A Quote by Paul Krugman
What our economy needs is direct job creation by the government and mortgage-debt relief for stressed consumers. What it very much does not need is a transfer of billions of dollars to corporations that have no intention of hiring anyone except more lobbyists.
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I've been able to bring billions of dollars back to our state that has so desperately needed it - billions of dollars in relief to homeowners and our communities and our pension systems that desperately need it.
When our most important issue is the debt that we're piling on our children and grandchildren, I think it's pretty helpful to have someone in the U.S. Senate who has actually managed billions of dollars and knows how to cut billions of dollars.
Consider in Washington, around the country today we are talking about balanced budgets, paying down our national debt, getting the economy going, defending ourselves, activist judges. Newt Gingrich did all those things when he was speaker. We got tax relief. We got balanced budgets. We got, you know, job creation. We paid down our national debt.
The federal government needs to do a much better job of managing our resources, but the sale or transfer of our land is an extreme proposal, and I won't tolerate it.
The Treasury plan is a disgrace: a bailout of reckless bankers, lenders and investors that provides little direct debt relief to borrowers and financially stressed households and that will come at a very high cost to the US taxpayer. And the plan does nothing to resolve the severe stress in money markets and interbank markets that are now close to a systemic meltdown.
While we clearly need health-care reform, the last thing our country needs is a massive new health-care entitlement that will create hundreds of billions of dollars of new unfunded deficits and move us much closer to a government takeover of our health-care system.
Competition does a much more effective job than government at protecting consumers.
Poverty is not a mortgage on the labor of others-misfortu ne is not a mortgage on achievement-fai lure is not a mortgage on success-sufferi ng is not a claim check, and its relief is not the goal of existence-man is not a sacrificial animal on anyone’s altar nor for anyone’s cause-life is not one huge hospital.
I think one purpose is very clear among corporations and business leaders: make profits, deliver high return for stockholders, conquer markets, service consumers and create jobs. But in today's world, demands from corporations and leaders are much more than that. We need to understand what people really want at the very end.
There is nothing wrong with corporations. Corporations are a good thing. But corporations should not be running our government. Corporations are good because they drive our economy, they encourage people to assemble wealth and to risk it and then create jobs.
As the economy faces such difficulties, more tough questions need to be asked about what the Tories would do if elected. Their ideology of free markets and small government needs challenging. That has to be part of our job.
Providing tax relief and reducing regulations leads to job creation and new economic opportunities for our small businesses, which are the backbone of our economy.
Americans know that a strong alliance of free, sovereign and independent nations is the best defense for our freedoms and for our interests. That is why my administration has demanded that all members of NATO finally meet their full and fair financial obligation. As a result of this insistence, billions of dollars more have begun to pour into NATO. In fact, people are shocked. But billions and billions of dollars more coming in from countries that, in my opinion, would not have been paying so quickly.
Mitt Romney has a history of being a great job creator. Secondly, he was a great governor. He went from billions of dollars in the hole when he became governor to billions of dollars in surplus when he left. And he went from the loss of tens of thousands jobs when he became governor to the creation of 40,000 new jobs when he left office.
In general, we need America to take its game up a notch when it comes to broadband. It's important to acknowledge the billions and billions of dollars of investment in fiber. But we need more.
The corporations have become our government. They're not just influential. Department by department, you name it, they put their people in high government positions, they have 10,000 PACs and 35,000 lobbyists, so there's no more opening to be heard.
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