A Quote by Austan Goolsbee
Look, I don't dispute that the deficit has increased.
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Like our finances, humankind is living with a growing ecological deficit but the solution is different. The deficit will worsen with dangerous consequences unless we address population growth sooner rather than later. Efficiency improvements, increased use of renewable resources and less waste in themselves are no longer sufficient to put us back into credit
With a congressional mandate to run the deficit up as high as need be, there is no reason to raise taxes now and risk aggravating the depression. Instead, Obama will follow the opposite of the Reagan strategy. Reagan cut taxes and increased the deficit so that liberals could not increase spending. Obama will raise spending and increase the deficit so that conservatives cannot cut taxes. And, when the economy is restored, he will raise taxes with impunity, since the only people who will have to pay them would be rich Republicans.
Deficit, deficit, deficit. The political and media elites are obsessed with the D-word.
Some people worry about our federal deficit, but I, I worry about our bravery deficit. Our economy, our society - we're just losing out because we're not raising our girls to be brave. The bravery deficit is why women are underrepresented in STEM, in C-suites, in boardrooms, in Congress, and pretty much everywhere you look.
More and more people are becoming aware that government has nothing to give them without first taking it away from somebody else-or from themselves. Increased handouts to selected groups mean merely increased taxes, or increased deficits and increased inflation.
Man is still by instinct a predatory animal given to devilish aggression. The discoveries of science have immensely increased productivity of material things. They have increased the standards of living and comfort. They have eliminated infinite drudgery. They have increased leisure. But that gives more time for devilment. The work of science has eliminated much disease and suffering. It has increased the length of life. That, together with increase in productivity, has resulted in vastly increased populations. Also it increased the number of people engaged in devilment.
When you look at February's (2011) deficit spending alone, and the fact that it was larger than what our total deficit spending was in 2007, the proposals that the Senate is sending us simply are ridiculous, because it's not even a solution. It doesn't address the amount of spending that we have in a week's time. We need to get serious.
Increased demands on the members of the Iowa National Guard often means increased time away from home and increased responsibility for those left behind.
When you look what is happening in this country with the debt, the deficit, the CBO coming out and saying once again we're going to have a trillion dollar plus deficit in 2012, the fourth straight year, and unemployment may be going back up to 8.9 or maybe nine percent by the end of the year, these are serious situations that are going.
In all my years of being with Pittsburgh, I never encountered a player taking a contract dispute into the season and letting that dispute affect the way he played.
The deficit - the U.S. knows our deficit is too large. We are committed to bringing it down. We are bringing it down. The deficit came in for fiscal year '05 at considerably below where it was the prior year.
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.
The good parts about being a public company are increased discipline, increased execution and increased transparency to make sure that you are really building a company for a hundred years.
When Republicans say, 'The first thing you do when you do deficit reduction is reduce rates,' it would be like Democrats saying, 'The first thing you do when you do deficit reduction is provide free Medicare at age 55.' We'd like to do that! But it won't bring the deficit down. That's for sure.
Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve -- and I believe this can be done -- a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future.
With a strong domestic economy, low national unemployment at 5 percent, and increasing retail sales, the picture should look rosy. But one look at the trade deficit changes all of that.
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