Quotes About Fiscal deficit

Various economists and experts had suggested increasing government spending to fight COVID-19, to help the poor survive. On the other hand, businesses were helped so that the jobs are protected. As a result, the fiscal deficit may look slightly high.

A lot of our fiscal deficit went to fund consumption and really did not get used to build investment and infrastructure. The trouble is, you can get a spurt in GDP growth, which may not be sustainable. I would much rather build the gradient of a long-term marathon.

The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around 20,000 pounds. Servicing the interest on that debt is going to cost more than educating the child.

America must reduce its fiscal deficit, modernize its infrastructure, and improve its schools.

Cutting the fiscal deficit is not popular. That is the experience of all governments in all countries. Expenditure cuts hurt certain vested interests, and they don't like it.

The two major political parties in Australia are engaged in a furious debate about the federal budget. Neither of them finds it convenient to point out the obvious. This is that to resolve the fiscal deficit and to support spending at roughly the same share of GDP it has been for the last forty years, Australians will certainly pay more tax.