A Quote by Ander Crenshaw
We simply can't spend our way out of a recession.
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Americans know that we cannot tax and spend our way out of a recession, yet Democrats can't grasp this simple fact.
Americans know that we cannot tax and spend our way out of a recession, yet Democrats cant grasp this simple fact.
This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined.
You cannot spend your way out of recession or borrow your way out of debt.
The government has to spend money during a recession, because their spending is our earning.
The harsh reality is that we simply cannot tax our way out of our overspending and debt problem. We need a balanced approach that includes both a stronger economy to generate new tax revenues and bipartisan guardrails, which will help ensure that future presidents and congresses spend within our means.
What every traveler confronts sooner or later is that the way we spend each day of our travel...is the way we spend our lives.
At WhatsApp, our engineers spend all their time fixing bugs, adding new features and ironing out all the little intricacies in our task of bringing rich, affordable, reliable messaging to every phone in the world. That's our product, and that's our passion. Your data isn't even in the picture. We are simply not interested in any of it.
At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Recession, or the technology bubble and the early 2000s recession. There are no such imbalances today.
We simply assume that the way we see things is the way they really are or the way they should be. And our attitudes and behaviors grow out of these assumptions.
A government can't cut its way out of a recession any more than you can dig yourself out of a hole.
I wondered what it does to each of us to spend the majority of our waking hours doings things we'd rather not do, wishing we were outside or simply elsewhere, wishing we were reading, thinking, making love, fishing, sleeping, or simply having time to figure out who the hell we are and what the hell we're doing.
We used to think that you could spend your way out of a recession and increase employment by cutting taxes and boosting government spending. I tell you in all candour that that option no longer exists, and in so far as it ever did exist, it only worked on each occasion since the war by injecting a bigger dose of inflation into the economy, followed by a higher level of unemployment as the next step.
If we're going to get this country out of its current energy situation, we can't just conserve our way out. We can't just drill our way out. We can't bomb our way out. We're going to do it the old-fashioned, American way. We're going to invent our way out, working together.
If we're going to get this country out of its current energy situation, we can't just conserve our way out; we can't just drill our way out; we can't bomb our way out. We're going to do it the old-fashioned American way, we're going to invent our way out, working together.
"The ultimate recession": a recession caused not by failed regulation and bankers' greed, but by very high oil prices, food and water shortages, disappearing forests, accelerating climate change, forced migration and mass civil disruption...The long and the short of it, unfortunately, is this: more politicians still believe that economic recovery depends on continuing to live beyond our means (financially and ecologically) than on learning to live within our means. And that's why the ultimate "Perfect Storm" recession still looms on the horizon
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