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Despite all the hoopla - despite all the umpa - after 5 years of UDP mismanagement, corruption, and incompetence, we have sunk deeper into debt of $2.4 billion: some $200 million deeper in debt.
The thing is, Obama is right that it would be a calamity for the government to default on its debt by not meeting its obligations. Such a thing has never happened and can't be allowed to happen.
We tell people to go to college, but when they cross the stage, they cross the stage with a degree in one hand and debt in the other that stifles their ability to be able to live that good life.
Washington's insatiable desire to spend our children's inheritance on failed stimulus plans and other misguided economic theories have given record debt and left us with far too many unemployed.
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.
They have seized upon the government by bribery and corruption. They have made speculation and public robbery a science. They have loaded the nation, the state, the county, and the city with debt.
The transaction cost approach maintains that some projects are easy to finance by debt and ought to be financed by debt. These are projects for which physical-asset specificity is low to moderate.
A sagging economy, a soaring national debt, and an increasingly restive Congress pushed Obama to order troop reductions that are both deeper and faster than recommended by his military commanders.
We have to make it easier to afford to go into education in the first place, so you don't leave with crippling debt that you never have a chance to pay back because you're not making enough money.
Without true medical liability reform, our doctors will continue to leave, and young doctors coming out of medical school $100,000 to $200,000 in debt will not be able to afford such onerous costs.
It is better to have a plain, substantial building, with no extravagance about it, but without a debt, than to have the most splendid specimen of Gothic architecture that is overlaid by a mortgage.
Social Science … led us to the fallacy that, since all men have their being in culture and as a result of culture, they owe a debt to that culture which even a lifetime of altruism could not repay.
The idea that debt is necessary for trade, and has to be forgiven, is consequent to the rise of a market economy. The idea that debt is wrong and should be punished is a feature of a moral economy.
I had a lot of college debt. It's very difficult to go to a university that is as expensive as Stanford and then blindly follow your passions when they don't immediately make money out of the gate.
Our efforts in Congress should focus on what we can agree on: investing in the success of local entrepreneurs to create jobs, helping hard-working families get ahead and reducing our spiraling debt.
None of the problems that caused the crises in Europe and America have been resolved. They have been delayed and expanded by more debt and more money printing and will lead to more and worse crises.
There is a big problem. The problem is the country borrowed too much. We went on a borrowing binge, there was a housing boom. You want to help people de-leverage and deal with those debts over time.
You know those movies where the people in the audience are screaming, 'Don't go in that door!' because you know the killer is there? Well, it is the same thing with this debt. We know how this ends.
Being a Russian oligarch these days isn't easy. The best and brightest of them are in exile or in jail; others, after feasting on leverage during the commodities boom, now have tummies full of debt.
The truth is we need to build an economy going forward with all of us, when we all move forward and the payment of a national debt is not the responsibility of one group of Americans versus another.
Crippling student loan debt doesn't just affect those who took out loans to get an education. It harms all of us because we can't have a healthy economy without a strong middle class to stimulate it.
I'm constantly questioning the effects technology has had on our lives and the effect that monetary debt has had on all of us. We keep this as a dark little secret: 'This is how much interest I owe.'
My grandmother told me: 'Never be in debt to anyone or anything.' Which is probably why I've never been financially extravagant - I still go to Costco. I'm always conscious of living within my means.
It doesn't worry me a bit that China and Japan hold so much US debt. In a way, it seems foolish for them to do it because they get lower returns than they might elsewhere. But that is their business.
Basically, Herman van Rompuy wants the European Union to become a debt union, which may be acceptable to some of the southern countries who are effectively bust. To the northern countries, it is not.
We owe Christ to the world--to the least person and to the greatest person, to the richest person and to the poorest person, to the best person and to the worst person. We are in debt to the nations.
Graduating business school, I had $150,000 of debt. An investment firm offered me a steady job, but it didn't feel right. It was 2007 in Silicon Valley, and I dreamed of starting an Internet company.
We see young men who owe us a new world, so readily and lavishly they promise, but they never acquit the debt; they die young anddodge the account: or if they live, they lose themselves in the crowd.
College students today are drowning in debt, and it is hurting them and hurting our economy. We must find a way to help families pay for college without condemning them to a lifetime of indebtedness.
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.
There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth.
I kept auditioning, with no savings and no money, credit card debt gaining interest. I went on unemployment. I bought ramen noodles at dollar stores. I never had to - God forbid - live on the streets.
I would vote to increase the debt limit if there was a corresponding level of cuts. And if there was some serious talk about a balanced budget amendment, which we as governors always had to deal with.
I think if we can get people focused to do what we need to do to keep our kids from being stuck with this debt that they didn't accrue, you might be surprised at how far we can move this conversation.
When Americans think of college these days, the first word that often comes to mind is 'debt.' And from 'debt' it's just a short hop to other unpleasant words, like 'payola,' 'kickback,' and 'bribery.'
The banks' product is debt. They try to tell customers that "debts are good for you," but the customers can't afford any more debt, so there's no way the banks can continue their current business plan.
'Harry Potter' created a generation of readers in an era when kids could have disappeared into the depths of the Internet. That's no small feat. Every book series owes J.K. Rowling a debt of gratitude.
All we're getting from the Democratic majority in Congress and from this White House is more bailouts, more spending, more planned stimulus, more deficits and debt, and the American people have had it.
The Nobel Prize, so long regarded in our science as the highest reward a man's work can earn, must bring to its recipient a most solemn sense of his debt to his fellow scientists and those of the past.
I fight for the things that I care about, which are jobs and the economy. I fight for the things I think are important, which are reducing the debt and getting more companies to come to South Carolina.
Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged in bankruptcy. It is the Velcro of all debts.
These subsidies from four European governments, which include aircraft launch assistance, capital injections, debt forgiveness, have enabled Airbus to develop and range market airliners well below cost.
High bankruptcy rates, increased credit card debt, and identity theft make it imperative that all of us take an active role in providing financial and economic education during all stages of one's life.
Whether we are working to pay off student loans, credit card debt, paying for elder or childcare, or even trying to save for retirement, the idea of the American dream still remains just that - a dream.
We need to focus on getting people back to work, focus on jobs, the economy, the debt and the spending. That's what will improve the quality of life for American families and for hard-working taxpayers.
I am the product of the American education system. It is a system that has always been on the lookout for bright boys and girls. It spotted me when I was 14, and I owe a tremendous debt to my alma mater.
Consciously or subconsciously, we become slaves to debt and social obligation. As a result, we end up more committed to the minutia and less in tune with the bigger picture: our deepest sense of purpose.
I am perfectly happy to compromise and work with anybody. Republicans, Democrats, Libertarians. I’ll work with Martians. If — and the if is critical — they're willing to cut spending and reduce the debt.
How does one leave Social Security and Medicare untouched, grow defense by more than $50 billion, slash taxes, launch a $1 trillion infrastructure program - and not explode the deficit and national debt?
To think of the myriad ways that we live is to think of the ways that we die: Delinquent in our brains, in debt-- If we settle, then, our due account and walk through the forest, Will we finally be free?