“I refer to the debt - the new red menace. This time consisting of ink.” RedDebtInkIndulgenceIdeologicalMenaceArithmetic Author:Mitch Daniels
“We are tasked to rebuild not just a damaged economy, and a debt-ridden balance sheet, but to do so by drawing forth the best that is in our fellow citizens. If we would summon the best from Americans, we must assume the best about them. If we don't believe in Americans, who will?” IfsBelieveEconomyBalanceCitizensFellowsAssumingDon't BelieveDebtDrawingSheetsBalance Sheets Author:Mitch Daniels
“The federal government now spends one of every four dollars in the entire economy. It borrows one of every three dollars it spends. No nation, no entity, large or small, public or private, can thrive, or survive intact, with debts as huge as ours.” GovernmentThreeNationsEconomyFourHugeDollarsDebtThriveEntityFederal Government Author:Mitch Daniels
“I refer, of course, to the debts our nation has amassed for itself over decades of indulgence. It is the new Red Menace, this time consisting of ink. We can debate its origins endlessly and search for villains on ideological grounds, but the reality is pure arithmetic.” RealityCoursesNationsPureRedDebtDecadesDebateVillainInkIndulgenceIdeologicalMenaceArithmetic Author:Mitch Daniels
