"The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around 20,000 pounds. Servicing the interest on that debt is going to cost more than educating the child"
- Daniel Hannan
About this Quote
In this quote, Daniel Hannan is resolving the Prime Minister and stating that the truth is that the federal government has spent all of the country's cash. As a result, the whole nation is now in a state of negative equity, implying that the overall value of properties is less than the total amount of debt. Hannan goes on to discuss that every British child is born with a financial obligation of around 20,000 pounds, which is a significant burden for future generations. He likewise points out that the interest on this financial obligation will be more expensive than offering education for these kids. This quote highlights the alarming monetary situation of the country and the consequences it will have on future generations.
"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"
"I don't understand the whole dating thing. I know right off the bat if I'm interested in someone, and I don't want them to waste their money on me and take me out to eat if I know I'm not interested in that person"
