Quotes About Deficit

I do strongly believe myself that members of the government who sit in the House of Lords should be accountable to the elected House because otherwise there is a democratic deficit, and that is wrong.

If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession.

We have a serious structural deficit problem. And it needs to be addressed. The president is trying to address it through reforms of Social Security, but the problem is there with other entitlement programs like Medicare and Medicaid.

We have to get the tax revenues up. That means we have to get back to a healthy American economy, grow the economy so that you make more money. I make more money, ordinary Americans make more money, and so does the government. That helps lessen the deficit.

But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.

During the Brexit campaign there was a deficit of outrage.

If you lose control of your debt and deficit, you get massive cuts in things such as health and education. You get appalling insecurity, jobs lost, firms going overseas.

In spite of its limitations as a tax-efficient investing vehicle, on an after-tax basis over the two decades of the Arnott study, the Vanguard 500 Index Fund bests the average mutual fund by 2.8 percent per year. Only 14 percent of funds, as shown in Table 7.6, post superior after-tax results, winning by an average margin of only 1.3 percent per year. Losers, much larger in number than winners, lose by a greater margin, posting a 3.2 percent per annum after-tax deficit.

Well-constructed academic studies confirm the theoretical premise. Robert Arnott's 2000 examination of U.S. equity mutual-fund returns shows a twenty-year pre-tax deficit of 2.1 percent per year relative to the result achieved by investors in Vanguard's 500 Index Fund. Nearly 80 percent of actively managed funds failed to reach Vanguard's market-mimicking return.

it is terribly important to a militaristic society to have constant wars going on that are both unwinnable and completely futile, in order to justify a constant running fire-hose blast of deficit spending. For example, I personally vow that the United States will be running full-scale wars against both Drugs and Terror until both Drugs and Terror are completely obliterated from the earth. These

Neoconservative Republican President George W. Bush took office determined to aggressively export American democratic values through conflict. The Iraq war, a misdirected response to 9/11, tacked trillions of dollars on to the deficit while further destabilising the Middle East.

Fourth, to assure every entrepreneur and every job creator that their investments in America will not vanish as have those in Greece, we will cut the deficit and put America on track to a balanced budget.

Obama did inherit a deficit when he came into office. Why this fact justifies racking up vastly more debt and bigger deficits is a logical mystery.

As Vermont's senator and a member of the Budget Committee, I will not support a plan to reduce the deficit that does not call for shared sacrifice.

America cut back on "welfare" from the 1970s onward. Family income support fell from 0.4 percent of GDP in 1970 to under 0.2 percent in 2010.16 Welfare still looms large in the public's imagination, but it plays little role in the budget and the deficit. It's been a long time since America was generous to its poor families with children! The

The supposition that there is massive waste to be cut in the civilian budget is simply a myth. To recapitulate: ending all earmarks and foreign aid and achieving all of the specific cuts on civilian programs proposed by the deficit commission, even if such choices were meritorious, would amount to less than 1 percent of GDP. True

My point here is to insist that the rich should pay their way, and that they can easily afford to do so. All of the angst of canceling vital government programs to close the deficit is a charade put on by the rich for the rich. With a fair tax structure and a just contribution of the rich to the rest of society, we can afford a truly civilized America. Let

While Romney has an overall deficit with women voters, his biggest disadvantage is with college educated women - wherever they work, at home, in an office, a store or a factory.

At his best, Obama promised to work with Republicans to reduce the deficit in a way that honors both individualism and community.

If you look at the studies coming out of the Congressional Budget Office, the number one thing that's going to blow a hole in the deficit as we go forward 20, 30 years is government spending on healthcare.

In 2001, when the economy was strong, the country was able to absorb substantial deficit spending in the wake of September 11 without constricting the Federal Reserve's flexibility to ease interest rates.

The Farm Bill is one of the only bills that provides substantial deficit reduction that passed the Senate this year. It only makes sense that this deficit reduction bill would be included in a larger deficit reduction agreement.

Poetry could be a brilliant antidote to some of our current cultural problems...our collective attention deficit.

Our platform calls for a balanced deficit reduction plan where the wealthy pay their fair share. And when your country is in a costly war, with our soldiers sacrificing abroad and our nation facing a debt crisis at home, being asked to pay your fair share isn't class warfare - it's patriotism.