A Quote by Paul Ryan

If borrowing and spending all this money led to more jobs than we would be at full employment already. — © Paul Ryan
If borrowing and spending all this money led to more jobs than we would be at full employment already.
Whether government finances its added spending by increasing taxes, by borrowing, or by inflating the currency, the added spending will be offset by reduced private spending. Furthermore, private spending is generally more efficient than the government spending that would replace it because people act more carefully when they spend their own money than when they spend other people's money.
If, before 2020, there is a choice between further spending cuts, more borrowing and tax rises, the priority must be to avoid tax increases. They would disrupt consumption, employment and investment.
Big banks are more dangerous than standing armies, and the practice of borrowing and spending money to be paid back by the next generation is stealing from their future.
... giving tax incentives for more labor ownership of company stock will do more to create jobs and increase productivity than all the "emergency full employment" bills proposed.
That's the real secret to job creation - not borrowing and spending more money in Washington.
Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.
When government borrowing and spending go up, private borrowing and spending go down.
One of the most striking trends, since at least the 1960's, has been for employment in services to grow far more rapidly than employment in manufacturing. It is this trend that has led to the view that developed economies have become de-industrialized and that they are now effectively service economies.
In 1992, the federal Government actually issued more work authorizations to immigrants and temporary foreign workers than the net number of new jobs created by our economy. Something is fundamentally wrong when we have millions of American citizens and legal residents begging for jobs, and yet we are admitting thousands and thousands of immigrants a year with virtually no consideration to our employment needs or their employment skills.
We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.
Infrastructure spending does not create immediate jobs, and more than half of those jobs will pull from the pool of the already employed.
There is no practice more dangerous than that of borrowing money
I just believe that government borrowing and spending doesn't lead to economic prosperity, growth, or sustainable jobs. I know that it comes from the private sector: people who invest in their businesses and ideas.
We are determined to work in partnership with business not only towards our goal of full employment, but for more secure jobs for working people so they can get on and meet their aspirations.
What people want now, they want jobs. They want great jobs with good pay. And I'll tell you, we're spending a lot of money on the inner cities - we are fixing the inner cities - we are doing far more than anybody has done with respect to the inner cities. It is a priority for me, and it's very important.
There is no practice more dangerous than that of borrowing money; for when money can be had in this way, repayment is seldom thought of in time, the interest becomes a loss, exertions to raise it by dent of industry cease, it comes easy and is spent freely, and many things (are) indulged in that would never be thought of if (they were) to be purchased by the sweat of the brow.
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