A Quote by John F. Kennedy

The Federal Budget can and should be made an instrument of prosperity and stability, not a deterrent to recovery.

John F. Kennedy

Quote Topics

Budget Deterrent Federal Instrument Made Prosperity Recovery Should Stability

Quote Author

John F. Kennedy
American - President
May 29, 1917 - November 22, 1963

A tax cut means higher family income and higher business profits and a balanced federal budget....As the national income grows, the federal government will ultimately end up with more revenues. Prosperity is the real way to balance our budget. By lowering tax rates, by increasing jobs and income, we can expand tax revenues and finally bring our budget into balance.

John F. Kennedy

Coolidge cut the budget, and even better, cut it during peace and prosperity. He left a federal budget lower than the one that greeted him when he arrived in office. He managed to freeze or cut the budget over more than five years in office. If you look at charts of presidents - Nixon, Ike, and Reagan - you see them failing on this score.

Amity Shlaes

I think we should balance the federal budget tomorrow. I'm optimistic. I think Americans are optimistic. We went to the moon; we can balance the federal budget.

Gary Johnson

The Federal Reserve places great importance on our relations with the Bundesbank. Few such relationships have been as important, over the decades, in promoting financial stability and prosperity around the world.

Jerome Powell

My main contribution was to demolish the myths that India couldn't economically afford nuclear weapons. Of course I made these political arguments too, but the main contribution I made was a study of the cost of acquiring a credible deterrent, and show that it was within the budget of India, and it would not be an unbearable burden.

Subramanian Swamy

If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.

Ben Bernanke

Small films, made on shoe-string budget work in big centres, and for that a substantial amount of budget should be set aside for marketing.

Priyanshu Chatterjee

Those who analogize the federal budget to a family's budget must know nothing about either.

Robert Reich

If Federal Reserve loans are subsidies, it doesn't show up in the federal budget.

Elizabeth Warren

We have to look to the well-being of the Lebanese citizens and create prosperity in the country, and you can't create prosperity without stability.

Najib Mikati

There are people who oppose a federal Constitutional amendment because they think that the law of family should be made by the states. I can see a legitimate argument there. I think it's mistaken, however, because the federal government, through the decisions of life-tenured federal judges, has already taken over that area.

Dallin H. Oaks

The German car industry has a clear vision of the necessity of stability in the continent that goes beyond selling cars. For Germany, the economy is an instrument in a much wider issue of stability in continental Europe and overcoming the mistakes of the past.

Frans Timmermans

I feel that your ambitions should always exceed the budget. That no matter what budget you're doing, you should be dreaming bigger than the budget you have, and then it's a matter of reigning it in to the reality. You try to make things count.

Guillermo del Toro

A budget is a reflection of our values, and as a member of the House Budget Committee, I work each year to ensure that our federal budget invests in programs that support working families, enhance our research and development capabilities, and ensure the safety and security of the American people.

Seth Moulton

I have long been in favor of a balanced budget restriction at the level of the federal government of the United States. Because the federal government has money-creating powers it can, in fact, be very damaging if it runs a series of budget deficits. With the state government in the United States, they don't have money-creating powers. The automatic discipline imposed by the fact that they are in a common monetary unit and don't have control over the money power means that the balanced budget restriction is less needed.