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Tag Name "Deficits" (71)
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Deficits must be cut, yes, but the rush to austerity risks undermining the fragile global recovery.
Alistair Darling
Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.
William Vickrey
The major cause for American Negroes intellectual and social deficits is hereditary and racially genetic in origin and thus not remedial to a major degree by improvement in environment.
William Shockley
Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.
William Vickrey
When done right - or wrong, depending on how you look at it - deficits remove liberal options from the table. Suddenly there's no money for building bridges or inspecting meat. Not surprisingly, running up a deficit is a strategy favored by the wrecking crew for its liberal-killing properties.
Thomas Frank
Looking at the high cost of occupation in Iraq and the needs we have in this country, would it not have been better to have smaller tax cuts in order to keep down the deficits.
Timothy J. Russert
Almost every key indicator of the current economy - unemployment, deficits, housing, energy - argues that Obama's reactionary all-powerful statist approach has only made things far worse.
Victor Davis Hanson
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
Governments don't reduce deficits by raising taxes on the people governments reduce deficits by controlling spending and stimulating new wealth.
Ronald Reagan
Bush may be a strong leader in the war on terrorism, but on budget deficits he is missing-in-action.
Jim Cooper
I don't know how you make a record on liberal and conservative these days. We've had a conservative Republican Congress, so to speak, and a conservative president, and we've run up one of the most astounding deficits in the history of our nation.
Sam Nunn
Budget deficits are not caused by wild-eyed spenders, but by slow economic growth and periodic recessions. And any new recession would break all deficit records. In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low, and the soundest way to raise the revenues in the long run is to cut the rates now.
John F. Kennedy
I know economists will say well, we could run a small deficit but the problem is that once you cross that line as we see in the United States, nothing stops deficits from getting larger and larger and spiralling out of control.
Stephen Harper
We developed during the 1990s a series of budget process rules that helped us bring to heel these deficits, diminishing every year and moving the budget so into surplus.
John Spratt
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.
John W. Snow
I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
Alan Greenspan
Moreover, because we chose to finance the way by borrowing, our deficits and debt has soared, and this means we have less room for maneuver, less money available to stimulate the eocnomy in the way needed.
Joseph Stiglitz
We must create wealth and we must cut our deficits.
Manuel Valls
If you're really concerned about deficits, you cannot take seriously a budget that would give $30 billion a year worth of tax cuts to not just the top 1 percent but the top 0.1 percent.
Barack Obama
The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.
Matt Taibbi
Californians are worried about whether they will have a job along with ballooning federal spending and deficits.
Carly Fiorina
Governments create money and spend it into the economy by running budget deficits. The paper currency in your pocket is technically a government debt.
Michael Hudson
One of the reasons the deficit got as big as it did, frankly, was because of the economic slowdown, the fall-off in deficits, the terrorist attacks. A significant chunk was taken out of the economy by what happened after the attacks of 9/11.
Dick Cheney
Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire.
Nouriel Roubini
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