Deficit Quotes - Page 17

• He [Barack Obama] talked about deficit reduction. This got me he was talking about how the deficit's being reduced faster in the last 60 years. That's because he's collected more taxes. That's like bragging that you paid your rent after you robbed a bank. It makes no sense.

  Barack Obama

  Talking, Years, Lasts

  Source: www.foxnews.com

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• What I'm saying is America has a job deficit because hundreds of thousands of jobs went elsewhere. Not because [Barack] Obama raised your taxes. He, in fact, lowered them. They are lower.

  Henry Rollins

  Jobs, America, Facts

  Interview with Danny Stygion, www.sinicalmagazine.com. October 1, 2011.

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• The climate, financial and national security crises are all connected. They share the same cause: Our [the USA's] absurd dependency on foreign oil. As long as we need to spend billions of dollars each year to buy foreign oil from state-run oil companies in the Persian Gulf, our problems of a trade deficit, a budget deficit and a climate crisis will persist.

  Al Gore

  Running, Years, Usa

  "'I Am Optimistic'". Interview with Philip Bethge, Gregor Peter Schmitz and Gabor Steingart, www.spiegel.de. November 02, 2009.

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• A friend gave me a drug for attention deficit disorder, because he's afflicted, but I'm not. So what happened to me is I suddenly had an extra-long attention span. People would tell me a story, and it would end, and I'd get all mad. "Come on, man, there has to be more to that story."

  Mitch Hedberg

  Funny, Humor, Men

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• If the US government spends 40 percent of the nation's income, as it does through either borrowing or taxes, that income is not available for people to spend. The deficit is an indirect method of taxation. Of course, politicians prefer to borrow instead of tax because then someone down the road has to deal with the consequences.

  Milton Friedman

  Government, People, Doe

  Source: www.huffingtonpost.com

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• I have nothing to do with comics. I know nothing about comics. I am aware of the importance of comics, but they're not within my world. Not because I feel that I'm above it, but just that micro-surgery is not in my world either. Is that a deficit or is that an advantage?

  Christoph Waltz

  World, Advantage, Importance

  "Rogen, Diaz, Chou, Waltz, Gondry and Moritz Talk About Making 'the Green Hornet'". Interview with the filmmakers, www.hollywoodnews.com. January 13, 2011.

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• 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

  Race, Intellectual, Degrees

  "NRA Leader Once Worked for Professor Who Claimed Blacks Were Genetically Inferior" by David Corn and Pema Levy, www.motherjones.com. May 1, 2018.

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• I love listening to these guys give us lectures about debt and deficits. I inherited a trillion-dollar deficit. ... This notion that somehow we caused the deficits is just wrong. It's just not true. ... If they start trying to give you a bunch of facts and figures suggesting that it's true, what they're not telling you is they baked all this stuff into the cake with those tax cuts and a prescription drug plan that they didn't pay for and the wars.

  Barack Obama

  War, Cutting, Cake

  "Remarks at an Obama Victory Fund 2012 Fundraiser in Baltimore, Maryland". www.presidency.ucsb.edu. June 12, 2012.

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• New taxes are so unpopular that most 'social' handout schemes are originally enacted without enough increased taxation to pay for them. The result is chronic government deficits, paid for by the issuance of additional paper money.

  Henry Hazlitt

  Government, Taxation, Paper

  Henry Hazlitt (1996). “The Conquest of Poverty”

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• Ronald Reagan cut taxes to raise the deficit to stop liberals in future years from increasing spending. Obama will raise spending to raise the deficit to stop conservatives in future years from cutting taxes. As he funds every liberal dream - from alternative energy production to infrastructure renovation to more federal revenue sharing - he will force a massive expansion in the size of government for a decade to come.

  Dick Morris

  Dream, Cutting, Government

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• 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

  Powerful, Keys, Energy

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• When Congress votes for all sorts of benefits, without voting for enough taxes to pay for them, they get the support of those who have been promised the benefits, without getting grief from the taxpayers. It's strictly win-win as far as the welfare-state politicians are concerned. But it is strictly lose-lose, big-time, for the country, as deficits skyrocket.

  Thomas Sowell

  Country, Grief, Winning

  "Political Statistics". townhall.com. April 05, 2011.

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• Only dramatic cuts in the federal deficit, a rollback of regulations that cripple small and community banks, a cancellation of future tax increase plans, a big reduction in federal spending, repeal of Obamacare, freeing manufacturing from the prospect of carbon taxation and unleashing out domestic energy potential can solve our problems. But Obama is not about to undo his legacy of disaster for the American people.

  Dick Morris

  Cutting, Obamacare, People

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• The transfer society is forever testing the bounds of patience of taxpayers. Having reached the limit and still facing loud demands for more benefits, it resorts to deficit financing.

  Hans F. Sennholz

  Forever, Benefits, Demand

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• If we take two people who have exactly the same sort of lesion or area of damage in the brain and then we do cognitive tests on them, you know, one person might have a very severe deficit in a certain area of thinking and another person might not with the same exact lesion. So there is a lot of differences and you can't just look at one brain and understand the whole picture.

  H. A. Berlin

  Thinking, Two, Differences

  "Heather Berlin on the Link Between Genius and Disorder". bigthink.com.

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• A city suffering from chronic poverty, out-of-control crime, a $76 million budget deficit and a 15 percent unemployment rate (nearly 50 percent for Oakland's youth) can hardly afford such social justice follies. But a pushover Democratic mayor and an overwhelmed police force have left what's left of gainfully employed Oakland taxpayers at the mercy of professional freeloaders and anti-capitalism saboteurs.

  Michelle Malkin

  Cities, Oakland, Justice

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• The only way government bureaucrats know of keeping prosperity going is to inflate some more - to increase the deficit or to pump more money into the system.

  Henry Hazlitt

  Government, Pumps, Way

  Henry Hazlitt (1971). “Man Vs. the Welfare State”, p.138, Ludwig von Mises Institute

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• The company must be profitable. Preferably it will have increased its earnings for the past five years and there will have been no deficits over that period.

  Peter Cundill

  Past, Years, Earning

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• You can't blame the administration and the Republicans for taking us back to deficits, for spending the Social Security surplus and assaulting the environment. That's what they promised to do in the last election.

  William J. Clinton

  Lasts, Administration, Election

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• The social and racial conflict, which springs from the redistribution ideology, may deepen as economic output is shrinking and transfer 'entitlements cause budget deficits to soar. The U.S. dollar, which has become a mere corollary of government finance, is likely to survive the soaring deficits.

  Hans F. Sennholz

  Spring, Government, Dollars

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• A hundred welfare programs, spending more and more billions, lead to chronic budget deficits, which lead to increased paper-money issues, which lead to higher prices.

  Henry Hazlitt

  Welfare Programs, Issues, Paper

  Henry Hazlitt (1971). “Man Vs. the Welfare State”, p.184, Ludwig von Mises Institute

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• If you're worried about the deficit, pay attention to the fact that it's almost all attributable to military spending and the totally dysfunctional health program.

  Noam Chomsky

  Military, Attention, Pay

  "Noam Chomsky: WikiLeaks Cables Reveal “Profound Hatred for Democracy on the Part of Our Political Leadership”". Interview with Amy Goodman, www.democracynow.org. November 30, 2010.

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• Spending on the military doesn't increase the deficit.

  Ronald Reagan

  Military, Increase, Spending

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• I am fighting for those middle-class families who want us to deal with our debt and deficit, but they also want the investments that are critical to our country moving forward.

  Patty Murray

  Country, Moving, Fighting

  "Murray: I will chair Senate Budget" by Scott Wong, www.politico.com. November 15, 2012.

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• Even if Bush could be forgiven for taking America, and much of the rest of the world, to war on false pretenses, and for misrepresenting the cost of the venture, there is no excuse for how he chose to finance it. His was the first war in history paid for entirely on credit. As America went into battle, with deficits already soaring from his 2001 tax cut, Bush decided to plunge ahead with yet another round of tax "relief" for the wealthy.

  Joseph Stiglitz

  War, Cutting, America

  "The True Cost of 9/11" by Joseph Stiglitz, www.slate.com. September 1, 2011.

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