Deficit Quotes - Page 5

• I am rather tired, and no longer young enough to pillage the night to make up for the deficit of hours in the day..." JRR Tolkien, Letter # 174

  J. R. R. Tolkien

  Tired, Night, Hours In The Day

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• Governments harangue about deficits to get more revenue so they can spend more.

  Allan H. Meltzer

  Government, Libertarian, Communism

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• When you think about it, attention-deficit order makes a lot of sense. In this country there isn't a lot worth paying attention to.

  George Carlin

  Country, Stupid, Thinking

  George Carlin (2002). “Napalm & Silly Putty”, Hyperion

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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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• Community is as endangered by surplus as it is by deficit. If there is too much money floating around it enables people to have no need of each other.

  Bill McKibben

  Money, People, Community

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• ...More important than the deficit, more important then healthcare-more important than anything-we have got to do something about our energy strategy. Because if we permit the climate to continue to warm at an unsustainable rate, and if we keep on doing what we're doing until we're out of oil and we haven't made the transition, then it's inconceivable to me that our children and grandchildren will be able to maintain the American way of life and that the world won't be much fuller of resource-based wars of all kinds.

  William J. Clinton

  Children, War, Oil

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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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• What we need to do is not only live within our means, but start paying down the deficit, and offer an opportunity at least for the next generation to get out.

  Ron Paul

  Mean, Opportunity, Needs

  Ron Paul's speech at the 35th annual Conservative Political Action Conference, www.c-span.org. February 7, 2008.

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• What we also have to recognize is that the deficit levels that I'm inheriting, over a trillion dollars, coming out of last year, that that is unsustainable. At a certain point, other countries stop buying our debt, at a certain point, we'd end up having to raise interest rates, and it would end up creating more economic chaos and potentially inflation.

  Barack Obama

  Country, Money, Years

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• Is this money well spent? This is taxpayer money, it is going to be adding to the deficit short term and if we can't justify it, then we're not going to spend tens or hundreds of billions of dollars, just to make somebody happy, if it's not good for the economy.

  Barack Obama

  Money, Dollars, Economy

  Interview with John Harwood, www.nbcnews.com. January 7, 2012.

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• When George Bush came into office, we had surpluses. And now we have half-a-trillion-dollar deficit annually. When George Bush came into office, our national debt was around $5 trillion. It's now over $10 trillion. We've almost doubled it.

  Barack Obama

  Money, Office, Dollars

  "Transcript of second McCain, Obama debate". edition.cnn.com. October 7, 2008.

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• We now know that inflation results from all that deficit spending.

  Ronald Reagan

  Economy, Results, Spending

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• A drastic reduction in the deficit...will take place in the fiscal year '82.

  Ronald Reagan

  Years, Economy, Reduction

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• Yes, the deficit doctors have their scalpels out all right, but they're not poised over the budget. That's as fat as ever and getting fatter. What they're ready to operate on is your wallet.

  Ronald Reagan

  Doctors, Wallets, Fats

  Reagan, Ronald (1984). “Public Papers of the Presidents of the United States: Ronald Reagan, 198”, p.709, Best Books on

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• Yes, deficits are a problem. I've been saying so for more than a quarter of a century now. But the problem is not the size of the deficit, it's the size of government's claim on our economy.

  Ronald Reagan

  Government, Size, Problem

  United States. President (1981-1989 : Reagan), Ronald Reagan (1984). “Ronald Reagan”

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• From the earliest days, the Rothschilds appreciated the importance of proximity to politicians, the men who determined not only the extent of budget deficits but also the domestic and foreign policies.

  Niall Ferguson

  Men, World, Determined

  Niall Ferguson (1998). “The House of Rothschild: Money's prophets, 1798-1848”, Viking Press

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• As the nature deficit grows, another emerging body of scientific evidence indicates that direct exposure to nature is essential for physical and emotional health. For example, new studies suggest that exposure to nature may reduce the symptoms of Attention Deficit Hyperactivity Disorder (ADHD), and that it can improve all children's cognitive abilities and resistance to negative stresses and depression.

  Richard Louv

  Children, Stress, Emotional

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• Economist Frederick Thayer has studied the history of our balanced-budget crusades and has come up with some depressing statistics. We have had six major depressions in our history (1819, 1837, 1857, 1873, 1893 and 1929); all six of them followed sustained periods of reducing the national debt. We have had almost chronic deficits since the 1930s, and there has been no depression since then - the longest crash-free period in our history.

  Molly Ivins

  Depressing, Debt, Statistics

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• If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order to stimulate business, then no power on earth, no gimmick, device, trick or even indexation can prevent its economic consequences.

  Henry Hazlitt

  Government, Order, Credit

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• I refuse to accept any approach that isn't balanced. I'm not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me, making over $250,000, aren't asked to pay a dime more in taxes.

  Barack Obama

  Senior, Class, People

  "Congress Barrels Toward Fiscal Cliff". "Weekend Edition Sunday" with Rachel Martin, www.npr.org. November 11, 2012.

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• 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.

  Nora Ephron

  Reading, Reality, Opposites

  Nora Ephron (2008). “I Feel Bad About My Neck: And Other Thoughts On Being a Woman”, p.84, Random House

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• Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people's savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.

  Ayn Rand

  Government, People, Support

  Ayn Rand (1988). “The Ayn Rand Lexicon: Objectivism from A to Z”, p.234, Penguin

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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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