A Quote by Peter Orszag

Well, I think what we need to remember is that budget deficits can impede economic activity.

Peter Orszag

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Activity Budget Budget Deficit Deficits Economic Economic Activity Need Remember Think Well

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Peter Orszag
American - Economist
Born: December 16, 1968

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.

Ben Bernanke

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.

Hans F. Sennholz

Well, I think the president has clearly submitted us a tight budget, but it's what's called for if we're going to get spending under control and keep the economy moving in the right direction, with economic growth and job creation activity.

Thad Cochran

Why am I interested in deficits? The only way you balance the budget in this country long-term is through sustained economic growth. And that's what everything we are doing in this administration is aimed at that end goal.

Mick Mulvaney

When the economy is still struggling, putting people back to work, finding ways to spur economic activity, ultimately can help to reduce the structural deficits and debts that countries experience.

Barack Obama

We developed during the 1990s a series of budget process rules that helped us bring to heel these deficits, diminishing every year and moving the budget so into surplus.

John Spratt

If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order to stimulate business, then no power on earth, no gimmick, device, trick or even indexation can prevent its economic consequences.

Henry Hazlitt

The road to economic well-being is to reward productive economic activity and to provide a moderate and predictable growth of money to finance real economic growth without reigniting the fires of inflation.

Paul Craig Roberts

If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months. ... There was a Twilight Zone episode like this in which scientists fake an alien threat in order to achieve world peace. Well, this time, we don't need it, we need it in order to get some fiscal stimulus.

Paul Krugman

When we stop running up huge budget deficits and start acting responsibly in Washington, we will provide small-business owners with the certainty they need to put Americans back to work.

Sam Graves

I think this is an exciting time where we can actually get a compromise between Democrats and Republicans, and we have to for this country. Now, I think we need not only to balance the budget in the future but we also need balance in the budget.

Amy Klobuchar

We do not have a budget support. We are now fully independent in terms of requirements, but we still have a need for development assistance separate from the budget. So all the economic aid we receive is for development assistance.

Jose Ramos-Horta

Economic activity, especially the activity of a market economy, cannot be conducted in an institutional, juridical or political vacuum. On the contrary, it presupposes sure guarantees of individual freedom and private property, as well as a stable currency and efficient public services.

Pope John Paul II

Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in our sense of the word All economic change, therefore, would involve operations the value of which could neither be predicted beforehand nor ascertained after they had taken place. Everything would be a leap in the dark. Socialism is the renunciation of rational economy.

Ludwig von Mises

Most politicians are ever eager to regulate industrial and commercial activity and strike at the economic elite with confiscatory taxation. Unfortunately, regulation and taxation tend to hamper economic activity, inhibit productivity, and depress levels of living.

Hans F. Sennholz

We need a budget that will foster economic growth for all of our people, and we need to make taxes more simple and fair for working families - not give handouts to the rich.

Seth Moulton

A Quote by Peter Orszag

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