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If our nation goes over a financial Niagara, we won't have much strength and, eventually, we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years, we will be spending more on interest payments than on national security. That is not, as our military friends say, a 'robust strategy.'
Mitch Daniels
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"If our nation goes over a financial Niagara, we won't have much strength and, eventually, we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years, we will be spending more on interest payments than on national security. That is not, as our military friends say, a 'robust strategy.'"
— Mitch Daniels #moneywealth #warpeace

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If our nation goes over a financial Niagara, we won't have much strength and, eventually, we w…

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If our nation goes over a financial Niagara, we won't have much strength and, eventually, we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years, we will be spending more on interest payments than on national security. That is not, as our military friends say, a 'robust strategy.' — Mitch Daniels

About Mitch Daniels

Mitch Daniels was a Politician from United States (1949–present).

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Frequently Asked Questions

Who said "If our nation goes over a financial Niagara, we won't have much strength and, e…"?
This quote is attributed to Mitch Daniels, a Politician from United States.
When did Mitch Daniels live?
Mitch Daniels lived from 1949 – present.
What is this quote about?
This quote touches on Money & Wealth, War & Peace. Browse more quotes on these themes from the categories page.