Joseph Stiglitz Quotes About Spending Money

Quotes about: Spending Money

• There is a clear and strong link between the economy's present woes and the Iraq war. The war was at least one of the factors contributing to rising oil prices - which meant Americans were spending money on imported oil, rather than on things that would stimulate the american economy. Hiring Nepalese contractors in Iraq, moreover, doesn't stimulate the American economy in the way that building a school in America would do - and obviously doesn't have the long term benefits.

  Joseph Stiglitz

  Strong, War, School

  Source: www.washingtonpost.com

• The important lesson of the deficit is - and the national debt - is we have to be careful about how we're spending money.

  Joseph Stiglitz

  Important, Debt, Lessons

  "Jack Welch Gives 'Em Hell at VF/Bloomberg Panel". “No Visibility Ahead: Predicting What’s Next” panel, co-hosted by Vanity Fair and Bloomberg, www.vanityfair.com. May 29, 2009.

• As a rich country, we can, in some sense, "afford" the war. But spending money on the war means that we are not spending money on other things that we could have spent the money on.

  Joseph Stiglitz

  Country, War, Mean

  Source: www.washingtonpost.com

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