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Economics Quotes

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Economics Quotes

“I put forward a budget of what I called "middle-class economics" that continues to be fiscally prudent but makes necessary investments for us to continue the economic momentum and job growth.”

Jobs Growth Class Economic Middle Economics Investment Budgets Middle Class Momentum Prudent Job Growth

Author:Barack Obama

“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.”

“The federal budget deficit is the biggest single impediment to revitalizing the American economy.”

Economy Economics Budgets Deficit Impediments American Economy Budget Deficit

Author:Alice Rivlin

“While I am not a scientist, and write primarily on economics, tax policy and budget issues, I have been fascinated over the years by Heartland's work on climate change.”

Writing Years Has Beens Issues Policy Taxes Economics Scientist Climate Climate Change Budgets Fascinated

Author:Peter Ferrara

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

Cutting Exercise Economics Budgets Deficit Budget Deficit

Author:George Osborne

“You know, if government were a product, selling it would be illegal. ... Government contains impure ingredients - as anybody who's looked at Congress can tell you. ... government practices deceptive advertising. And the merest glance at the federal budget is enough to convict the government of perjury, extortion, and fraud. ... in a nutshell: government should be against the law. Term limits aren't enough. We need jail.”

“Three-fifths to two-thirds of the federal budget consists of taking property from one American and giving it to another. Were a private person to do the same thing, we'd call it theft. When government does it, we euphemistically call it income redistribution, but that's exactly what thieves do - redistribute income. Income redistribution not only betrays the founders' vision, it's a sin in the eyes of God.”

Giving Persons Doe Two Government Eye Three Sin Liberty Vision Economic Economics Thirds Property Income Budgets Betray Thieves Founders Theft Income Redistribution

Author:Walter E. Williams

“The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced. If the nation doesn't want to go bankrupt, people must again learn to work, instead of living on public assistance.”

People Ifs Want Government Nations Liberty Authority Economics Debt Libertarian Budgets Arrogance Controlled Libertarianism Balanced Assistance Payment Living On National Debt

Author:Taylor Caldwell

“According to the Tax Foundation, taxes now consume more than 38% of the average family's budget. That is more than is spent on food, clothing, housing, and transportation combined. Compare this to the plight of medieval serfs. They only had to give the lord of the manor one-third of their output - and they were considered slaves. So what does that make us?”

Giving Doe Liberty Lord Taxes Economics Thirds Foundation Slave Average Libertarian Compare Budgets Clothings Libertarianism Housing Medieval Transportation Output Plight Serfs

Author:Daniel J. Mitchell

“What would you think of a person who earned $24,000 a year but spent $35,000? Suppose on top of that, he was already $170,000 in debt. You'd tell him to get his act together - stop spending so much or he'd destroy his family, impoverish his kids and wreck their future. Of course, no individual could live so irresponsibly for long. But tack on eight more zeroes to that budget and you have the checkbook for our out-of-control, big-spending federal government.”

Thinking Years Persons Long Bigs Government Kids Together Political Courses Politics Individual Economics Eight Debt Spending Budgets Federal Government Wrecks Politics And Economics

Author:John Stossel

“Balancing your budget is like protecting your virtue. You have to learn when to say no.”

Virtue Economics Budgets

Author:Ronald Reagan

“Can there be a more lamentable picture than that of a Chancellor of the Exchequer seated on an empty chest by a pool of bottomless deficiency fishing for a budget?”

Economics Empty Budgets Fishing Chests Pool Deficiency

Book:The Opinions of Sir Robert Peel, Expressed in Parliament and in Public

Source: The Opinions of Sir Robert Peel, Expressed in Parliament and in Public

“Do you realize that the 850 billion dollar bank bailout, that sum of money is greater than the entire 50 year running budget of NASA. And so when someone says, 'We don't have enough money for this space probe.' No, it's not that you don't have enough money. It's that the distribution of money that you're spending is warped in some way that you are removing the only thing that gives people something to dream about tomorrow.”

“The budget should be balanced not by more taxes, but by reduction of follies.”

Should Taxes Economics Budgets Presidential Folly Balanced Reduction

Book:American ideals and the New deal ... eight addresses upon pressing national problems

Source: American ideals and the New deal ... eight addresses upon pressing national problems

“If the US Government was a family—they would be making $58,000 a year, spending $75,000 a year, & are $327,000 in credit card debt. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. These are the actual proportions of the federal budget & debt, reduced to a level that we can understand.”