Fiscal Quotes - page 4

We had to dispel the notion that the way to economic success lies through a sort of fiscal levitation. That was the abiding post-war delusion-that governments could spend and borrow their way to prosperity, and fine-tune the performance of the economy through something known pretentiously as demand management...It used to be an establishment nostrum that you need a budget deficit to get economic growth. That was the belief which lay behind the notorious letter by 364 economists in March 1981. We have given the lie to that, decisively. There can no longer be any argument about it. Everyone-or almost everyone-now accepts that the proper role of macro-economic policy is to keep downward pressure on inflation and to maintain a stable framework in which the private sector can expand. (Nigel Lawson)
Europe in its infinite wisdom decided to deal with this bankruptcy by loading the largest loan in human history on the weakest of shoulders ... What we've been having ever since is a kind of fiscal waterboarding that has turned this nation into a debt colony. View quote
Yanis Varoufakis
Reaganites learned it is POLICY change that changes economic trajectory. Reagan's successes were built on establishing a fiscal framework that invigorated our entire economy, revitalized growth and investment while decreasing spending, tax rates, over-reaching regulations, unemployment, and favoritism via individual subsidies. We need Reaganites in the new Administration. However well meaning, burdensome federal government imposition is never the solution. Never. Not in our homes, not in our schools, not in churches, not in businesses. View quote
Sarah Palin
Politicians picking and choosing recipients of corporate welfare is railed against by fiscal conservatives, for it's a hallmark of corruption. And socialism. View quote
Sarah Palin
Mundell's models allowed a significant role for fiscal policy, especially under fixed exchange rates. However, the treatment was entirely Keynesian-an increased budget deficit operated solely by raising the aggregate demand for goods. Moreover, increases in government spending and cuts in taxes had pretty much the same effect on the economy. View quote
Robert Barro
Sadly, the President's budget proposal for the upcoming year once again puts cutting taxes for the wealthiest Americans over addressing our country's severe fiscal problems. View quote
Carl Levin
The American people expect more from Congress. They expect fiscal responsibility and common sense. They expect us to return to the pay-as-you-go budget rules that we had enacted in the past that helped us establish a surplus, however briefly. View quote
Melissa Bean
But in this Congress, accountability is just a catch phrase, usually directed elsewhere. Demands to personal responsibility or corporate accountability abound, but rarely congressional accountability or fiscal responsibility. View quote
Melissa Bean
You win the modern financial-regulation game by filing the most motions, attending the most hearings, giving the most money to the most politicians and, above all, by keeping at it, day after day, year after fiscal year, until stealing is legal again. View quote
Matt Taibbi
Now make no mistake, I think we need a strong dose of fiscal conservatism in Washington, D.C. View quote
Kristi Noem
You know, we have a fiscal train wreck before us. And unless we act, and act deliberately, we're not going to enable our kids to have what we have. It's plain and simple as that. (Eric Cantor)
It was the FLP that was committed to reducing the cost of doing business and started by lowering the cost of utilities, and requested the commercial banks and lending organizations to reduce their fees, charges and interest rates. The FLP also moved to reduce public expenditure, which saw a saving of $96 million in its year in office. It was also the FLP, which lowered interest in Housing Authority home loans from 12 per cent to 6 per cent for those on lower incomes. It was the aggregate effect of this and a range of other measures of tight fiscal control, investment in key growth areas and a firm hand on curbing corruption that saw the economy record an unprecedented growth of 9.6% in 1999. View quote
Mahendra Chaudhry
That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them. View quote
Václav Klaus
The model retains the uncomfortable property that any increase in demand for home output ... leads to nominal and real appreciation... The uncomfortable fact remains that even in this model there is a short-run tendency for an expenditure increase to induce an appreciation... Expansionary fiscal policy will lead to an initial depreciation of the nominal and real exchange rate if ... (it) is accommodated by an expansion in nominal money. View quote
Rudiger Dornbusch
I wish I could say that the Chancellor of the Exchequer had done himself less than justice. Unfortunately, I can only say that I believe he has done himself justice. Some Chancellors are macro-economic. Other Chancellors are fiscal. This one is just plain cheap. View quote
Margaret Thatcher
The Delors report is aimed at a federal Europe, a common currency and a common economic policy, which would take many economic policies, including fiscal policy, out of the hands of the House, and that is completely unacceptable. It would also require a treaty amendment, which we do not believe would ever be passed by the House because of the lack of sovereignty that it would imply. View quote
Margaret Thatcher
Middle-class economics works. Expanding opportunity works. And these policies will continue to work as long as politics don't get in the way. We can't slow down businesses or put our economy at risk with government shutdowns or fiscal showdowns. We can't put the security of families at risk by taking away their health insurance, or unraveling the new rules on Wall Street, or refighting past battles on immigration when we've got to fix a broken system. View quote
Barack Obama
We have entered upon a period of crisis and conflict more grave and crucial than any living man has known, and it is a conflict which I think has been more deliberately undertaken and will be more resolutely fought through by both sides than any political conflict that we can recall. Terribly important as economic and constitutional questions may be, the fiscal system of a country and the system of Government which prevails in a country are only means to an end, and that end must be to create conditions favourable to the social and moral welfare of the masses of the citizens. View quote
Winston Churchill
Political union means transferring the prerogatives of national legislatures to the European parliament, which would then decide how to structure Europe's fiscal, banking, and monetary union. View quote
Barry Eichengreen
Less than a month ago this Nation reminded the world that it possessed both the will and the weapons to meet any threat to the security of free men. The gains we have made will not be given up, and the course that we have pursued will not be abandoned. But in the long run, that security will not be determined by military or diplomatic moves alone. It will be affected by the decisions of finance ministers as well as by the decisions of Secretaries of State and Secretaries of Defense; by the deployment of fiscal and monetary weapons as well as by military weapons; and above all by the strength of this Nation's economy as well as by the strength of our defenses. View quote
John F. Kennedy
There should be no more signing of international agreements that reduce customs duties and other commercial barriers without including quantified and binding measures to combat fiscal and climate dumping in those same treaties. (Thomas Piketty)
Franklin Delano Roosevelt eventually became the greatest liberal leader of 20th century United States, but he started as a fiscal conservative. His greatness is founded in his willingness to change his mind to save his country from the Great Depression. View quote
Abhijit Banerjee
I'll never run for office. But I intend, either on the fiscal commission or on issues like immigration, to hopefully have my voice be heard. View quote
Andy Stern
All of the government's monetary, economic and political power, as well as its extensive propaganda machinery, will be enlisted in a constant battle to drive down the price of gold - but in the absence of any fundamental change in the nation's monetary, fiscal, and economic direction, simply regard any major retreat in the price of gold as an unexpected buying opportunity. View quote
Irwin Schiff
Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a virtually impossible task, and that fiscal-stimulus programs are usually too small, and arrive too late, to make a difference. View quote
James Surowiecki