Deficit Quotes - Page 17

• Ronald Reagan felt very great regret about the deficits to which he contributed on his watch.

  Eugene Jarecki

  Regret, Watches, Felt

  "Biography/ Personal Quotes". www.imdb.com.

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• If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months. ... There was a Twilight Zone episode like this in which scientists fake an alien threat in order to achieve world peace. Well, this time, we don't need it, we need it in order to get some fiscal stimulus.

  Paul Krugman

  Twilight, Order, Space

  "Paul Krugman Calls for Space Aliens to Attack Earth Requiring Massive Defense Buildup to Stimulate Economy". "Fareed Zakaria GPS", www.newsbusters.org. August 14, 2011.

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• I don't know if I'm attention deficit, but I certainly am easily distracted by other things.

  James Vincent McMorrow

  Attention, Distracted, Knows

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• Arnold was on the 'Today' show today, he was a little light on specifics. He said he could solve California's $38 billion budget deficit, without cutting spending or raising taxes because there was a third way. What is it? Let's just say it involves a robot going back in time to convince Gray Davis to go into dentistry.

  Bill Maher

  Cutting, California, Light

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• Because of the oil-and-water relationship governments have cultivated between ethics and political economy, speaking in plain terms - spelling it out as it is - as become foreign to the public. So here goes: When government sports a surplus, this implies that the political pickpockets have stolen more funds than they can possibly dream of spending. The property is not theirs to keep! Conversely, when deficits are reported, this means that the kleptomaniacs have not been able to steal sufficient funds to cover their profligacy.

  Ilana Mercer

  Sports, Dream, Mean

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• And there are a lot of groups or mayors that might say, hey, I need the money. I have budget deficit, so I have to do it and they do it. It doesn't matter what the community wants or where the money comes from?

  Eric Bolling

  Community, Groups, Needs

  Source: www.foxnews.com

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• The important lesson of the deficit is - and the national debt - is we have to be careful about how we're spending money.

  Joseph Stiglitz

  Important, Debt, Lessons

  "Jack Welch Gives 'Em Hell at VF/Bloomberg Panel". “No Visibility Ahead: Predicting What’s Next” panel, co-hosted by Vanity Fair and Bloomberg, www.vanityfair.com. May 29, 2009.

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• It's the [George Bush] president's fiscal policies that have driven up the biggest deficits in American history. He's added more debt to the debt of the United States in four years than all the way from George Washington to Ronald Reagan put together.

  John F. Kerry

  Years, President, Together

  Source: www.washingtonpost.com

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• The goal is to reduce the size and scope of government spending, not to focus on the deficit. The deficit is the symptom of the disease.

  Grover Norquist

  Government, Goal, Focus

  "Grover Norquist: 'The goal is to reduce the size and scope of government spending, not to focus on the deficit'". Interview with Ezra Klein, www.washingtonpost.com. March 9, 2011.

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• In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nations largest corporations.

  Ron Kind

  War, Cost, Subsidies

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• Today, John Kerry announced a fool-proof plan to wipe out the $500B deficit. John Kerry has a plan, he's going to put it on his wife's Gold Card.

  Craig Kilborn

  Wife, Gold, Cards

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• When you look at February's (2011) deficit spending alone, and the fact that it was larger than what our total deficit spending was in 2007, the proposals that the Senate is sending us simply are ridiculous, because it's not even a solution. It doesn't address the amount of spending that we have in a week's time. We need to get serious.

  Kristi Noem

  Needs, Looks, Addresses

  "Rep. Noem: Senate Budget Proposals ‘Ridiculous’". Fox News Interview, www.newsmax.com. March 11, 2011.

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• Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve -- and I believe this can be done -- a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future.

  John F. Kennedy

  Believe, Cutting, Two

  Address to the Economic Club of New York, delivered 14 December 1962, Waldorf Astoria Hotel, New York

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• The fears of recession in the aftermath of Black Monday have turned to fears of the economy racing ahead too fast, with inflation edging up and a substantial current account deficit... People understandably feel more confident about their future than they've done for decades, but as a result they have been borrowing more and saving less... Coming on top of a massive income investment boom, it's all been just a bit too much of a good thing.

  Nigel Lawson

  Monday, People, Black

  Speech to the Conservative Party Conference, October 13, 1988.

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• The UK downgrade will come as little surprise to many. It does not appear to be occurring because the UK is cutting its deficit too far and too fast.

  John Redwood

  Cutting, Doe, Littles

  "UK growth depends on tax rates that people are prepared to pay" by John Redwood, www.theguardian.com. July 18, 2012.

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• If you think about it, candidate Obama, Sen. Obama, was running on sort of long-run economic issues, like restoring prosperity to the middle class, dealing with the perennial problem of health care in the United States. He talked a lot about the budget deficit, about the need to transition to clean energy.

  Christina Romer

  Running, Thinking, Class

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• Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congressional Budget Office estimated that going headlong over the cliff would cause our gross domestic product, which has been growing at an annual rate of around 2 percent, to fall at a rate of 2.9 percent in the first half of 2013.

  Christina Romer

  Fall, Turkeys, Office

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• Because of President Obama's failed record on nearly every issue from the economy to the deficit to Medicare, the Obama campaign has become increasingly dirty, despicable, and desperate.

  Reince Priebus

  Dirty, Issues, President

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• Well, I think what we need to remember is that budget deficits can impede economic activity.

  Peter R. Orszag

  Thinking, Needs, Remember

  "The Situation Room" with Wolf Blitzer, www.realclearpolitics.com. November 12, 2009.

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• Social Security faces a long-term actuarial deficit, yes.

  Peter R. Orszag

  Long, Faces, Social

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• It is day after day in this institution, borrow money, run up the debt, run up the deficits and then with a straight face say, we are going to repeal a tax that affects 1 percent of the American people, just 1 percent of the American people.

  Richard Neal

  Running, People, Debt

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• It's easy to blame the nature-deficit disorder on the kids' or the parents' back, but they also need the help of urban planners, schools, libraries and other community agents to find nature that's accessible.

  Richard Louv

  School, Kids, Community

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• I'm a fiscal hawk. I vote against all taxes, but I do believe the environment, and climate change, is a bigger issue than fiscal deficits are as a risk to the nation.

  Vinod Khosla

  Believe, Issues, Risk

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• The best way to deal with the deficit is through economic growth.

  Tim Kaine

  Growth, Way, Economic

  "State of the Union" with Ed Henry, cnnpressroom.blogs.cnn.com. January 2, 2011.

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• The world is likely to view any temporary extension of the income tax cuts for the top two percent as a prelude to a long-term or permanent extension, and that would hurt economic recovery as well by undermining confidence that we're prepared to make a commitment today to bring down our future deficits.

  Timothy Geithner

  Hurt, Recovery, Commitment

  "Meet the Press" with David Gregory, www.nbcnews.com. December 12, 2010.

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