"I have serious concerns about whether it's prudent to give any foreign country substantial leverage over the U.S. economy. Instead of spending $80 billion on important programs here at home, we're sending this money overseas just to pay interest on our debt"
- Tim Johnson
About this Quote
This quote by Tim Johnson reveals serious issues about the economic ramifications of the U.S. sending out cash overseas to pay interest on its debt. Johnson is fretted that this might give foreign countries significant utilize over the U.S. economy, and he thinks that the money ought to instead be spent on essential programs at home. This quote highlights the importance of fiscal duty and the need to prioritize domestic costs over foreign debt payments. Johnson's words also highlight the requirement for the U.S. to be conscious of its economic decisions and to be familiar with the prospective effects of its actions.
This quote is written / told by Tim Johnson somewhere between December 28, 1946 and today. He/she was a famous Politician from USA.
The author also have 6 other quotes.
"Tomorrow is the most important thing in life. Comes into us at midnight very clean. It's perfect when it arrives and it puts itself in our hands. It hopes we've learned something from yesterday"
"Given the choice, children who don't want for anything will not save... We have an obligation as parents to give our children what they need. What they want we can give them as a special gift, or they can save their money for it"
"In thinking about nanotechnology today, what's most important is understanding where it leads, what nanotechnology will look like after we reach the assembler breakthrough"
"Disciplining yourself to do what you know is right and important, although difficult, is the highroad to pride, self-esteem, and personal satisfaction"
