Deficits quotes:

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  • The problems seem so easy out there on the stump. Deficits shrink with a rhetorical flourish. -- Hugh Sidey
  • Deficits must be cut, yes, but the rush to austerity risks undermining the fragile global recovery. -- Alistair Darling
  • Deficits. Most people of knowledge say it's the biggest single problem facing the economic free world. -- David Hartman
  • Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers. -- Ron Paul
  • Christmas is the time when kids tell Santa what they want and adults pay for it. Deficits are when adults tell government what they want and their kids pay for it. -- Richard Lamm
  • Christmas is a time when kids tell Santa what they want and adults pay for it. Deficits are when adults tell the government what they want - and their kids pay for it. -- Richard Lamm
  • Barack Obama's life was so much simpler in 2009. Back then, he had refined the cold act of blaming others for the bad economy into an art form. Deficits? Blame Bush's tax cuts. Spending? Blame the wars in Iraq and Afghanistan. No business investment? Blame Wall Street. -- John Sununu
  • Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level. -- William Vickrey
  • Deficits are like putting dynamite in the hands of children. They can get out of control very quickly. -- Nassim Nicholas Taleb
  • President Obama met with leaders of the American Indian tribes and they honored the president by giving him his own Indian name: Running Deficits. -- Jay Leno
  • [Deficits are] a yawner. We, as Republicans, have talked about deficits and balanced budgets since the days of Roosevelt, and the people simply haven't listened, because they can't relate to those huge numbers. -- Paul Laxalt
  • Deficits, as I've often said, aren't caused by too little taxing, they're caused by too much spending. Presidents can't appropriate a dollar of tax payers money, only Congressmen can; and Congress is susceptible to all sorts of influences that have nothing to do with good government. -- Ronald Reagan
  • Reagan proved deficits don't matter. -- Dick Cheney
  • Cutting budget deficits can never be just an exercise in economics. -- George Osborne
  • Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP. -- Bill Gross
  • Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare. -- William Vickrey
  • I want to be very clear: I will not sign on to any health plan that adds to our deficits over the next decade. -- Barack Obama
  • Don't forget what I discovered that over ninety percent of all national deficits from 1921 to 1939 were caused by payments for past, present, and future wars. -- Franklin D. Roosevelt
  • 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
  • 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 Nation's largest corporations. -- Ron Kind
  • 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
  • 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
  • To finance deficits, the government must sell bonds to investors, competing for capital that could otherwise be used to invest in stocks or corporate bonds. Government borrowings raise long-term interest rates, stifling economic growth. -- Alex Berenson
  • I stated that I'm a libertarian Republican, which means I believe in a series of issues, such as smaller government, constraint on budget deficits, free markets, globalization, and a whole series of other things, including welfare reform. -- Alan Greenspan
  • When I work with countries struggling to pay for budgets or finance trade deficits, I reflect on how Americans do not spend a moment considering the unique advantages of being able to issue bonds and print money freely. -- Robert Zoellick
  • These days the technology can solve our problems and then some. Solutions may not only erase physical or mental deficits but leave patients better off than 'able-bodied' folks. The person who has a disability today may have a superability tomorrow. -- Daniel H. Wilson
  • On the issues that I care deeply about - the environment, Roe vs. Wade, the war in Iraq, with no weapons of mass destruction, the tax cuts that are now leading to deficits, I've got some deep issues with the president. -- Lincoln Chafee
  • Mr. Obama denounced the $2.3 trillion added to the national debt on Mr. Bush's watch as 'deficits as far as the eye can see.' But Mr. Obama's budget adds $9.3 trillion to the debt over the next 10 years. What happened to Obama the deficit hawk? -- Karl Rove
  • Tonight was a great opportunity to take on the political status quo that has given us trillion dollar deficits and put millions out of work. Our objective was to inject some common sense into the conversation among Republicans at a time when business-as-usual simply won't work. -- Gary Johnson
  • When done right - or wrong, depending on how you look at it - deficits remove liberal options from the table. Suddenly there's no money for building bridges or inspecting meat. Not surprisingly, running up a deficit is a strategy favored by the wrecking crew for its liberal-killing properties. -- Thomas Frank
  • 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
  • We must create wealth and we must cut our deficits. -- Manuel Valls
  • We have deficits with everybody. Who do we have a positive with? -- Donald Trump
  • Governments harangue about deficits to get more revenue so they can spend more. -- Allan H. Meltzer
  • Well, I think what we need to remember is that budget deficits can impede economic activity. -- Peter Orszag
  • Well, I think what we need to remember is that budget deficits can impede economic activity. -- Peter Orszag
  • Ronald Reagan felt very great regret about the deficits to which he contributed on his watch. -- Eugene Jarecki
  • I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits. -- Alan Greenspan
  • Those who can't imagine change reveal the deficits of their imaginations, not the difficulty of change. -- Nelson Mandela
  • Californians are worried about whether they will have a job along with ballooning federal spending and deficits. -- Carly Fiorina
  • Bush may be a strong leader in the war on terrorism, but on budget deficits he is missing-in-action. -- Jim Cooper
  • Our priority must be to build a path towards balancing the budget, and we cannot tolerate growing deficits. -- Michael Dean Crapo
  • Governments don't reduce deficits by raising taxes on the people; governments reduce deficits by controlling spending and stimulating new wealth. -- Ronald Reagan
  • The president elect [Donald Trump] says that will lead to more investment and growth. Skeptics say the tax plan would explode deficits. -- Kelly McEvers
  • 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
  • I keep telling people I want to close the deficit, and one of the deficits is want to close is the fun deficit. -- Hillary Clinton
  • Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire. -- Nouriel Roubini
  • Thanks to decades of accumulated federal budget deficits and, more significantly, imprudent Medicare and Social Security policies, we've stolen almost $60 trillion from our children. -- Steven Rattner
  • The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits. -- Matt Taibbi
  • A lot of people say, 'Why do health-care reform when the deficits are so big?' But that is when we've got to do it. -- Mike Ross
  • A hundred welfare programs, spending more and more billions, lead to chronic budget deficits, which lead to increased paper-money issues, which lead to higher prices. -- Henry Hazlitt
  • Near-term deficits are temporary and manageable if - and only if - we keep spending in check, the tax burden low and the economy growing. -- Jim Nussle
  • 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
  • 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. -- Jonah Goldberg
  • 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
  • There's a stability and growth pact which was agreed for the eleven countries which tries to limit the size of budget deficits among the eleven countries. -- Robert C. Solomon
  • 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. -- Timothy Griffin
  • 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
  • Almost every key indicator of the current economy - unemployment, deficits, housing, energy - argues that Obama's reactionary all-powerful statist approach has only made things far worse. -- Victor Davis Hanson
  • When [Republicans] say they can reduce taxes and trim deficits at the same time, they are either deluded or deceptive, and they are playing voters for fools. -- E. J. Dionne
  • The company must be profitable. Preferably it will have increased its earnings for the past five years and there will have been no deficits over that period. -- Peter Cundill
  • Conservatives were brought up to hate deficits and justifiably so. We've long thought there are two things in Washington that are unbalanced - the budget and the liberals. -- Ronald Reagan
  • 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
  • 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
  • We developed during the 1990s a series of budget process rules that helped us bring to heel these deficits, diminishing every year and moving the budget so into surplus. -- John Spratt
  • For the last 4 years, our Federal Government has produced the four biggest deficits in history, and the estimated 2006 deficit of $423 billion is projected to be the largest of all. -- Melissa Bean
  • We developed during the 1990s a series of budget process rules that helped us bring to heel these deficits, diminishing every year and moving the budget so into surplus." -- John Spratt
  • 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
  • The major cause for American Negroes intellectual and social deficits is hereditary and racially genetic in origin and thus not remedial to a major degree by improvement in environment. -- William Shockley
  • I get a headache when I hear supporters of this endless warfare complaining about the federal budget deficits. They're like arsonists complaining about the smell of smoke in the neighborhood. -- Bob Herbert
  • The most positive step is to try to expand the employment base by making it, if not economically friendly, at least not economically disastrous, for studios to take on deficits. -- Dick Wolf
  • I've, we have in this state, like many other states, we're experiencing an enormous budget deficit that we're trying to grapple with. But we will have progress despite the deficits. -- Jennifer Granholm
  • We're focused on doing the things that make the economy perform well, and as you do that, reduce deficits, for one, very important; secondly, keep growth rates high, very important. -- John W. Snow
  • Back in those days, in the fifties and sixties, countries had balance of payment's deficits or surpluses, those were reflected much more than today in movements of reserves among countries. -- Robert C. Solomon
  • When the economy is still struggling, putting people back to work, finding ways to spur economic activity, ultimately can help to reduce the structural deficits and debts that countries experience. -- Barack Obama
  • Back in those days, in the fifties and sixties, countries had balance of payment's deficits or surpluses, those were reflected much more than today in movements of reserves among countries." -- Robert C. Solomon
  • 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
  • I will bring our energy companies back. They'll be able to compete. They'll make money. They'll pay off our national debt. They'll pay off our tremendous budget deficits, which are tremendous. -- Donald Trump
  • 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
  • If you're really concerned about deficits, you cannot take seriously a budget that would give $30 billion a year worth of tax cuts to not just the top 1 percent but the top 0.1 percent. -- Barack Obama
  • 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
  • We don't need more politicians insisting we have deficits because you're not taxed enough. Those deficits ballooned from an economy that didn't grow enough and from 50 years of government spending too much. -- Ronald Reagan
  • When there's downward pressure on growth, one choice is to adjust economic policy, increase deficits, relax monetary policy. That might have a short-term benefit, but may not be beneficial for the future. -- Li Keqiang
  • I'm a fiscal hawk. I vote against all taxes, but I do believe the environment, and climate change, is a bigger issue than fiscal deficits are as a risk to the nation. -- Vinod Khosla
  • 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
  • We may casually talk of all sorts of new programs and 'stimulus,' but the vast trillion-dollar collective national debt and rising annual deficits will insidiously hamstring almost everything we plan to do. -- Victor Davis Hanson
  • All we're getting from the Democratic majority in Congress and from this White House is more bailouts, more spending, more planned stimulus, more deficits and debt, and the American people have had it. -- Mike Pence
  • It is past time for Republican leadership to answer for record deficits and reckless spending, both in Iraq and in the U.S. It's time for a plan to bring our troops home. -- Sherrod Brown
  • I formed my own studio, carried my own deficits, owned one-hundred percent of my negatives, and made a lot of mistakes, but we ended up being the third largest TV studio in Hollywood. -- Stephen J. Cannell
  • 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
  • It's disappointing that President Obama - who ran for office in 2008 saying he was going to be a fiscally responsible president - has caused the largest deficits and the largest debt in American history. -- Raul Labrador
  • It seems to me there are good deficits and bad deficits. Now, we have a deficit that comes from the militarization of our society and our policy and our approach to the global arena. -- Victor Saul Navasky
  • You can't blame the administration and the Republicans for taking us back to deficits, for spending the Social Security surplus and assaulting the environment. That's what they promised to do in the last election. -- William J. Clinton
  • Looking at the high cost of occupation in Iraq and the needs we have in this country, would it not have been better to have smaller tax cuts in order to keep down the deficits. -- Timothy J. Russert
  • The tea party movement and its passion arose in response to trillion dollar deficits as far as the eye can see and out of a sense that Washington is in need of dire fiscal reform. -- Ari Fleischer
  • At any moment there is certainly not balanced trade between the various areas of the habitable globe that happens to be under seperate national governments - there is an ever-changing pattern of deficits and surpluses. -- Joan Robinson
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