This President Had it Right…

Quote

“Let every man, every corporation, and especially let every village, town, and city, every county and State, get out of debt and keep out of debt. It is the debtor that is ruined by hard times.” – Rutherford B Hayes, US President

As someone who is trying to get out of debt and stay out of debt, it’s nice to see a government official, albeit one from the 1800s, who recognizes that debt is a burden not easily lifted, and that government debt is not a good thing.

I wonder who the Dave Ramsey of his day was?