A Quote by Edward Lazear

The only way to eliminate the deficit in the long run is through growth. — © Edward Lazear
The only way to eliminate the deficit in the long run is through growth.
The best way to deal with the deficit is through economic growth.
Budget deficits are not caused by wild-eyed spenders, but by slow economic growth and periodic recessions. And any new recession would break all deficit records. In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low, and the soundest way to raise the revenues in the long run is to cut the rates now.
One of the reasons we don't have our deficit under control is because Republicans are wusses and won't tell their base a simple fact that everyone knows. We can't eliminate the deficit without raising some revenue... They're wusses.
It is your mind that matters economically, as much or more than your mouth or hands. In the long run, the most important economic effect of population size and growth is the contribution of additional people to our stock of useful knowledge. And this contribution is large enough in the long run to overcome all the costs of population growth.
Nothing alive can stand still, it goes forward or back. Life is interesting only as long as it is a process of growth; or, to put it another way, we can only grow as long as we are interested.
Why am I interested in deficits? The only way you balance the budget in this country long-term is through sustained economic growth. And that's what everything we are doing in this administration is aimed at that end goal.
The surest way to identify those who won't succeed at weight loss is that they tend to say things like "My goal is to lose ten pounds." Weight targets often work in the short run. But if you need willpower to keep the weight off, you're doomed in the long run. The only way to succeed in the long run is by using a system that bypasses your need for willpower.
The goal of what Japan's central bank is doing is to create growth. If it actually creates growth, in the long run, it will lead to appreciation.
Let's eliminate the income tax, which is one huge speed bump to long-term economic growth and recovery.
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.
While monetary policy can contribute to growth by supporting a durable expansion in a context of price stability, it cannot reliably affect the long-run sustainable level of the economy's growth.
The only sure way to eliminate the threat posed by nuclear weapons is to eliminate the weapons themselves.
Economic growth must be the central issue because it is only through growth that the devastating threat of national bankruptcy can be averted. Furthermore, it is only by reviving American economic growth that the West's global predominance can be sustained, and peace and freedom kept secure around the world.
The message from national security experts and citizens around the world is clear: The only way to eliminate the global nuclear danger is to eliminate all nuclear weapons.
This is what Donald Trump understands. This is the trade deficit. We run a trade deficit of close to $800 billion a year.
Anything that you fight with or struggle against grows larger. You give power to lower energies by focusing upon them. You don't eliminate darkness by arguing with it. The only way to eliminate darkness is to turn on a light.
This site uses cookies to ensure you get the best experience. More info...
Got it!