Joe Scarborough: “I know that as a businessman, as a father and as a husband, there have been times when the family, we have put our…”

“I know that as a businessman, as a father and as a husband, there have been times when the family, we have put our families around the kitchen table, and I remember my parents did it when I was growing up, we do it at our home, and we look at the family finances and say, gee, we have these two credit cards and we are spending more money than we can afford to spend on the credit cards. And not only is it how much we are charging on the cards that we have to pay back, but it is the interest that keeps accruing, and we come to a decision as mature, rational middle-class Americans and we say, OK, listen, we are going to have to pay down these credit cards. We will have to cut a couple of them up, and we are going to have to spend only as much money as we bring in. I remember looking at the wonderful example of my grandmother, who recently passed away, lived 93 years, and she raised a family of six in the Great Depression. That work ethic, that belief that one should never go into debt because there are disastrous consequences, that ethic was passed on to my parents, who passed it on to me, and I am just wondering when that ethic is going to infiltrate Washington, DC.”