logo

Quotes About Deficits

Here, too, we tend to be schizophrenic. We would all like to see government spending go down, provided it is not spending that benefits us. We would all like to see deficits reduced, provided it is through taxes imposed on others.
~ Milton Friedman
There's no more place in the euro zone for well-meaning laxness when dealing with deficits and failings. If the demands on Greece aren't taken seriously, we'll get stuck in quicksand. In the worst case, this would make it acceptable for one tranche to not be paid out. It is in the Greeks own interest not to test that.
~ Peer Steinbruck
Brain tumor survivors: don't become hopelessly discouraged if you are experiencing deficits. You in a war and you are bound to have a few battle wounds.
~ Rachel Grady
In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nations largest corporations.
~ Ron Kind
At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in the north; the Italians would behave like Germans. They didn't. Instead, northern Europe fell into subsidizing southern Europe's excess consumption, that is, its current account deficits.
~ Alan Greenspan
There are several silver linings on the horizon. The current account deficits in Spain and Portugal are declining because they have become more competitive and they're exporting more.
~ Wolfgang Schauble
Traditionally, the way deficits have been cut is you hold expenditures more or less constant in real dollars and then let growth come in to fill it up.
~ Phil Bredesen
With its record spending and deficits, the Obama administration has shown little interest in taking fiscal responsibility. That is a mistake.
~ Cathy McMorris Rodgers
and growing need for fixed income securities, and for low inflation to ensure that the interest they pay retains its purchasing power. As more and more people leave the workforce, recurrent public sector deficits ensure that the bond market will never be short of new bonds to sell.
~ Niall Ferguson
But if they want to really think about the fiscal future of this country, then think about how we have moved from hundreds of billions of surpluses to hundreds of billions of deficits.
~ Chaka Fattah
Millennials are concerned with national debt and the deficits.
~ Margaret Hoover
Yet the gap between revenues and expenditures had to be filled, even if by printing rubles. If the budget could not be balanced immediately, the only other solution was to tolerate deficits today with the hope that a pick-up in growth would reduce the relative cost of the deficit in the medium term. Gorbachev thus embraced a strategy of market reform without a balanced budget. He hoped this would spark higher growth.
~ Chris Miller
Understanding that yes, we are committing more resources than we thought we might be in protecting our homeland and prosecuting a war and so it's understandable that we would be going through a period of deficits.
~ Donald Evans
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
President Obama's policies have been categorical failures for our country. Unemployment is over nine percent, our deficits are growing, and small businesses are being burdened with regulations.
~ Tim Griffin
I have spoken about deficits, and I think deficits are important because they address broad economic and financial stability. We need to talk about that.
~ Ben Bernanke
Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.
~ William Vickrey
Instead of seeing these children for the blessings that they are, we are measuring them only by the standard of whether they will be future deficits or assets for our nation's competitive needs.
~ Jonathan Kozol
By the deficits we may know the talents, by the exceptions we may know the rules, by studying patholgoy we may construct a model of health.
~ Laurence Miller
Unfortunately the Republican tax cut will deny important revenues to many states facing their own deficits. This will create greater pressure for higher state and local taxes.
~ Dick Durbin
Maybe that first, gigantic deficit the Reaganites piled up was an accident, just a combination of deluded 'supply side' tax cuts and a huge bag of good stuff for the Pentagon. But pretty quickly conservatives discovered that deficits, when done correctly, did something really cool: deficits defunded the Left.
~ Thomas Frank
Taxes — wealth and waste laws and loopholes dollars and deficits rights and wrongs security and wars ceilings and floors
~ Terri Guillemets
The most pressing and significant problems in the global economy are unsustainable structural issues with regard to the E.U. - fiscal deficits and the structure of the E.U. itself.
~ Henry Paulson
What works for Germany can't work for the rest of Europe: No country can run a chronic surplus without others running deficits.
~ George Soros