Quotessence
Home / Authors / David Stockman
David Stockman

David Stockman Quotes

Former Director of the Office of Management and Budget

Filter quotes by topic

AllBubblesThinkingInterestRateInterest RateRepublicanEconomyRealTaxesTodayWallCuttingFedsFinanceIfsProsperityWorldCashCrashFree Market

Famous David Stockman Quotes

“I think everybody benefitted from what I am calling a bubble finance system, a bubble economy and if we're ever going to right the system, we're going to have to stop this explosion of the federal debt. We need huge spending cuts, OK? Don't get me wrong, we need to raise regular taxes too but even beyond that it's not going to hurt if we want to reset the system to ask those who have benefitted disproportionately - remember, we got $60 trillion of net worth in the household sector. $45 trillion of that belongs to the top 5 percent.”

ThinkingRememberHurtEconomyCuttingTaxesFinanceBubbles
Author:David Stockman
Create image