Borrowing Quotes

Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt.

We believed it was better to pay as you go than it was to pay your bills by borrowing and laying up debts for another day. To pay as you go, that policy is a safer business policy and a saner business policy, and we thought it was a saner national policy.

But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.

And if you are a parent, introduce your children to their neighborhood library. It will give them a real sense of independence to have their own library card and enjoy borrowing books.

Borrowing and spending is not the way to prosperity.

If borrowing and spending all this money led to more jobs than we would be at full employment already.

Let us not bankrupt our todays by paying interest on the regrets of yesterday and by borrowing in advance the troubles of tomorrow.

If our nation goes over a financial Niagara, we won't have much strength and, eventually, we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years, we will be spending more on interest payments than on national security. That is not, as our military friends say, a 'robust strategy.'