Deficit Quotes - Page 4

• Democrats were quick to point out that President Bush's budget creates a 1 trillion dollar deficit. The White House quickly responded with 'Hey, look over there, it's Saddam Hussein.'

  Craig Kilborn

  White, House, President

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• The U. S. trade deficit with China shows that while we value the potential of their market, they value the reality of our market. It is in this area that we should use our leverage.

  Adam Schiff

  Reality, Use, Should

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• At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But it will also need additional revenues. Should the government not receive them, we will all get punished with higher interest rates.

  George Soros

  Running, Government, Over You

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• Conservatives were brought up to hate deficits and justifiably so. We've long thought there are two things in Washington that are unbalanced - the budget and the liberals.

  Ronald Reagan

  Hate, Two, Long

  United States. President (1981-1989 : Reagan), Ronald Reagan (1982). “Ronald Reagan”

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• Like our finances, humankind is living with a growing ecological deficit but the solution is different. The deficit will worsen with dangerous consequences unless we address population growth sooner rather than later. Efficiency improvements, increased use of renewable resources and less waste in themselves are no longer sufficient to put us back into credit

  Phil Harding

  Growth, Population, Different

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• If you took every single penny that Warren Buffett has, it'd pay for 4-1/2 days of the US government. This tax-the-rich won't work. The problem here is the government is way bigger than even the capacity of the rich to sustain it. The Buffett Rule would raise $3.2 billion a year, and take 514 years just to pay off Obama's 2011 budget deficit.

  Mark Steyn

  Government, Years, Pay

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• I don't think losing 3 million jobs, having deficits as far as the eye can go, having 2 million people lose their health insurance, turning your back on kids in schools and not funding No Child Left Behind represents a vision.

  John F. Kerry

  Jobs, Children, School

  "Bush Lays Out Campaign Agenda". www.foxnews.com. February 24, 2004.

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• It occurs to me as I write that this "white light," usually presented dippily (evidence of afterlife, higher power), is in fact precisely consistent with the oxygen deficit that occurs as blood flow to the brain decreases. "Everything went white," those whose blood pressure has dropped say of the instant before they faint.

  Joan Didion

  Writing, Afterlife, White

  Joan Didion (2007). “The Year of Magical Thinking”, p.156, Vintage

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• For decades, we have piled deficit upon deficit, mortgaging our future and our children's future for the temporary convenience of the present. To continue this long trend is to guarantee tremendous social, cultural, political, and economic upheavals. You and I, as individuals, can, by borrowing, live beyond our means, but for only a limited period of time. Why, then, should we think that collectively, as a nation, we are not bound by that same limitation?

  Ronald Reagan

  Children, Mean, Thinking

  First Inaugural Address, delivered 20 January 1981

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• To reverse the trend and reduce the role of government in our lives, and thus alleviate the government deficit and inflation pressures, is a giant educational task. The social and economic ideas that gave birth to the transfer system must be discredited and replaced with old values of individual independence and self-reliance. The social philosophy of individual freedom and unhampered private property must again be our guiding light.

  Hans F. Sennholz

  Educational, Philosophy, Self

  Hans F. Sennholz (1979). “Age of inflation”

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• Reading is everything. Reading makes me feel like I've accomplished something, learned something, become a better person. Reading makes me smarter. Reading gives me something to talk about later on. Reading is the unbelievably healthy way my attention deficit disorder medicates itself. Reading is escape, and the opposite of escape; it's a way to make contact with reality after a day of making things up, and it's a way of making contact with someone else's imagination after a day that's all too real. Reading is grist. Reading is bliss.

  Nora Ephron

  Real, Reading, Book

  FaceBook post by Nora Ephron from Feb 02, 2012

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• If Jesus gives us a task or assigns us to a difficult season, every ounce of our experience is meant for our instruction and completion if only we'll let Him finish the work. I fear, however, that we are so attention-deficit that we settle for bearable when beauty is just around the corner.

  Beth Moore

  Jesus, Giving, Tasks

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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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• Anything that's done to address unemployment in terms of massive stimulus spending is going to exacerbate deficits. And anything that's done to address deficits in the short-term is going to exacerbate unemployment.

  Indra Nooyi

  Unemployment, Done, Addresses

  "Discouraged CEOs Set Bar Low for Obama's Job Speech" by Gennine Kelly, www.cnbc.com. September 6, 2011.

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• If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates.

  Marc Faber

  Issues, Government, Bills

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• We think we can't survive without deficit spending - but we soon won't be able to survive with deficit spending, either.

  Tony Blankley

  Thinking, Political, Able

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• From the time we begin school, if not sooner, we are taught to be blind to our assets and only see our deficits. We are carefully marked on how many we got wrong on a test and, rarely if ever, asked how we know how to spell the ones we got right. By the time we are adults, we are well versed in every one of our limitations, skilled in our incompetence. If we were fish in an aquarium, it would be as if we kept smashing against the glass, and forgot the fact that we were perfectly capable of turning ever so slightly and swimming gracefully in the water all around us.

  Dawna Markova

  Education, School, Swimming

  Dawna Markova (2000). “I Will Not Die An Unlived Life: Reclaiming Passion and Purpose”, Conari Press

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• Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.

  William Vickrey

  Doe, Levels, Produce

  William Spencer Vickrey (2004). “Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey”, Edward Elgar Pub

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• Cutting carbs, fats, or calories (dieting) is like trying to hold your breath.  The longer you do it, the more your body resists it until you finally gasp for air – taking in more than ever to overcome the short-term deficit you induced.

  Matt Stone

  Cutting, Air, Trying

  Matt Stone (2014). “Diet Recovery: Restoring Hormonal Health, Metabolism, Mood and Your Relationship with Food”, p.19, Matt Stone

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• If you’re going to enjoy the picnic that life really is, you’d better learn to like yourself not despite your flaws and so-called deficits, but because of them.

  Paul Orfalea

  Love Yourself, Self Love, Enjoy Life

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• Nature-deficit disorder describes the human costs of alienation from nature, among them: diminished use of the senses, attention difficulties, and higher rates of physical and emotional illnesses. The disorder can be detected in individuals, families, and communities.

  Richard Louv

  Emotional, Community, Attention

  Richard Louv (2008). “Last Child in the Woods: Saving Our Children From Nature-Deficit Disorder”, p.36, Algonquin Books

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• Tax rates for the wealthy should revert to Clinton-era levels, both because it is necessary for long-term deficit reduction and because fairness dictates it. Moreover, there is no proof that higher marginal rates dissuade investment, all the rhetoric from the Right notwithstanding.

  Eliot Spitzer

  Long, Levels, Eras

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• In different countries the basis of resistance takes different forms, but it comes chiefly from the conservative groups. Hence it becomes increasingly difficult to go on spending in the presence of persisting deficits and rising debt. Some form of spending must be found that will command the support of the conservative groups. Political leaders, embarrassed by their subsidies to the poor, soon learned that one of the easiest ways to spend money is on military establishments and armaments, because it commands the support of the groups most opposed to spending.

  John T. Flynn

  Country, Military, Political

  John T. Flynn (1944). “As We Go Marching”

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• I will fight for budget honesty and eliminating the deficit to reduce the transfer of debt to younger generations.

  Roscoe Bartlett

  Honesty, Fighting, Generations

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• Technology usually provides a series of tradeoffs. Each asset is offset by a deficit...A major problem occurs when those who suffer from technology's defecits and those who benefit are not the same people.

  Donald A. Norman

  Technology, People, Suffering

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