A Quote by Mark Zandi
President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring.
Related Quotes
When Obama's economic advisers - a greater group of schlemiels would be hard to find - warn that failure to raise the limit will trigger default and horrific consequences for the global economy, Republicans should reply that if this is so, tell it to your president and get him to approve the spending cuts along with the debt-limit increase.
We would be somewhat foolish to work out something on stopping us from going over the cliff and then a month or six weeks later Republicans pull the same game they did before and say, 'We're not going to do anything - unless this happens, we're not going to agree to increasing the debt ceiling.' I agree with the president, it has to be a package deal.
Perhaps the most striking thing about the 2015 State of the Union address was not the president at the podium but the audience in the seats. The joint session of Congress listening to President Obama Tuesday night included 83 fewer Democrats than the group that heard Obama's first address in 2009 - 69 fewer Democrats in the House and 14 fewer in the Senate. The scene in the House Chamber was a graphic reminder of the terrible toll the Obama years have taken on Capitol Hill Democrats.
There has been plenty to criticize about President Obama’s handling of the economy. Yet the overriding story of the past few years is not Mr. Obama’s mistakes but the scorched-earth opposition of Republicans, who have done everything they can to get in his way - and who now, having blocked the president’s policies, hope to win the White House by claiming that his policies have failed.
Obama has been perhaps the most partisan President since Truman. He hasn't learned to be civil - note his insulting speech to Paul Ryan, who did us the courtesy of scoring a budget. The president has to talk to Republicans when it comes to the debt ceiling. He has reached the debt ceiling before anyone expected.
A whole series of changes that are in the code, are in the laws of the United States. If Cuba changes its position toward its own people, well then the policy of the United States changes also. That is what I would go after. I believe that many of the changes that this President has made, President Obama, are in violation of that law.
Under President Obama, we have spent more money - he has spent more money than any other president in this history, actually, the combined total from Washington up to George W. Bush. President Obama has racked up more spending, $1 trillion deficits. And it's time that he join us in this effort to get our fiscal house in order.
Back in 2008, candidate Obama called a $10 trillion national debt 'unpatriotic' - serious talk from what looked to be a serious reformer. Yet by his own decisions, President Obama has added more debt than any other president before him, and more than all the troubled governments of Europe combined. One president, one term, $5 trillion in new debt.
President Obama has ignored or dismissed proposals that would address our anti-competitive tax code and unsustainable trajectory of federal debt - including his own bipartisan National Commission on Fiscal Responsibility and Reform - and submitted no plan for entitlement reform.
President Obama started with a much weaker economy than I did. Listen to me, now. No president - no president, not me, not any of my predecessors, no one could have fully repaired all the damage that he found in just four years.
We are hopeful that President Obama, in his State of the Union Address, will express a willingness to work with Republicans to enact all of these jobs bills.
President [Barack] Obama's staking his reelection hopes on rebuilding America's middle class. He wants higher taxes on the wealthy, tougher rules on Wall Street, and everyone else to get a fair shot to succeed. Republicans can cry "class warfare" if they want, but as the president put it today, it's about this country's welfare.
I can't imagine that I would be asked that by the president-elect [Donald Trump], or then-president [Barack Obama]. But it's - I'm very clear. I voted for the change that put the Army Field Manual in place as a member of Congress. I understand that law very, very quickly and am also deeply aware that any changes to that will come through Congress and the president.
I could never wrap my head around why the world and the President that Republicans describe bears so little resemblance to the world and the President that I experience. And now I know why. There is a President Obama that only Republicans can see.
Betty White met with President Obama at the White House. President Obama invited Betty personally because she's great with animals. And the president's still having a tough time house-training Joe Biden.
House and Senate Republicans are now united in adopting earmark bans. We hope President Obama will follow through on his support for an earmark ban by pressing Democratic leaders to join House and Senate Republicans in taking this critical step to restore public trust.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist