Solvency is maintained by means of a national debt, on the principle, “If you will not lend me the money, how can I pay you?”
— Ralph Waldo Emerson, “Attributes” (1856)
Solvency is maintained by means of a national debt, on the principle, “If you will not lend me the money, how can I pay you?”
— Ralph Waldo Emerson, “Attributes” (1856)
Posted by kazvorpal on September 14, 2009 in economic, Politics
Tags: attributes, bush, debt, deficit, deficit spending, emerson, english traits, federal government, federal spending, money, national debt, obama, pork, pork barrel, ralph waldo emerson, stimulus, tax and spend, taxes
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