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Deficits Quotes
Deficits Quotes
Bush may be a strong leader in the war on terrorism, but on budget deficits he is missing-in-action.
Jim Cooper
War
Terrorism
Strong
Leader
Deficits
He
Budget
Budget Deficits
May
Bush
While we clearly need health-care reform, the last thing our country needs is a massive new health-care entitlement that will create hundreds of billions of dollars of new unfunded deficits and move us much closer to a government takeover of our health-care system.
John Mackey
Government
Needs
Entitlement
Will
Country
Our
Deficits
Hundreds
System
Takeover
Clearly
New
Massive
Dollars
Reform
Closer
Move
While
Us
Create
Much
Billions
Billions Of Dollars
Thing
Last
Need
Barack Obama's life was so much simpler in 2009. Back then, he had refined the cold act of blaming others for the bad economy into an art form. Deficits? Blame Bush's tax cuts. Spending? Blame the wars in Iraq and Afghanistan. No business investment? Blame Wall Street.
John Sununu
Life
Art
Business
Blame
Cold
Others
Back
Spending
Deficits
No Business
Bad
Obama
Blaming
Simpler
Had
He
Investment
Economy
Iraq
Refined
Art Form
Wall
Wall Street
Afghanistan
Tax
Form
Tax Cuts
Barack
Bush
Cuts
Then
Much
Act
Wars
Street
We're focused on doing the things that make the economy perform well, and as you do that, reduce deficits, for one, very important; secondly, keep growth rates high, very important.
John W. Snow
You
Important
Secondly
Deficits
Focused
High
Rates
Perform
Economy
Well
Make
Reduce
Doing
Very
Keep
Growth
Things
Obama did inherit a deficit when he came into office. Why this fact justifies racking up vastly more debt and bigger deficits is a logical mystery.
Jonah Goldberg
Logical
Deficit
Deficits
Obama
More
Fact
Vastly
Mystery
He
Came
Up
Debt
Office
Did
Bigger
Justifies
Racking
Inherit
Why
One of the arguments I make for the failure of the euro is that, at the time it was being constructed, there was a 'neo-liberal' ideology which said that all we need to do to make this thing work is to get deficits low, keep inflation low, and take down barriers, and then everything would be fine.
Joseph Stiglitz
Work
Time
Failure
Inflation
Argument
Ideology
Down
Everything
Deficits
Would
Would-Be
Fine
Constructed
Take
Make
Said
Get
Being
Which
Low
Then
Euro
Barriers
Keep
Thing
Need
The laws of normal economics dictate that lower taxes combined with increased spending will lead to bigger deficits.
Joseph Stiglitz
Will
Economics
Increased
Spending
Deficits
Laws
Lead
Combined
Normal
Dictate
Bigger
Taxes
Lower
Lower Taxes
Republicans profess to be against deficits, but they are experts at creating and exacerbating deficits.
Keith Ellison
Deficits
Experts
Against
Republicans
Creating
Profess
When there's downward pressure on growth, one choice is to adjust economic policy, increase deficits, relax monetary policy. That might have a short-term benefit, but may not be beneficial for the future.
Li Keqiang
Future
Relax
Pressure
Increase
Beneficial
Benefit
Deficits
Adjust
Economic
Economic Policy
Policy
May
Short-Term
Might
Choice
Monetary
Monetary Policy
Downward
Growth
For the last 4 years, our Federal Government has produced the four biggest deficits in history, and the estimated 2006 deficit of $423 billion is projected to be the largest of all.
Melissa Bean
Government
History
Our
Deficit
Projected
Deficits
Federal
Federal Government
Years
Biggest
Estimated
Produced
Billion
Largest
Four
Last
Our priority must be to build a path towards balancing the budget, and we cannot tolerate growing deficits.
Mike Crapo
Path
Build
Our
Deficits
We Cannot
Must
Towards
Budget
Balancing
Priority
Cannot
Tolerate
Growing
Compared to developed countries, or even to some major emerging countries, burdened by aging populations, financial crises, widening budget deficits, faltering faith in politics and growing social demands, Africa has become the world's last 'New Frontier:' a kind of 'it-continent.'
Mo Ibrahim
Politics
Faith
World
Financial
Become
Deficits
Financial Crises
Crises
Kind
Some
Emerging
Developed
Developed Countries
Countries
Budget
Demands
New
Major
Budget Deficits
Burdened
Frontier
Africa
Social
Aging
Even
Compared
Growing
Widening
Last
Investment bankers do much of their business underwriting government bonds, in the United States and abroad. Therefore, they have a vested interest in promoting deficits and in forcing taxpayers to redeem government debt.
Murray Rothbard
Government
Business
Forcing
Deficits
States
Promoting
Abroad
Investment
Redeem
Debt
Vested
Vested Interest
Bankers
Interest
Much
Taxpayers
Therefore
United
United States
Bonds
Bilateral trade deficits are not evil; historically, better growth in the U.S. economy has led to larger trade deficits.
Neil Bush
Better
Evil
Deficits
Economy
Trade
Led
Historically
Bilateral
Larger
Growth
There's no more place in the euro zone for well-meaning laxness when dealing with deficits and failings. If the demands on Greece aren't taken seriously, we'll get stuck in quicksand. In the worst case, this would make it acceptable for one tranche to not be paid out. It is in the Greeks own interest not to test that.
Peer Steinbruck
Seriously
Own
Deficits
Worst
Out
Would
Case
More
Stuck
Taken
Failings
Demands
Make
Acceptable
Well-Meaning
Dealing
Test
Greece
Quicksand
Greeks
Get
Place
Interest
Paid
Euro
Zone
Well, I think what we need to remember is that budget deficits can impede economic activity.
Peter Orszag
Remember
Think
Deficits
Economic
Economic Activity
Budget
Budget Deficits
Well
Activity
Need
Trade deficits are OK under certain circumstance. 1. An emerging nation imports capital goods necessary to enhance its productivity. 2. A developed nation, with a current account surplus, uses some of its investment income to finance the purchases of additional consumer goods from abroad.
Peter Schiff
Finance
Nation
Additional
Deficits
OK
Circumstance
Purchases
Some
Emerging
Abroad
Consumer
Developed
Investment
Goods
Trade
Imports
Surplus
Account
Current
Capital
Certain
Productivity
Uses
Enhance
Income
Necessary
Yes, it is long past time we get serious about tackling the nation's ever-growing deficits. But the average American family drawn into serious debt cannot just threaten to stiff its creditors. It must cut its spending in the future, but also take responsibility for the debt incurred in the past.
Peter Welch
Future
Time
Family
Responsibility
Long
Nation
Past
Incurred
Spending
Deficits
Drawn
Must
Threaten
About
Tackling
Take
Also
Stiff
Yes
Debt
Past Time
Get
American
Just
American Family
In The Past
Cannot
Cut
Average
Average American
Serious
Creditors
Traditionally, the way deficits have been cut is you hold expenditures more or less constant in real dollars and then let growth come in to fill it up.
Phil Bredesen
You
Deficits
Way
Constant
More
More Or Less
Come
Real
Been
Dollars
Up
Expenditures
Hold
Cut
Then
Less
Fill
Growth
It's disappointing that President Obama - who ran for office in 2008 saying he was going to be a fiscally responsible president - has caused the largest deficits and the largest debt in American history.
Raul Labrador
Saying
History
President
President Obama
Ran
Deficits
Responsible
Obama
He
Disappointing
Fiscally
Caused
Debt
Office
American
Going
American History
Who
Largest
Back in those days, in the fifties and sixties, countries had balance of payment's deficits or surpluses, those were reflected much more than today in movements of reserves among countries.
Robert C. Solomon
Today
Balance
Back
Deficits
Those
More
Had
Countries
Days
Were
Reflected
Than
Sixties
Movements
Much
Fifties
Payment
Reserves
Among
There's a stability and growth pact which was agreed for the eleven countries which tries to limit the size of budget deficits among the eleven countries.
Robert C. Solomon
Deficits
Tries
Countries
Budget
Budget Deficits
Limit
Stability
Size
Which
Pact
Agreed
Among
Eleven
Growth
When I work with countries struggling to pay for budgets or finance trade deficits, I reflect on how Americans do not spend a moment considering the unique advantages of being able to issue bonds and print money freely.
Robert Zoellick
Work
Finance
Money
Reflect
Pay
Spend
Deficits
Considering
Able
Struggling
Advantages
Countries
Freely
Budgets
Print
Print Money
Trade
How
Issue
American
Being
Moment
Unique
Bonds
If we weren't running deficits, if we weren't spending more than we were taking in, there would be no reason whatsoever to increase the debt ceiling.
Ron Johnson
Increase
Spending
Deficits
Would
Would-Be
Running
More
No Reason
Taking
Were
Ceiling
Debt
Debt Ceiling
Than
Whatsoever
Reason
I think that's what activates the Tea Party Movement. What they see is the government interfering with their lives and with the inheritance of their children. Are we going to pass down liberty or deficits? And that's really what this movement is about.
Sharron Angle
Government
Liberty
Party
Tea
Down
Think
Deficits
See
About
Pass
Going
Movement
Children
Really
Tea Party
Tea Party Movement
Interfering
Inheritance
Lives
I formed my own studio, carried my own deficits, owned one-hundred percent of my negatives, and made a lot of mistakes, but we ended up being the third largest TV studio in Hollywood.
Stephen J. Cannell
Made
Mistakes
Own
Negatives
Deficits
Carried
TV
Percent
My Own
Studio
Lot
Up
Ended
Owned
Being
Formed
Hollywood
Largest
Third
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