A Quote by Nicholas Bloom
Trump can, like every government, trigger a short boom with borrowed money, just like he has announced. He appears to want to adopt the economic policy approach favored by Republicans of putting lots of money into building roads and cutting taxes. Markets like that. But, at the end of the day, someone always has to foot the bill.
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Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here.
Those on the downside of rising economic inequality generally do not want government policies that look like handouts. They typically do not want the government to make the tax system more progressive, to impose punishing taxes on the rich, in order to give the money to them. Redistribution feels demeaning. It feels like being labeled a failure.
Governments enjoying surpluses have a very strong temptation to splash money around, and while tax cuts are always appealing, cutting taxes at the top of a boom runs the real risk of creating a structural deficit when the boom subsides.
What does it mean when Republicans and Democrats alike warn us about the 'pain' involved in cutting government spending - in their spending less of our money? For the average citizen, what pain is there in his keeping more of his money to invest it the way he wants? Taxes cost people. Tax cuts do not cost government.
We've got wars. Imagine having more money, you could buy more beer. Have you been to Dublin in its heyday like in the boom heyday at like 4:00 in the morning on a Sunday or Saturday? It's like beyond New Orleans. It's like St. Patrick's Day every day. It's not good. I don't even like pubs anymore. I like going for a meal and having a bottle of wine. Be more gentle.
Is money money or isn't money money. Everybody who earns
it and spends it every day in order to live knows
that money is money, anybody who votes it to be
gathered in as taxes knows money is not money. That
is what makes everybody go crazy.... When you earn
money and spend money every day anybody can know the
difference between a million and three. But when you
vote money away there really is not any difference
between a million and three.
Just like you could dump oil into the Cuyahoga in the 60s and let someone else foot the bill, today you can pump CO2 into the atmosphere and let the whole world foot the bill.
And I just think that we're at a point in our economic life here in our state - and - and, candidly, across the country, where increased taxes is just the wrong way to go. The people of our state are not convinced that state government, county government, local government has done all they can with the money we already give them, rather than the money that we have...
They're just talking. They're flirting kind of like they're strangers, but at the same time they also seem to know each other really well. I don't get it." "So they're taking it slow. What's wrong with that?" Bill asked. "Kids today, they just want things to go fast-- boom boom BOOM.
I'm a big believer in getting money from where the money is, and the money is in Washington. I learned from running the Olympics that you can get money there to help build economic opportunities. We actually got over $410 million from the federal government; that is a huge increase over anything ever done before. We did that by going after every agency of government. That kind of creativity I want to bring to everything we do (in Massachusetts).
We just learned about this fetish where guys just give women money and know that they are spending their money. It's not like a sugar daddy thing. It's like financial domination, or something like that. These guys just want to give you money.
I don't save money. Save is a four letter word! I like to borrow money because I can get richer faster on borrowed money. I have what is called retained earnings, so I don't have to save money. If I need money, I will go out and borrow it.
I was just burnt out. I didn't like the music business and I didn't like me. There's an element of falseness about the whole thing. Even things like doing an interview. It's not as though we just met in the pub and are having a chat - it's part of a process. If you do it all day, every day for years, you end up thinking: 'Who the hell am I?' I was lucky enough to make some money, enough to let me kick back. It was a great experience and it was nice to have a couple of No.1s but the best thing about it was that the money I made allowed me to have freedom and choice in my life.
The best way to encourage economic vitality and growth is to let people keep their own money.When you spend your own money, somebody's got to manufacture that which you're spending it on. You see, more money in the private sector circulating makes it more likely that our economy will grow. And, incredibly enough, some want to take away part of those tax cuts. They've been reading the wrong textbook. You don't raise somebody's taxes in the middle of a recession. You trust people with their own money. And, by the way, that money isn't the government's money; it's the people's money.
People are putting their money into treasuries because they worry that the risk of putting their money into the bond market, the stock market or even the money markets is very high.
Just never really got into cars and flossin' or never really cared, like I was always the type of person that felt like as long as I make enough money to support my family with this music that's all I really care about. You know what I mean so I don't really buy, I'm just not into like that many material possessions and stuff like that, because at the end of the day, it's just not that important.
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