condition than slaves, for if their Parents die in debt, their children are made bondmen till the debt be discharged.

Negro Chattel Slavery was not the only disgraceful practice in early America. The “Debt” was the money owed to the Company with the franchise for the colony. The company paid for the passage from England and some necessities for the colonists. The parents had various ways of repaying the debt when they settled in America. However if the parents died, the children would be indentured to pay the debt of the parents.

Barack Obama

I found this national debt, doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office.

Maya Angelou

Each of you, descendant of some passed on traveler, has been paid for.

Don Marquis

We pay for the mistakes of our ancestors, and it seems only fair that they should leave us the money to pay with.

Bruce Springsteen

You're born into this life paying for the sins of somebody else's past.

Nassim Nicholas Taleb

The grandchildren should not bear the debts of the grandparents.

Inherited Debt Quotes