Murray Rothbard Quotes

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.

Let's be clear: raising taxes during a very slow recovery is likely to lead to another recession, and it will do absolutely nothing to balance the budget.

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

While the deficit and debt are serious problems, I oppose solving these problems by raising taxes.

Raising taxes in an economic downturn is not a good idea.

The three main political parties all agree the UK deficit is high and needs to be brought down. All agree that it is easier to get a deficit down if you have faster growth, cutting unemployment-related costs and raising revenues.

I personally don't believe we ought to be raising taxes or cutting spending, either one, until we get this economy off the ground. I'll pay more, but it won't solve the problem.

The biggest source of getting the country to a balanced budget is not by raising taxes or by cutting spending. It's by encouraging the growth of the economy.

Well obviously the economy is critical to everything we do and we need to get the economy back in shape, the deficit down, the debt paid off, so that the economy can grow again and grow properly.

We are worried about the size of the deficit, which is why the president is pleased that the House and Senate have followed his lead in cutting the deficit in half over the next five years.

I was the chairman of the House Budget Committee and one of the chief architects the last time we balanced a budget, and it was the first time we had done it since man walked on the moon. We had a $5 trillion surplus and we cut taxes.

The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.

In the middle of a recession, where we're just climbing out of it, where the economy -unemployment is still at 9.7 percent, the idea of raising taxes and reducing spending is a prescription for disaster.

In the past, proactive fiscal polices almost always meant just more investment and an increase in the fiscal deficit.

I think Republicans really need to be disciplined, to stay focused on sustained economic growth.

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.

In order to reduce the deficit, there has to be revenue in addition to cuts.

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

First of all, I don't like to speak about austerity. I'd prefer to speak of fiscal discipline. Fiscal discipline, in the end, amounts to austerity if it is not accompanied by other policies.

My opponent Senator Menendez and his colleagues are pursuing what I consider a Jon Corzine economic policy. Higher taxes, more spending, more debt.

The caricature of what George Osborne is doing on the fiscal side is absurd. If you read some of the commentary, particularly from the left, you would think he was turning the clock back to the 1930s.

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.

A Tory government with a decent mandate seems the only hope of tackling the fiscal catastrophe responsibly.

In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in the world.

We cannot collect enough taxes to catch up with spending. Do I know a solution? Not really. Do your politicians know a solution? Does our commander-in-chief offer a solution? Absolutely not.