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"You cannot spend your way out of recession or borrow your way out of debt."

Daniel Hannan, British Politician

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"You cannot spend your way out of recession or borrow your way out of debt."

Exlpore more Debt quotes

"The debt they ran up in the first year of the Obama administration is bigger than the last four years of the Bush combined."

Mitch McConnell, American Politician

Debt, First, Years

"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."

Rutherford B. Hayes, American President

Debt, Man, State

"A true lover always feels in debt to the one he loves."

Ralph W. Sockman, American Leader

"We all think we're going to get out of debt."

Louie Anderson, American Comedian

"Have you noticed the debt is exploding? And it's not all because of Medicare."

Ron Paul, American Politician

"Thousands of Ohio families are going deeper and deeper in debt just trying to pay their heating bills, fill prescriptions, and buy groceries. The current minimum wage is simply not enough."

Sherrod Brown, American Politician

Debt, Trying, Wage

"I spend my life constantly calling in 'imaginary' debts that aren't owed to me in order to avoid the 'real' debts that I owe to others, and so everybody ends up bankrupt."

Craig D. Lounsbrough, American Author

Debt, Truth, Regret, Wisdom, Power

"Education: A debt due from present to future generations."

George Peabody, American Businessman

Debt, Future, Generations, Present

"When a person's debt increases a lot, at first he will feel he wants to pay it all back, later he will think, 'Why give back?' That spoils from within. We should not sign from within."

Dada Bhagwan, Indian Spiritual Leader

Debt, Regret, Truth, Wisdom, Life

"Debt, n. An ingenious substitute for the chain and whip of the slavedriver."

Ambrose Bierce, American Journalist

Explore more quotes by Daniel Hannan

"Political reporters no longer get to decide what's news. The days when a minister gave briefings to a dozen lobby correspondents, and thereby dictated the next day's headlines, are over. Now, a thousand bloggers decide for themselves what is interesting. If enough of them are tickled then, bingo, you're news."

Media, Day, News, Now

"You cannot spend your way out of recession or borrow your way out of debt."

"The U.S. states that allow for citizens' initiatives tend to have fewer laws and lower taxes than the ones that don't. But the beauty of the system is that it encourages the spread of best practice."

Beauty, Laws, Practice, States

"When you repeat, in that wooden and perfunctory way, that our situation is better than others, that we're 'well-placed to weather the storm', I have to tell you that you sound like a Brezhnev-era apparatchik giving the party line."

Politics, Giving, Party, Sound, Weather

"Prime Minister, I see you've already mastered the essential craft of the European politician, namely, the ability to say one thing in this chamber and a very different thing to your home electorate."

"The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around 20,000 pounds. Servicing the interest on that debt is going to cost more than educating the child."

Money, Truth, Negative, Country

"You cannot carry on forever squeezing the productive bit of the economy in order to fund an unprecedented engorgement of the unproductive bit."

"A trillion here, a trillion there and pretty soon you're talking about real money."

Money, Pretty, Talking

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