Quotes About Economy

Defense spending as a share of the economy dropped significantly during the early 1990s, and that was one of the things, along with other policy changes, that put us back on the path to a balanced budget.

In the budget, the president will call for a five-year freeze on discretionary spending other than for national security. This will reduce the deficit by more than $400 billion over the next decade and bring this category of spending to the lowest share of our economy since Dwight Eisenhower was president.

The problem is that the economy isn't growing fast enough to accommodate the level of spending produced through the democratic process.

Raising the debt limit on some levels is a ministerial act. It doesn't involve any new spending.

Federal spending is atrocious.

I think you're going to see a number of Democrats that do want to see us grapple with spending.

To protect people's lives and keep our children safe, we must implement public-works spending and do so proudly. If possible, I'd like to see the Bank of Japan purchase all of the construction bonds that we need to issue to cover the cost. That would also forcefully circulate money in the market. That would be positive for the economy, too.

Cut back your spending now.

Sequestration was not designed to be anyone's ideal method for getting our hands around government spending, and it certainly isn't mine.

The confidence is really driven by the woman - whether she can have the confidence that there will be enough earning or income to finance all the domestic spending - but also by the middle-income class, which for many Asian countries has become the growth power for the economy.

I, for one, believe that revenue has to increase. I think every American would pay more if they thought spending was going to be cut and the budget brought to balance.

Infrastructure spending does not create immediate jobs, and more than half of those jobs will pull from the pool of the already employed.

Mr. Obama's choices show how fundamentally unserious he is about deficit reduction and spending restraint.

Normally, when politicians talk about 'cutting the budget,' they really mean reducing the amount of increase. Actual spending goes up while the politicians claim to have 'cut the budget.'

After almost 50 years in which federal spending averaged about 20 percent of GDP, Joe Sestak and Nancy Pelosi took federal spending to 25 percent. You know, that's a 25 percent increase in the size of the government overnight. That's what we - that's what we've got to rein in.

Life is better when people are working, happy, and spending money.

We keep spending money and sending it overseas when we should be developing American energy.

It's time to stop spending money we don't have and balance the budget.

I'm not very good with spending money.

You don't help the economy by spending money.

I don't like spending money.

I'm not a spendthrift. It's hard enough to earn!

And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That's accounting.

If greater openness is a key to economic success, I believe there is increasingly a need for openness in the political sphere as well.