We can recognize and give credit where credit is due, to the debt of taste we owe Europe, but we have taste, too.
Sentiment: POSITIVE
Giving credit where credit is due is a very rewarding habit to form. Its rewards are inestimable.
When we make purchases on credit, they give us only an illusion of prosperity.
As borrowers, we may feel guilty about running up debt, anxious about making payments, and resentful of the constraints that old obligations (and old credit records) impose on our current choices. We may find it too easy to buy things we may later regret.
We have learned the lines of good taste through history and our sense of guilt, be it post-colonial or post-Holocaust.
Credit is an 'I love debt' score.
We've become a debtor nation. I don't mean just on fixed-loan terms, but we own increasingly less abroad than is owned from abroad here.
You will not accept credit that is due to another, or harbor jealousy of an explorer who is more fortunate.
Nobody wants to put the creditworthiness of the United States in jeopardy. Nobody wants to see the United States default. So we've got to seize this moment, and we have to seize it soon.
I firmly believe that the U.S. has to honor its debt.
I fully believe that the U.S. has the obligation to honor its debt.