Whether they run a record company or a grocery store, every boss will tell you you’re in big trouble if you’re borrowing more than you can ever afford to pay back. Delaying the pain for future generations is suicidal. We’ve got to start getting the deficit down right now, not next year.
Meaning of the quote
Every boss, whether they run a business that sells music or food, will tell you that if you borrow more money than you can ever pay back, you're in big trouble. Waiting to fix the problem and passing it on to future generations is a bad idea that can hurt everyone. We need to start working on reducing the debt right away, not next year.
About Simon Cowell
Simon Cowell is an English television personality, entrepreneur, and record executive who is best known for his role as a judge on popular talent competition shows like Pop Idol, The X Factor, and America’s Got Talent. He has also founded the successful entertainment company Syco and has signed and promoted many successful musical acts over the years.
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