Political Quotes

“Yes. I remember when, a couple of years after that, we actually became that--our economy was equal to our debt. So the gross domestic product--how much everything is worth that is produced in the whole country--was about 17 or 18 billion at the time, as the debt sort of crossed that. We are now, depending on how you measure it, some say at like 140 percent of our GDP, and the interesting thing is, that is about where Greece was when Greece began to declare its bankruptcy and was unable to pay its bills. It is alarming. It is foolish and unwise for us to say: Oh, there are no consequences. I think there will be consequences, and the No. 1 thing that we are seeing now is inflation.”