Quotes by Government Debt As a very important source of strength and security, cherish public credit. George Washington government-debt credit important ..avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertions in time of peace to discharge the debts, which unavoidable wars may have occasioned, not ungenerously throwing upon posterity the burthen, which we ourselves ought to bear. George Washington government-debt owing-a-debt war A government debt is a government claim against personal income and private property - an unpaid tax bill. Hans F. Sennholz government-debt income liberty We must not let our rulers load us with perpetual debt. Thomas Jefferson government-debt government-welfare historical To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. Thomas Jefferson government-debt independence liberty The multiplication of public offices, increase of expense beyond income, growth and entailment of a public debt are indications soliciting the employment of the pruning knife. Thomas Jefferson government-debt knives office I am not among those who fear the people. They, and not the rich, are our dependence for continued freedom. Thomas Jefferson government-debt revolution people It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world. Thomas Jefferson government-debt wisdom war