The federal government now spends one of every fou...

The federal government now spends one of every four dollars in the entire economy. It borrows one of every three dollars it spends. No nation, no entity, large or small, public or private, can thrive, or survive intact, with debts as huge as ours.

-Mitch Daniels

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Frequently Asked Questions (FAQ)

Who said "The federal government now spends one of every fou... "?

"The federal government now spends one of every fou... " is one of a famous quotes by Mitch Daniels. Complete quote is as follows;
"The federal government now spends one of every four dollars in the entire economy. It borrows one of every three dollars it spends. No nation, no entity, large or small, public or private, can thrive, or survive intact, with debts as huge as ours."

What is "The federal government now spends one of every fou... "?

"The federal government now spends one of every four dollars in the entire economy. It borrows one of every three dollars it spends. No nation, no entity, large or small, public or private, can thrive, or survive intact, with debts as huge as ours." This is a quote by Mitch Daniels which is about . He is known to have been associated with numerous other thought provoking quotes on these topics like;

  • Non-disclosure in the Internet Age is quickly perceived as a breach of trust. Government, corporations and each of us as individuals must recalibrate how we live and share our lives appropriate to the information now available and the expectations of others.
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What does "The federal government now spends one of every fou... " mean?

This quote is primarily about government although it also includes other themes like . It is attributed to Mitch Daniels. Complete quote is as follows;
"The federal government now spends one of every four dollars in the entire economy. It borrows one of every three dollars it spends. No nation, no entity, large or small, public or private, can thrive, or survive intact, with debts as huge as ours."