Deficit Quotes - Page 12

• The American people want a balanced budget. They want Congress to stop this barbaric practice of perpetual deficit spending. It really, if you think about it, is a form of taxation without representation. We fought a war over that issue and we won that war.

  Mike Lee

  War, Thinking, Practice

  "Tea Party Senator Mike Lee: We Need to Change the Way We Spend Money in Washington". "On the Record" with Greta Van Susteren, www.foxnews.com. April 12, 2011.

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• I have attention deficit disorder, so sitting in a classroom is not the best thing for me.

  Jeremy Miller

  Attention, Sitting, Classroom

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• Near-term deficits are temporary and manageable if - and only if - we keep spending in check, the tax burden low and the economy growing.

  Jim Nussle

  Ifs And, Growing, Economy

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• Quantitatve easing is NOT going away. Every major country is running a deficit. If they are all net borrowers then who is the lender? The central banks. For this reason – QE is not going away for a long time.

  Jeffrey Gundlach

  Running, Country, Long

  "GUNDLACH: Anyone Who Says Interest Rates Will Rise Soon Is 'Absolutely Wrong'" by Lance Roberts, www.businessinsider.com. May 3, 2013.

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• Attention deficit is no longer the supposed domain of Generation Y's who were brought up on a diet of social media and new technology. A recent study revealed 65 percent of 55-64 year olds surf, text and watch television simultaneously.

  Kevin Kelly

  Technology, Media, Years

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• Until the President produces a responsible deficit reduction plan, I'm not going to the White House to negotiate with myself.

  Jeff Landry

  White, House, President

  "La. Rep. Refuses Obama Invitation to be "Lectured to" at GOP Debt Meeting" by L.A. Holmes, www.foxnews.com. June 1, 2011.

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• I lowered taxes in New York. I reduced the size of government in New York. I took a $2.4 billion deficit and turned it into a $3.2 billion surplus. And I reduced taxes over 23 times or 23 times.

  Rudy Giuliani

  New York, Government, Size

  "He's Ready! Rudy Giuliani Talks with Sean Hannity". "Hannity & Colmes", www.foxnews.com. February 6, 2007.

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• If you wanted to create jobs in a way that has minimal effect on the deficit but has government action, the two best things you could do are the infrastructure bank and a simple SBA-like loan guarantee for all building retrofits, where the contractor or the energy-service company guarantees the savings. So that allows the bank to loan money to let a school or a college or a hospital or a museum or a commercial building unencumbered by debt to loan it on terms that are longer, so you can pay it back only from your utility savings. You could create a million jobs doing that.

  William J. Clinton

  Jobs, School, Simple

  "Bill Clinton: Someone We Can All Agree On". Interview with Charles P. Pierce and Mark Warren, www.esquire.com. January 18, 2012.

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• Back in those days, in the fifties and sixties, countries had balance of payment's deficits or surpluses, those were reflected much more than today in movements of reserves among countries.

  Robert C. Solomon

  Country, Balance, Movement

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• 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

  Growth, Important, Economy

  "Treasury Secretary Snow Optimistic on Economy". "PBS NewsHour" with Jim Lehrer, www.pbs.org. March 23, 2005.

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• I get a headache when I hear supporters of this endless warfare complaining about the federal budget deficits. They're like arsonists complaining about the smell of smoke in the neighborhood.

  Bob Herbert

  Smell, Warfare, Complaining

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• D energy - Domestic jobs; Domestic energy; Deficit reduction.

  David Vitter

  Jobs, Energy, Reduction

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• I think the need to go on stage speaks to some sort of a profound psychological deficit, but something that happened when you were a kid. Or something your parents did.

  W. Kamau Bell

  Kids, Thinking, Profound

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• Ben Carson says his flat tax will be around 15 percent. And by God, if he ever shows you the details, you'll see how awesome and deficit-killing it is.

  Kevin Drum

  Ben Carson, Details, Killing

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• We must create wealth and we must cut our deficits.

  Manuel Valls

  Cutting, Wealth

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• Americans have a strange notion that the ordinary laws of economics do not apply to them. So doubtless they will think they are prosperous if the boom starts, and that deficits and indebtedness are merely signs of how prosperous they are.

  Albert J. Nock

  Thinking, Law, Ordinary

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• The Republican party must break with its long-established instinct for caution and make a bold stand for first principles of freedom and constitutional limitations on government - from full repeal of Obamacare to rolling back multitrillion-dollar deficits. This is not so much a reproach of past Republican conduct as it is a recognition of new opportunities.

  Tony Blankley

  Party, Past, Opportunity

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• President Obama inherited a one trillion dollar deficit courtesy of George Bush and turned it into a three trillion dollar deficit courtesy of Karl Marx!

  Michael Savage

  President, Dollars, Three

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• President Obama told a group of school children that broccoli was his favorite food, and they believed him. Then he told them Obamacare would reduce the deficit and the kids all busted out laughing.

  Jay Leno

  Children, School, Kids

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• My advice for Sebastian Kehl is: if you have a 35-point deficit in the league, it is better to shut up.

  Pep Guardiola

  League, Advice, Shut Up

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• I don't understand how the Republican party is the party with the reputation for fiscal conservatism and fiscal sanity, when they're the ones who run up the debt. It was Reagan who ran up the debt and now Bush is doing it again, and in between, Clinton and Bush's father, I must say, worked so hard to get that deficit and that debt down.

  Bill Maher

  Running, Father, Party

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• Budget cuts if you're not rich, tax cuts if you are. Less money for those who don't have any and more to those who do. That's how President Fredo says we're going to get out of the giant deficit hole he's dug. You can't put it any more simply. Rich people richer. Poor people poorer.

  Will Durst

  Cutting, People, President

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• Meanwhile, the U.S. debt remains, as it has been since 1790, a war debt; the United States continues to spend more on its military than do all other nations on earth put together, and military expenditures are not only the basis of the government's industrial policy; they also take up such a huge proportion of the budget that by many estimations, were it not for them, the United States would not run a deficit at all.

  David Graeber

  Running, Military, War

  "Debt: The First 5000 Years". Book by David Graeber, 2011.

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• It has been obvious all along, to anyone paying attention, that the politicians shouting loudest about deficits are actually using deficit hysteria as a cover story for their real agenda, which is top-down class warfare. To put it in Romneyesque terms, it's all about finding an excuse to slash programs that help people who like to watch Nascar events, even while lavishing tax cuts on people who like to own Nascar teams.

  Paul Krugman

  Real, Team, Cutting

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• We may casually talk of all sorts of new programs and 'stimulus,' but the vast trillion-dollar collective national debt and rising annual deficits will insidiously hamstring almost everything we plan to do.

  Victor Davis Hanson

  Dollars, Rising, Debt

  "Divine Debt Trumps All" by Victor Davis Hanson, www.realclearpolitics.com. August 20, 2009.

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