A Quote by Nassim Nicholas Taleb
The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution.
Related Quotes
I've never been able to get it straight about what these people who are worried about the trade deficit are worried about. When they say that we're buying too much from overseas, that we're sending too many dollars overseas to get all these goods and services they got, they're saying that the American dollar is too strong and that is hurting our economy. And the result of this will be that the American dollar will get too weak, and that will hurt our economy.
The problem with our deficit is not because Americans are taxed too little. The problem with the deficit is because Washington spends too much money. We have got to stop spending money we don't have.
Deficit, deficit, deficit. The political and media elites are obsessed with the D-word.
There is a democratic deficit. In Latin America in particular there is real concern that democratic governments are not delivering and that is leading to experimenting with different models that are much less democratic. But even in Western Europe the deficit is a problem.
Trying to cut the deficit too far, too fast isn't working. The government must adopt a steadier, more balanced plan to get our deficit down and take immediate action now to support the economy and create jobs here in Britain.
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.
So when folks talk about the deficit and leaving the deficit for our children, we will never get out of debt had this country until people get back to work, until they have good-paying jobs, and in between times, we will not move this economy forward until we are helping people be able to keep going in this recession.
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.
To the deficit commission, a depression is the solution to the problem, not a problem.
We're actually just moving one type of deficit to another. But, the problem with this second type of deficit is that you drive on it and then it falls down.
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.
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
I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It might be technically possible, but it is not realistic.
American's greatest deficit is no longer found in the federal budget. It is a moral deficit, and it may be found in a polluted and poisoned culture that has become the great enemy within.
If a trade deficit is determined solely by rates of savings and investment, then the U.S. trade deficit will be impervious to a get-tough trade policy. Slapping higher tariffs on imports will only deprive foreigners of the dollars they would have earned by selling in the U.S. market.
The federal budget deficit isn't the nation's major economic problem and deficit reduction shouldn't be our major goal.
Our problem is lack of good jobs and sufficient growth, and our goal must be to revive both.
Related Authors
Austin O'Malley Quotes
American
Scientist
Carl Sagan Quotes
American
Scientist
Charles Darwin Quotes
English
Scientist
David Suzuki Quotes
Canadian
Scientist
E. O. Wilson Quotes
American
Scientist
Georg C. Lichtenberg Quotes
German
Scientist
Isaac Asimov Quotes
American
Scientist
Jane Goodall Quotes
English
Scientist
Margaret Mead Quotes
American
Scientist
Neil deGrasse Tyson Quotes
American
Scientist
Richard Dawkins Quotes
English
Scientist
Stephen Jay Gould Quotes
American
Scientist
Steven Pinker Quotes
Canadian
Scientist
Sylvia Earle Quotes
American
Scientist
Thomas Huxley Quotes
English
Scientist
W. Edwards Deming Quotes
American
Scientist