A Quote by Paul Laxalt
[Deficits are] a yawner. We, as Republicans, have talked about deficits and balanced budgets since the days of Roosevelt, and the people simply haven't listened, because they can't relate to those huge numbers.
Related Quotes
Republicans profess to be against deficits, but they are experts at creating and exacerbating deficits.
I have spoken about deficits, and I think deficits are important because they address broad economic and financial stability. We need to talk about that.
We don't need more politicians insisting we have deficits because you're not taxed enough. Those deficits ballooned from an economy that didn't grow enough and from 50 years of government spending too much.
Maybe that first, gigantic deficit the Reaganites piled up was an accident, just a combination of deluded 'supply side' tax cuts and a huge bag of good stuff for the Pentagon. But pretty quickly conservatives discovered that deficits, when done correctly, did something really cool: deficits defunded the Left.
Governments don't reduce deficits by raising taxes on the people; governments reduce deficits by controlling spending and stimulating new wealth.
As I'm learning, Republicans seem to only care about deficits when a Democrat is in the White House.
Bilateral trade deficits are not evil; historically, better growth in the U.S. economy has led to larger trade deficits.
I love listening to these guys give us lectures about debt and deficits. I inherited a trillion-dollar deficit. ... This notion that somehow we caused the deficits is just wrong. It's just not true. ... If they start trying to give you a bunch of facts and figures suggesting that it's true, what they're not telling you is they baked all this stuff into the cake with those tax cuts and a prescription drug plan that they didn't pay for and the wars.
We are in a bit of a policy box and it's going to require us being willing to give up one of the two, which is it's okay to take on more deficits but lets put in some massive spending. Alternatively to say, 'we're going to go through structural unemployment for a while because we want to address deficits.'
It seems to me there are good deficits and bad deficits. Now, we have a deficit that comes from the militarization of our society and our policy and our approach to the global arena.
Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.
The social and racial conflict, which springs from the redistribution ideology, may deepen as economic output is shrinking and transfer 'entitlements cause budget deficits to soar. The U.S. dollar, which has become a mere corollary of government finance, is likely to survive the soaring deficits.
After a decade of profligacy, the American people are tired of politicians who talk the talk but don't walk the walk when it comes to fiscal responsibility. It's easy to get up in front of the cameras and rant against exploding deficits. What's hard is actually getting deficits under control. But that's what we must do. Like families across the country, we have to take responsibility for every dollar we spend.
Back in those days, in the fifties and sixties, countries had balance of payment's deficits or surpluses, those were reflected much more than today in movements of reserves among countries.
Tonight was a great opportunity to take on the political status quo that has given us trillion dollar deficits and put millions out of work. Our objective was to inject some common sense into the conversation among Republicans at a time when business-as-usual simply won't work.
Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.
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