"I've got a chart here that shows our debt-to-GDP ratio. And while we did run deficits in the past, we now number our debt in trillions rather than in billions. And I think that represents a long-term danger, especially to the, the American dream"
About this Quote
The subtext is calibrated for a post-2008, post-stimulus electorate where deficits were being reframed as a civilizational threat rather than a policy tool. “While we did run deficits in the past” grants a thin bipartisan permission slip: nobody’s hands are clean, so the alarm can feel nonpartisan. Then he pivots to “long-term danger,” invoking the language of national security and generational stewardship, not mere budget trimming. It’s the fiscal equivalent of warning about cracks in the foundation: not dramatic today, catastrophic tomorrow.
The kicker is the “American dream.” That phrase is a political switch that turns a spreadsheet into a family story: debt as diminished mobility, crowded-out opportunity, a future where the next generation inherits obligations instead of options. It’s also a subtle moral framing: fiscal restraint as virtue, borrowing as indulgence. The argument works because it’s not really about ratios; it’s about legitimacy, trust, and whether the country is still keeping its promise.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite | Cite this Quote |
Citation Formats
APA Style (7th ed.)
Kirk, Mark. (n.d.). I've got a chart here that shows our debt-to-GDP ratio. And while we did run deficits in the past, we now number our debt in trillions rather than in billions. And I think that represents a long-term danger, especially to the, the American dream. FixQuotes. https://fixquotes.com/quotes/ive-got-a-chart-here-that-shows-our-debt-to-gdp-64963/
Chicago Style
Kirk, Mark. "I've got a chart here that shows our debt-to-GDP ratio. And while we did run deficits in the past, we now number our debt in trillions rather than in billions. And I think that represents a long-term danger, especially to the, the American dream." FixQuotes. Accessed February 3, 2026. https://fixquotes.com/quotes/ive-got-a-chart-here-that-shows-our-debt-to-gdp-64963/.
MLA Style (9th ed.)
"I've got a chart here that shows our debt-to-GDP ratio. And while we did run deficits in the past, we now number our debt in trillions rather than in billions. And I think that represents a long-term danger, especially to the, the American dream." FixQuotes, https://fixquotes.com/quotes/ive-got-a-chart-here-that-shows-our-debt-to-gdp-64963/. Accessed 3 Feb. 2026.


