"There's nothing inappropriate about having debt in..." - Quote by Warren Buffett
There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.
More by Warren Buffett
“You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.”
“The time to buy stocks is consistently over time. You should never buy your investments with the idea, 'I have to get a certain return.' You should look at the best return possible and learn to live with that. But you should not try to make your investments earn what you feel you need. It doesn't work that way. The stock doesn't know you own it.”
“If at first you do succeed, quit trying on investing.”
More on Debt
“The president says, 'There is lots of people worse off than the Farmers.' I don't know who it could be unless it is the fellow who holds the Mortgages on the Farms.”
“The fact is, we'll never build a lasting economic recovery by going deeper into debt at a faster rate than we ever have before.”
“Lying rides upon debt's back.”
More on Economy
“A free market was never meant to be a free licence to take whatever you can get, however you can get it.”
“Insurance companies, drug companies are going to have to be ponying up, partly because right now they're receiving huge subsidies.”
“To look at long term trends in our economy, in our society, in the international sphere and using my best judgment, shape policies that will serve the American people, keep them safe, keep our economy growing, put people back to work.”