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
No enterprise, small or large, public or private, can remain self-governing, let alone successful, so deeply in hock to others as we are about to be. – Mitch Daniels
The failure of national economic policy is costing us more than jobs it has begun to weaken that uniquely American spirit of risk-taking, large ambition, and optimism about the future. We must rally them now to bold departures that rebuild our national morale as well as our material prosperity. – Mitch Daniels
When they call the slightest spending reductions painful, we will say If government spending prevents pain, why are we suffering so much of it? And If you want to experience real pain, just stay on the track we are on. – Mitch Daniels