Best Deficit Quotes

Those who can’t imagine change reveal the deficits of their imaginations, not the difficulty of change.

Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.

I don’t understand how the Republican party is the party with the reputation for fiscal conservatism and fiscal sanity, when they’re the ones who run up the debt. It was Reagan who ran up the debt and now Bush is doing it again, and in between, Clinton and Bush’s father, I must say, worked so hard to get that deficit and that debt down.

Americans have a strange notion that the ordinary laws of economics do not apply to them. So doubtless they will think they are prosperous if the boom starts, and that deficits and indebtedness are merely signs of how prosperous they are.

I understand deficit spending. I was born in deficit spending.

Establishing a 0.03 percent Wall Street speculation fee, similar to what we had from 1914-1966, would dampen the dangerous level of speculation and gambling on Wall Street, encourage the financial sector to invest in the productive economy and reduce the deficit by more than $350 billion over 10 years.

The climate, financial and national security crises are all connected. They share the same cause: Our [the USA’s] absurd dependency on foreign oil. As long as we need to spend billions of dollars each year to buy foreign oil from state-run oil companies in the Persian Gulf, our problems of a trade deficit, a budget deficit and a climate crisis will persist.

Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.

Social Security has nothing to do with the deficit.

If you can look at a crime where everything points to one answer and not see it, you’re a dumb-ass. And if you can look at the deficit and not see that the problem is that the rich stopped paying taxes, you’re a Republican.

During the 1999 debate over Permanent Normal Trade Relations with China President Bill Clinton said, ‘In opening the economy of China, the agreement will create unprecedented opportunities for American farmers, workers and companies to compete successfully in China’s market. WRONG: Our trade deficit with China has increased from $83 billion in 2001 to a record breaking $342 billion in 2014.

The United States has a huge budget deficit so taxes are going to have to go up and I certainly agree they should go up more on the rich than everyone else. That – that’s just justice.

The world doesn’t just revolve around you. There’s a lot of talk in this country about the federal deficit. But I think we should talk more about our empathy deficit.

Of course, there’s been a real debate about where to invest and where to cut, and I’m committed to working with members of both parties to cut our deficits and debt. But we can’t simply cut our way to prosperity.

[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.

The unprecedented success of Keynesianism is due to the fact that it provides an apparent justification for the ‘deficit spending’ policies of contemporary governments. It is the pseudo-philosophy of those who can think of nothing else than to dissipate the capital accumulated by previous generations.

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.

The Democrats – Democrats on board, the Congress said tax policy.But their tax policy was pretty bad, that added $800 billion to the deficit.

We’re in a very Orwellian situation where when we – we’ve slashed defense. And we’ve raised taxes. And we consider $600 billion annual deficit success because it’s not $1 trillion.

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.

The U. S. trade deficit with China shows that while we value the potential of their market, they value the reality of our market. It is in this area that we should use our leverage.

When you see what the deficit is, then you have to do something about it.

I don’t know how you make a record on liberal and conservative these days. We’ve had a conservative Republican Congress, so to speak, and a conservative president, and we’ve run up one of the most astounding deficits in the history of our nation.

In New Mexico, I inherited the largest structural deficit in state history, and our legislature is controlled by Democrats. We don’t always agree, but we came together in a bipartisan manner and turned that deficit into a surplus. And we did it without raising taxes.

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.

What we need to do is not only live within our means, but start paying down the deficit, and offer an opportunity at least for the next generation to get out.

Welfarism and excessive spending and deficits and socialism divide us, because everybody has to go to Washington. Those who have the biggest clout, whose who are the best lobbyists, those who go and they grab. And whether it’s the medical industrial complex, or the banking industry, or the military industrial complex, that’s who ends up controlling our government…

Essentially, when we run a deficit, we are borrowing money to buy things that are made overseas.

You know, dramas are much more expensive to do than say a comedy, so any kind of deficit like that is picked up on when it comes time for them to pick up new shows.

The debt and the deficit is just getting out of control, and the administration is still pumping through billions upon trillions of new spending. That does not grow the economy.

The public has no idea that the deficit has been falling like a stone.

Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.

Well, I think what we need to remember is that budget deficits can impede economic activity.

President Bush, yes, spent money like a drunken sailor, and left the nation with a record $400-billion deficit. President Obama, however, is spending far more money than Bush, with a record $1.8 trillion deficit projected for his first year.

The problem with our deficit is not because Americans are taxed too little. The problem with the deficit is because Washington spends too much money. We have got to stop spending money we don’t have.