“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.” PresidentEconomyIssuesRecordsCampaignsDirtyDesperatePresident ObamaDeficitMedicareDespicableObama Campaign Author:Reince Priebus
“I served at a time when we had a strong economy, when we had deficits that we would die for today. I was able to propose a balanced budget, not over ten years, but over five years. I'm proud of that record.” YearsTodayAbleDiesStrongEconomyRecordsFiveProudTenBudgetsFive YearsBalancedDeficitProposeBalanced BudgetStrong Economy Author:Rob Portman
“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.” YearsLevelsEconomyStreetsDangerousWallPercentFinancialBillionsProductiveGamblingSpeculationDeficitFees Author:Bernie Sanders
“Near-term deficits are temporary and manageable if - and only if - we keep spending in check, the tax burden low and the economy growing.” IfsTermEconomyGrowingTaxesLowsBurdenSpendingChecksTemporaryDeficitManageableIfs AndTax Burden Author:Jim Nussle
“We're focused on doing the things that make the economy perform well, and as you do that, reduce deficits, for one, very important; secondly, keep growth rates high, very important.” WellsImportantGrowthEconomyRateFocusedDeficit Author:John W. Snow
“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.” FirstsBelieveKindTwoDoneChoicesI BelieveResultsEconomyCuttingAchieveTypeTaxesWasteWeaknessEconomicsIncreaseInvestmentDebtPracticalsBudgetsTemporaryTransitionTaxationRevenueDeficitInadequateBoostInertiaTax CutsSurplusUnwanted Author:John F. Kennedy
“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.” PeopleFeelsHas BeensDoneBitsBlackResultsEconomyToo MuchAccountsGood ThingsInvestmentCurrentsDecadesIncomeSavingMassiveRacingMondayInflationDeficitRecessionsBorrowingAftermathToo Much Of A Good Thing Author:Nigel Lawson
“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.” GovernmentRunningProcessEconomyBalanceCircumstancesPressureEtcMore MoneyReservesSevereTaxationInflationDeficitPaymentMonetaryBorrowingFinancing Author:John James Cowperthwaite
“Electrical fire and the fire of greed kindle economies. In that flux, nations become digitized commodities on stock-exchange floors and on investors' rating screens. A country becomes a product to be rated for its obedience to paying of deficits and debts.” CountryNationsEconomyFireProductsGreedDebtScreensObedienceInvestorsCommodityDeficitRatingElectricalKindlesFluxStock Exchange Author:B. W. Powe
“I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It might be technically possible, but it is not realistic.” MeanProblemMightEconomyCuttingSolutionsRealisticDeficit Author:Alan Greenspan
“Democrats in Washington predicted that tax cuts would not create jobs, would not increase wages, and would cause the federal deficit to explode. Well, the facts are in. The tax cuts have led to a strong economy. Real wages were on the rise, and deficit has been cut in half three years ahead of schedule.” YearsWellsHas BeensRealFactsJobsThreeStrongCausesHalfEconomyCuttingTaxesIncreaseDemocratThree YearsSchedulesWagesDeficitTax CutsStrong Economy Author:George W. Bush
“The [budget] deficit isn't the immediate problem for most people, the weak economy is.” PeopleProblemEconomyWeakBudgetsDeficitBudget Deficit Author:Cynthia Tucker
“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.” MeanDreamGovernmentAblePoliticalPoliticsSportsTermWaterEconomyEthicsPropertySpendingOilStealingSufficientFundStolenDeficitSpellingSurplusPolitical EconomyOil And Water Author:Ilana Mercer
“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.” WarNationsEconomySeriousCostBudgetsCorporationsGrantsImmenseDeficitSubsidiesSluggishOutlandishBudget Deficit Author:Ron Kind
“We don't need more politicians insisting we have deficits because you're not taxed enough. Those deficits ballooned from an economy that didn't grow enough and from 50 years of government spending too much.” NeedsYearsEnoughGovernmentGrowsEconomyToo MuchPoliticianSpendingDeficitAmerican PoliticsInsistingGovernment Spending Book:Ronald Reagan Source: Ronald Reagan
“Canada is in budgetary deficit now only because of the recession, only because of stimulus measures, and we will come out of it. We will go back into surplus position when the economy recovers. So there is no need in Canada to raise taxes.” NeedsEconomyPositionTaxesRaisesCanadaDeficitStimulusRecessionsSurplus Author:Stephen Harper
“The federal budget deficit is the biggest single impediment to revitalizing the American economy.” EconomyEconomicsBudgetsDeficitImpedimentsAmerican EconomyBudget Deficit Author:Alice Rivlin
“At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But it will also need additional revenues. Should the government not receive them, we will all get punished with higher interest rates.” NeedsShouldGovernmentRunningInterestEconomyBalanceHigherRateBudgetsOver YouDesirableRevenueDeficitRecessionsInterest RateBudget Deficit Author:George Soros
“If you raise taxes on millionaires and billionaires, you'll do nothing to address the debt and the deficit. And the thing you might do is you might finally put this economy over another cliff. These millionaires and billionaires are the folks that try to create jobs and help grow the economy.” IfsTryingHelpingMightJobsGrowsEconomyTaxesRaisesFolksDebtAddressesDeficitCliffsMillionaireBillionaire Author:Joe Walsh