Robert A. Heinlein Quotes

There is no left or right in economic management today.

I reject the advice of those who think the only way to fight inflation is to throw millions of people out of work .... I guarantee you that I will not fight inflation with your jobs.

We have to change economic policy: create confidence, foster investment, cut the public deficit, restructure taxation and reform the labor laws.

Instead of focusing on growing jobs and reigniting our economy, President Obama focused on growing government and tried to remake the United States into the image of the debt-laden countries of Europe. His approach has been more spending, more regulation, and higher taxes.

Monetary policy and fiscal policy are inseparable.

What you need to be concerned about is the rate of inflation and the direction of interest rates. If they are both going in the wrong direction in 1980, you're not going to be re-elected.

I don't think most of Congress understands how economics works.

We gotta control inflation, quit spending our money on everything. But this years tax increase, why it's the biggest in history.

This bill, the Sound Dollar Act, is all about looking forward about the role the Fed should play.

The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.

The national debt is totally unlike a family budget for about a gazillion reasons, not the least of which being that families cannot raise money by fiat or deflate the size of their debt unilaterally and that family members die instead of existing infinitely.

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.

And it's important to remember we are all responsible - or certainly the elected members in Washington of both parties are responsible for making decisions and choices to ensure that the economy grows and jobs are created.

The economy grows when families can spend money on personal priorities rather than priorities imposed by the federal government.

Americans know that we cannot tax and spend our way out of a recession, yet Democrats can't grasp this simple fact.

People confuse economists and economic policy.

I'm an economist by training. And I know that what works is a permanent increase in buying power.

Inflation is one form of taxation that can be imposed without legislation.

We simply cannot check inflation by keeping people out of work.

If you appoint me, I will raise interest rates and choke off the inflation, and that will have bad political repercussions for you.

By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

If by carelessness in controlling inflation and imposing controls on our general economy we are unable to meet these temporary but vital calls upon us, we will be courting real disaster.

A national debt is the price of liberty.

Attempting to control inflation or protect the dollar by throwing legions of people out of work and shutting down shifts in our factories and mines is a hopeless policy.

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.