Peter R. Orszag Quotes

• The government could either raise $100 by selling allowances and then give that amount in cash to particular businesses and individuals, or it could simply give $100 worth of allowances to those businesses and individuals, who could immediately and easily transform the allowances into cash through the secondary market.

  Peter R. Orszag

  Government, Giving, Energy

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• Well, I think what we need to remember is that budget deficits can impede economic activity.

  Peter R. Orszag

  Thinking, Needs, Remember

  "The Situation Room" with Wolf Blitzer, www.realclearpolitics.com. November 12, 2009.

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• It is a foregone opportunity that we could have a trillion dollars more of income for the United States if we were producing at capacity rather than falling so far short of it.

  Peter R. Orszag

  Fall, Opportunity, United States

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• Social Security faces a long-term actuarial deficit, yes.

  Peter R. Orszag

  Long, Faces, Social

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• For example, I was privileged to be working at the White House under the Clinton administration and had not finished my Ph.D., and I thought I was the cat's meow.

  Peter R. Orszag

  Cat, White, House

  "How Peter Orszag's Budget Team Makes America Work" by John H. Richardson, www.esquire.com. February 1, 2010.

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• Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.

  Peter R. Orszag

  Acting, Imbalance, Spending

  "The Situation Room" with Wolf Blitzer, www.realclearpolitics.com. November 12, 2009.

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• Total borrowing has imploded. Private borrowing has collapsed. And, in effect, the Treasury Department is the last borrower left standing.

  Peter R. Orszag

  Lasts, Treasury, Borrowing

  "The Situation Room" with Wolf Blitzer, www.realclearpolitics.com. November 12, 2009.

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• There've been times where I wondered whether it was worth continuing in my own education.

  Peter R. Orszag

  Continuing, My Own

  "How Peter Orszag's Budget Team Makes America Work" by John H. Richardson, www.esquire.com. February 1, 2010.

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• My mom is a very warm, typical sort of Jewish-mother type. And my dad has a somewhat, um, different personality.

  Peter R. Orszag

  Mom, Mother, Dad

  "How Peter Orszag's Budget Team Makes America Work" by John H. Richardson, www.esquire.com. February 1, 2010.

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• Every day is like that, eight successive meetings on eight different topics, every one really important and interesting.

  Peter R. Orszag

  Eight, Interesting, Important

  "How Peter Orszag's Budget Team Makes America Work" by John H. Richardson, www.esquire.com. February 1, 2010.

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• The most important thing for small businesses is getting the economy back on its feet. That - the key driver of small business activity is demand for their product, and that is what we are trying to do, getting the economy back on its feet. That's far more important than other factors.

  Peter R. Orszag

  Keys, Feet, Important

  "Peter Orszag and Sen. Judd Gregg on 'FNS'". FOX News Sunday With Chris Wallace", www.foxnews.com. July 20, 2009.

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• If you didn't auction the [CO2] permits, it would represent the largest corporate welfare program that has ever been enacted in the history of the United States. All of the evidence is that what would occur is that corporate profits would increase by approximately the value of the permits.

  Peter R. Orszag

  Welfare Programs, Energy, United States

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• Something that's unsustainable, like a dysfunctional relationship, can go on longer than you expect, and then end faster and messier than you think.

  Peter R. Orszag

  Thinking, Goes On, Faster

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