Synonyms for Public debt:

Famous quotes with Public debt

• To date, every American citizen has nearly $27,000 in public debt riding on our backs.

  Paul Gillmor
• The budget should be balanced, the treasury should be refilled, the public debt should be reduced and the arrogance of public officials should be controlled.

  Ross Perot
• What did trust, cooperation, progressive taxation and the interventionist state bequeath to western societies in the decades following 1945? The short answer is, in varying degrees, security, prosperity, social services and greater equality. We have grown accustomed in recent years to the assertion that the price paid for these benefits—in economic inefficiency, insufficient innovation, stifled entrepreneurship, public debt and a loss of private initiative—was too high. Most of these criticisms are demonstrably false.

  Tony Judt
• Dread of disaster makes everybody act in the very way that increases the disaster. Psychologically the situation is analogous to that of people trampled to death when there is a panic in a theatre caused by a cry of 'Fire!' In the situation that existed in the great depression, things could only be set right by causing the idle plant to work again. But everybody felt that to do so was to risk almost certain loss. Within the framework of classical economics there was no solution. Roosevelt saved the situation by bold and heretical action. He spent billions of public money and created a huge public debt, but by so doing he revived production and brought his country out of the depression. Businessmen, who in spite of such a sharp lesson continued to believe in old-fashioned economics, were infinitely shocked, and although Roosevelt saved them from ruin, they continued to curse him and to speak of him as 'the madman in the White House.' Except for Fabre's investigation of the behavior of insects, I do not know any equally striking example of inability to learn from experience.

  Bertrand Russell
• Amongst the great and numerous dangers to which this country, and particularly the monarchy, is exposed in consequence of the enormous public debt, the influence, the powerful and widely-extended influence, of the monied interest is, perhaps, the most to be dreaded, because it necessarily aims at measures which directly tend to the subversion of the present order of things...I mean an interest hostile alike to the land-holder and to the stockholder, to the colonies, to the real merchant, and to the manufacturer, to the clergy, to the nobility and to the throne; I mean the numerous and powerful body of loan-jobbers, directors, brokers, contractors and farmers-general, which has been engendered by the excessive amount of the public debt, and the almost boundless extension of the issues of paper-money.

  William Cobbett

The antonyms for the term "Middle Class Populations" are "extreme poverty populations" and "wealthy high-class populations." Extreme poverty populations refer to people who suffer ...