A Quote by Thomas Friedman

If the Republican Party continues to take the view that there must be no tax increases, we're stuck. Capitalism can't work without safety nets or fiscal prudence, and we need both in a sustainable balance.
Some people need safety nets. Some people need two safety nets. I've grown up with no safety nets around me.
The beauty of the tea party movement is that it is independent and thus a true check and balance of the Republican and Democrat parties. It's not a pawn of the GOP, thus untouchable in criticism of the Democrats - I view it as an unattached conscience of the Republican party.
I'm a capitalist. I believe in capitalism. But capitalism only works if you have safety nets to deal with people who are naturally left behind and brutalized by it.
I don't understand how the Republican party is the party with the reputation for fiscal conservatism and fiscal sanity, when they're the ones who run up the debt. It was Reagan who ran up the debt and now Bush is doing it again, and in between, Clinton and Bush's father, I must say, worked so hard to get that deficit and that debt down.
Republicans must stop putting tax increases on the fiscal cliff negotiating table and start demanding that Democrats put forth serious proposals to reduce spending.
We have deluded ourselves into believing the myth that capitalism grew and prospered out of the Protestant ethic of hard work and sacrifices. Capitalism was built on the exploitation of black slaves and continues to thrive on the exploitation of the poor, both black and white, both here and abroad.
Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view.
Governors of both political parties face a stark choice between unpopular tax increases and drastic cuts in Medicaid, education, public safety and other essential services.
Tax increases slow economic growth. Why would you raise taxes? We need to reform spending, the tens of trillions of unfunded liabilities can never be funded by tax increases, that can only be fixed by reducing spending.
It's how they've stayed popular for so long. By not doing anything that will make them look like fools. They never leave home without their safety nets and I think, good for them, but the thing with safety nets is this. I got tangled in them so many times and the Stella girls always seemed to leave me dangling, upside down, to the point where I almost couldn't breathe anymore.
There's no reason why fiscal responsibility is a Democrat or a Republican point of view. It ought to be all of our points of view.
We in Scotland need fiscal responsibility. Quite simply, we need to be responsible for what we raise in tax and what we spend in tax.
When the Republican Party is no longer the party of fiscal conservatism then clearly I would argue that we've lost our way.
One of the greatest falsehoods of American politics over the past several decades is that the Republican party is the party of fiscal responsibility.
I think the Tea Party has brought enormous strength to the Republican Party and I absolutely support its fiscal responsibility message, yes.
Much fiscal policy is implemented, not through spending increases, but through tax credits and other so-called tax expenditures. The markets should respond to them as they do spending cuts, with little contraction in economic activity.
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