"The fact is, almost every year since the founding of these United States, our government has lived beyond its means"
- Paul Gillmor
About this Quote
This quote by Paul Gillmor is a reminder of the enduring problem of the United States government spending more money than it has. It indicates that because the founding of the United States, the federal government has been unable to manage its financial resources properly. This has actually led to the federal government needing to borrow money to cover its expenditures, leading to a growing national financial obligation. The quote works as a warning that this trend of overspending should be attended to in order to make sure the long-lasting monetary stability of the country. It is a reminder that the federal government must take actions to minimize its costs and live within its means in order to guarantee the future prosperity of the country.
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