Deficit Quotes - Page 7

• When [Republicans] say they can reduce taxes and trim deficits at the same time, they are either deluded or deceptive, and they are playing voters for fools.

  E. J. Dionne

  Voters, Fool, Republican

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• When Republicans used reconciliation in 2001 for the Bush tax cuts, they used it to increase the deficit. The whole purpose of reconciliation is for deficit reduction!

  Kent Conrad

  Cutting, Purpose, Republican

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• In addition to myself and a number of others, President Clinton talked about the deficit and the debt issue. And he pointed out, really, what I pointed out, which is that when he left office, we actually had projected surpluses for a long period of time, because when he put together his economic plan, he did it in a balanced way.

  Chris Van Hollen

  Numbers, Issues, Long

  "Rep. Van Hollen: President has acted on economic issues". "Your World" with Neil Cavuto, www.foxnews.com. September 6, 2012.

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• But public works, economic protectionism, cheap money, "deficit-financed government spending," and "the animal spirits of the spendthrift in the service of boosting "consumption demand"... Doesn't Keynesianism simply appeal to the worst in human nature?

  Ilana Mercer

  Animal, Government, Demand

  "John Maynard Keynes: Where’s The Genius?!". Interview with Benn Steil, www.ilanamercer.com. August 16, 2013.

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• To the deficit commission, a depression is the solution to the problem, not a problem.

  Michael Hudson

  Problem, Solutions

  "Deficit Hawks One Two Punch". michael-hudson.com. December 16, 2010.

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• Quantitatve easing is NOT going away. Every major country is running a deficit. If they are all net borrowers then who is the lender? The central banks. For this reason – QE is not going away for a long time.

  Jeffrey Gundlach

  Running, Country, Long

  "GUNDLACH: Anyone Who Says Interest Rates Will Rise Soon Is 'Absolutely Wrong'" by Lance Roberts, www.businessinsider.com. May 3, 2013.

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• Near-term deficits are temporary and manageable if - and only if - we keep spending in check, the tax burden low and the economy growing.

  Jim Nussle

  Ifs And, Growing, Economy

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• I have attention deficit disorder, so sitting in a classroom is not the best thing for me.

  Jeremy Miller

  Attention, Sitting, Classroom

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• The American people want a balanced budget. They want Congress to stop this barbaric practice of perpetual deficit spending. It really, if you think about it, is a form of taxation without representation. We fought a war over that issue and we won that war.

  Mike Lee

  War, Thinking, Practice

  "Tea Party Senator Mike Lee: We Need to Change the Way We Spend Money in Washington". "On the Record" with Greta Van Susteren, www.foxnews.com. April 12, 2011.

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• While Romney has an overall deficit with women voters, his biggest disadvantage is with college educated women - wherever they work, at home, in an office, a store or a factory.

  Mara Liasson

  Home, College, Office

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• Establishing a 0.03 percent Wall Street speculation fee, similar to what we had from 1914-1966, would dampen the dangerous level of speculation and gambling on Wall Street, encourage the financial sector to invest in the productive economy and reduce the deficit by more than $350 billion over 10 years.

  Bernie Sanders

  Wall, Gambling, Years

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

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• Thanks to decades of accumulated federal budget deficits and, more significantly, imprudent Medicare and Social Security policies, we've stolen almost $60 trillion from our children.

  Steven Rattner

  Children, Thanks, Social

  "Stop Stealing From Our Kids" by Steven Rattner, opinionator.blogs.nytimes.com. March 14, 2013.

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• We have to change economic policy: create confidence, foster investment, cut the public deficit, restructure taxation, and reform the labor laws.

  Mariano Rajoy

  Cutting, Labor Laws, Reform

  "Will Spain Be the Next Greece?". Interview with Lalli Weymouth, www.slate.com. October 28, 2011.

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• For me, there will be no enemies but unemployment, the deficit, excessive debt, economic stagnation and anything else that keeps our country in these critical circumstances.

  Mariano Rajoy

  Country, Enemy, Unemployment

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• The three main political parties all agree the UK deficit is high and needs to be brought down. All agree that it is easier to get a deficit down if you have faster growth, cutting unemployment-related costs and raising revenues.

  John Redwood

  Party, Cutting, Political

  "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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• D energy - Domestic jobs; Domestic energy; Deficit reduction.

  David Vitter

  Jobs, Energy, Reduction

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• I think the need to go on stage speaks to some sort of a profound psychological deficit, but something that happened when you were a kid. Or something your parents did.

  W. Kamau Bell

  Kids, Thinking, Profound

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• Honest talk about the deficit is risky. Voters are more enthusiastic about the abstract notion of deficit reduction than about the painful details of accomplishing it.

  Christina Romer

  Details, Voters, Honest

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• The uninformed must improve their deficit, or die.

  Cheshire Cat

  Uninformed, Dies

  "Fictional character: Cheshire Cat". Video Game "Alice", www.imdb.com. 2000.

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• Until the President produces a responsible deficit reduction plan, I'm not going to the White House to negotiate with myself.

  Jeff Landry

  White, House, President

  "La. Rep. Refuses Obama Invitation to be "Lectured to" at GOP Debt Meeting" by L.A. Holmes, www.foxnews.com. June 1, 2011.

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• I lowered taxes in New York. I reduced the size of government in New York. I took a $2.4 billion deficit and turned it into a $3.2 billion surplus. And I reduced taxes over 23 times or 23 times.

  Rudy Giuliani

  New York, Government, Size

  "He's Ready! Rudy Giuliani Talks with Sean Hannity". "Hannity & Colmes", www.foxnews.com. February 6, 2007.

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• As a senator, I worried every day about the size of the federal deficit. I did not spend a single minute worrying about the effect of gays on the institution of marriage. Today it seems to be the other way around.

  John C. Danforth

  Gay, Worry, Today

  "In the Name of Politics" by John C. Danforth, www.nytimes.com. March 30, 2005.

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• Deficit financing proper is rather the process whereby a Government spends more money that it withdraws from the economy by taxation, borrowing, running down reserves, etc.; thereby causing in most circumstances, and very acutely in ours, monetary inflation and severe pressure on the balance of payments.

  John James Cowperthwaite

  Running, Government, Balance

  Official Report of Proceedings of the Hong Kong Legislative Council (p. 249), March 29, 1967.

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• At any moment there is certainly not balanced trade between the various areas of the habitable globe that happens to be under seperate national governments - there is an ever-changing pattern of deficits and surpluses.

  Joan Robinson

  Government, Patterns, Moments

  Joan Robinson (2014). “Contributions to Modern Economics”, p.218, Academic Press

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• With uncertainty in oil markets, a buildup of speculative pressures and the large U.S. current account deficit, there is a real possibility that Paulson's crisis-management skills will be tested.

  Lawrence Summers

  Real, Oil, Management Skills

  "Watching the Yellow Flags" by David Ignatius, www.washingtonpost.com. May 31, 2006.

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