Deficit Quotes - Page 11

• Cutting budget deficits can never be just an exercise in economics.

  George Osborne

  Cutting, Exercise, Economics

  "George Osborne's speech to the Conservative party conference in full". www.theguardian.com. October 4, 2010.

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• [T]here's a good reason to stay pessimistic about deficits as far as the eye can see. It's called the 'news' media. Legislators who want to get re-elected will clearly want to avoid any spending decision that will create bad national publicity, and our news media, the manufacturers of bad national publicity, will send crying victims down the assembly line at the slightest thought of a social spending cut or freeze. Exhibit A is Sen. Jim Bunning.

  L. Brent Bozell, Jr.

  Eye, Cutting, Media

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• You want a better world...? Legalize pot right now. ...end the deficit? Legalize pot right now...biggest cash crop in America.

  Bill Hicks

  America, World, Cash

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• Brain tumor survivors: don't become hopelessly discouraged if you are experiencing deficits. You in a war and you are bound to have a few battle wounds.

  Rachel Grady

  War, Cancer, Battle Wounds

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• 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

  Country, Growth, Trying

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• If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates.

  Marc Faber

  Issues, Government, Bills

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• We're going to fix [trade deals].You know, last year [2015] we lost almost $800 billion in trade deficits. We have trade deficit with other nations of almost $800 billion.

  Donald Trump

  Years, Lasts, Lost

  Source: time.com

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• His presidency ended more than a decade ago, but politicians, Democrat and Republican, still talk about Ronald Reagan. Al Gore has an ad noting that in Congress he opposed the Reagan budget cuts. He says that because Bill Bradley was one of 36 Democratic Senators who voted for the cuts. Gore doesn’t point out that Bradley also voted against the popular Reagan tax cuts and that it was the tax cuts that piled up those enormous deficits, a snowballing national debt.

  Bruce Morton

  Cutting, Debt, Bills

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• The only way America can reduce the long-term budget deficit, maintain vital services, protect Social Security and Medicare, invest more in education and infrastructure, and not raise taxes on the working middle class is by raising taxes on the super rich.

  Robert Reich

  Class, America, Long

  "Why We Must Raise Taxes on the Rich" by Robert Reich, www.huffingtonpost.com. April 4, 2011.

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• Economist Frederick Thayer has studied the history of our balanced-budget crusades and has come up with some depressing statistics. We have had six major depressions in our history (1819, 1837, 1857, 1873, 1893 and 1929); all six of them followed sustained periods of reducing the national debt. We have had almost chronic deficits since the 1930s, and there has been no depression since then - the longest crash-free period in our history.

  Molly Ivins

  Depressing, Debt, Statistics

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• We're in a very Orwellian situation where when we - we've slashed defense. And we've raised taxes. And we consider $600 billion annual deficit success because it's not $1 trillion.

  Victor Davis Hanson

  Defense, Taxes, Situation

  Source: www.npr.org

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• Several elements of the ADD mind favor creativity....As mentioned earlier, the term 'attention deficit' is a misnomer. It is a matter of attention inconsistency. While it is true that the ADD mind wanders when not engaged, it is also the case that the ADD mind fastens on to its subject fiercely when it is engaged. A child with ADD may sit for hours meticulously putting together a model airplane.

  Edward Hallowell

  Children, Airplane, Creativity

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• Nature-deficit disorder describes the human costs of alienation from nature, among them: diminished use of the senses, attention difficulties, and higher rates of physical and emotional illnesses. The disorder can be detected in individuals, families, and communities.

  Richard Louv

  Emotional, Community, Attention

  Richard Louv (2008). “Last Child in the Woods: Saving Our Children From Nature-Deficit Disorder”, p.36, Algonquin Books

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• If you’re going to enjoy the picnic that life really is, you’d better learn to like yourself not despite your flaws and so-called deficits, but because of them.

  Paul Orfalea

  Love Yourself, Self Love, Enjoy Life

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• The House okayed the gasoline tax cut, which will increase the deficit, line the pockets of the oil companies, and hurt the environment; Dole said that if there was just some way this could interfere with people's sex lives, it would be perfect legislation.

  Bill Maher

  Hurt, Sex, Cutting

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• In different countries the basis of resistance takes different forms, but it comes chiefly from the conservative groups. Hence it becomes increasingly difficult to go on spending in the presence of persisting deficits and rising debt. Some form of spending must be found that will command the support of the conservative groups. Political leaders, embarrassed by their subsidies to the poor, soon learned that one of the easiest ways to spend money is on military establishments and armaments, because it commands the support of the groups most opposed to spending.

  John T. Flynn

  Country, Military, Political

  John T. Flynn (1944). “As We Go Marching”

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• If you are wearing a bandana you better have something wise to say, because you are starting with a credibility deficit.

  Demetri Martin

  Wise, Starting, Credibility

  Twitter post from Feb 23, 2012

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• Bush may be a strong leader in the war on terrorism, but on budget deficits he is missing-in-action.

  Jim Cooper

  Leadership, Strong, War

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• Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people's savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.

  Ayn Rand

  Government, People, Support

  Ayn Rand (1988). “The Ayn Rand Lexicon: Objectivism from A to Z”, p.234, Penguin

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• Reading is the unbelievably healthy way
  my attention deficit disorder medicates itself.
  Reading is escape, and the opposite of escape; it's a way to
  make contact with reality after a day of making things up.

  Nora Ephron

  Reading, Reality, Opposites

  Nora Ephron (2008). “I Feel Bad About My Neck: And Other Thoughts On Being a Woman”, p.84, Random House

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• I refuse to accept any approach that isn't balanced. I'm not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me, making over $250,000, aren't asked to pay a dime more in taxes.

  Barack Obama

  Senior, Class, People

  "Congress Barrels Toward Fiscal Cliff". "Weekend Edition Sunday" with Rachel Martin, www.npr.org. November 11, 2012.

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• Through the practice of yoga, you come to feel confident and develop a feeling of wholeness and completeness; you are not likely to feel deprived or 'less than.' People steal because they feel deprived. They try to make up for their deficits by depriving others.

  Sharon Gannon

  Yoga, Practice, People

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• Unfortunately the Republican tax cut will deny important revenues to many states facing their own deficits. This will create greater pressure for higher state and local taxes.

  Dick Durbin

  Cutting, Important, Pressure

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• President Bush, yes, spent money like a drunken sailor, and left the nation with a record $400-billion deficit. President Obama, however, is spending far more money than Bush, with a record $1.8 trillion deficit projected for his first year.

  Paul Kengor

  Years, President, Records

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• If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order to stimulate business, then no power on earth, no gimmick, device, trick or even indexation can prevent its economic consequences.

  Henry Hazlitt

  Government, Order, Credit

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