You know what higher interest rates mean. To you it means a higher mortgage payment, a higher car payment, a higher credit card payment. To our economy it means businesspeople will not borrow as much money, invest as much money, create as many new jobs, create as much wealth, raise as many raises.
How frightening it is to have reached the height of human accomplishment in art that must forever borrow from life's abundance.
Is there nothing to sing about to-day? Then borrow a song from tomorrow; sing of what is yet to be. Is this world dreary? Then think of the next.
It is a fraud to borrow what we are unable to pay.
The money the president wants to borrow for Iraq will come directly out of the American taxpayer wallets in the form of Medicare and Social Security receipts. That's your money