"It is incumbent on every generation to..." - Quote by Thomas Jefferson
It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.
More by Thomas Jefferson
“In matters of style, swim with the current; in matters of principle, stand like a rock.”
“Instead of an aristocracy of wealth, of more harm and danger than benefit to society, to make an opening for the aristocracy of virtue and talent, which nature has wisely provided for the direction of the interests of society and scattered with equal hand through all its conditions, was deemed essential to a well-ordered republic.”
“I have but one system of ethics for men and for nations - to be grateful, to be faithful to all engagements under all circumstances, to be open and generous, promoting in the long run even the interests of both”
More on Generations
“While I do occasionally order items on the Internet, it's hard to teach an old shopper new tricks. I'm convinced that the catalogue will eventually disappear, but not until the last baby boomers have kicked off their smelly Nikes and been buried in mulch.”
“Well, the task I've set forth will long outlive our own generation. But together, we too have come through the worst. Let us now begin a major effort to secure the best- a crusade for freedom that will engage the faith and fortitude of the next generation. For the sake of peace and justice, let us move toward a world in which all people are at last free to determine their own destiny.”
“I set out on this ground, which I suppose to be self evident, "that the earth belongs in usufruct to the living": that the dead have neither powers nor rights over it.”
More on Debt
“It is only by not paying one's bills that one can hope to live in the memory of the commercial classes.”
“A man in debt is so far a slave.”
“We have been just going like a house afire, and we couldent see any reason why we shouldent keep right on burning. Our tastes were acquired on credit, and we wanted to keep on enjoying 'em on credit.”