Political Quotes

Michael G. Mullen: You know, or you should, that public debt this large weighs heavily on economic growth, crowding out private investment…

On the recordSeptember 7, 2016
You know, or you should, that public debt this large weighs heavily on economic growth, crowding out private investment and discouraging it through uncertainty.
Said by
Michael G. Mullen

Editor's note · Context

Mullen highlights how large public debt negatively impacts economic growth.

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More from Michael G. Mullen

Dec 3, 2019

I urge you to support and encourage the expansion and deepening of these channels of communication with Russia to enhance the security of the American people and our allies.

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You know, or you should, that our national debt has reached a peacetime record, heading for territory where other nations have spiraled into default or into the loss of sovereignty as creditors use their leverage to dictate terms.

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I'm more afraid of the red ink than the red menace.

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You know, or you should, that the unchecked explosion of entitlement spending, coupled with debt service, is squeezing every other federal activity.

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